|
Mortgage Routes Online Property Conveyance service
This page will provide
conveyancing fees for remortgages only
To quote for Purchase click here
To quote for Sale only click here
To quote for Sale
and Purchase click here
This tool will allow you to obtain a free anonymous real-time online quote for
conveyancing.
Please answer the simple questions and click calculate if you are happy with a
particular solicitor and their quote click on their name and you will get a more
formal quotation and an opportunity to instruct that conveyancer there and then.
Conveyancing fees
This is the cost of getting a solicitor or a licensed conveyancer to act on your
behalf in conveyance of your property sale or purchase.
Conveyancing involves ensuring all the title deeds and contractual documents are
drawn up correctly and also ensuring that correct ownership of the property is
recorded with the HM land registry office
Behind the estate agents fees your conveyancing fees are probably the most
expensive part of the whole property buying process.
Here at Mortgage Route we aim to get all things property and mortgage related at
the best possible price for your the customer that is why we have teamed up with
a few different solicitors to ensure that prices are both affordable but most of
all competitive.
If you want a free quotation on what your conveyancing fees should be please
complete our simple form below and one of our advisors will obtain a no
obligation quote on your behalf.
In the meantime please also find below an example of the types of costs that can
be incurred in conveyancing. Please note that this is only a guide and is no
substitute for a full complete quotation from a qualified and licensed
conveyancer.
In order to act for you, solicitors will charge a fee to cover their time.
Typically £350.00 upwards, dependent on the value of the house. This fee will
normally attract VAT.
In addition to the cost of their time they will also include additional costs
know commonly as disbursements. These are detailed below.
Stamp Duty- a tax on the purchase of property there are some areas in the
country were it is exempt so please check with your solicitor to see if yours is
applicable.
Current Stamp Duty levels are as follows
£0 to £120,000 is 0% of transfer
1% over £120,000 to £250,000 1% of transfer
£250,001to £500,000 3% of transfer
£500,001 + 4% of transfer
Local search - A search carried out to establish if there are any plans, from
the local area, being submitted with the council that could affect the security
- £100 upwards
Land registry - This is the fee charged by the land registry office,
which is a place where there is a record kept of the property, ownership and the
mortgages secured. It is charged to cover the
admin costs for altering the registry to record the new title and the new debt
being secured. £40 upwards
Bankruptcy search - A search carried out to establish if the purchaser is an
undisclosed bankrupt. An un-discharged bankrupt is not allowed to apply for
credit without the courts permission. £2.00 per applicant.
Telegraphic transfer - This is when money is transferred electronically. £25.00
to £35.00 approx.
Official Search- A search carried out, again with the land registry, to confirm
that no information has been recorded to restrict the transfer, such as a
caution put on the property by a creditor of the owner to ensure they get paid
once the property sells. Failure to do this could result in the new owner being
responsible for this liability if not it will cause inconvenience to sort out.
£4.00
|
