01708 757575 mbs@ker.co.uk Enterprise House, 18 Eastern Road, Romford, Essex UK, RM1 3PJ

We are Conveyancing Specialists.

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ABOUT US
 

We are experienced in buying and selling all kinds of residential property including houses, flats (including share of freehold), new build property, buy to lets, shared ownership, council right to buy, transfer of ownership or equity and remortgages.

We are on the lending panel of all major lenders including Santander, Nationwide,  Lloyds including Bank of Scotland/Halifax, Royal Bank of Scotland including NatWest, HSBC and Barclays/Woolwich.
Due to our location we deal with conveyancing in London and the local areas of Romford, Hornchurch, Ilford, Upminster, Brentwood, Chelmsford, Dagenham and the surrounding local area but we can deal with any property located in England and Wales.
Let kenneth elliott + rowe take the stress out of your move – put your instructions in safe hands.

Conveyancing: Your Guide to Our Fees

Our fees cover all of the work required to complete the sale or purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales. Our fees are dependent on the value of the property you are buying and selling.

You can get a full quote from our website www.convey-quote.co.uk which does not require any login or other information other than the price of the property, whether you are a first time buyer and whether you require an mortgage (on your purchase).

To assist you further in understanding our charges we have provided four illustrations below.

Illustration 1 – based on a freehold purchase of £500,000 with a mortgage

Our Fees

Conveyancer’s fees for freehold purchase

  • Legal fee £899
  • Electronic money transfer fee (our fees) £30

 

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending circumstances.

  • Search fees £127*
  • Stamp Duty £15,000**
  • HM Land Registry fee £135***
  • Priority search and Land Charges £5

VAT

VAT is payable at a rate of 20%  on our fees and any disbursements which are subject to VAT. Confusingly not all disbursements carry VAT.

  • VAT payable £185.80

TOTAL

The estimated total for a freehold purchase of £500,000 with a mortgage is therefore  £16381.80.

Illustration 2 – based on a freehold sale of £400,000 including the repayment on one mortgage

Our Fees

Conveyancer’s fees for freehold sale

  • Legal fee £649
  • Electronic money transfer fee (our fees) £30

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending circumstances.

  • Office copy entries duty £6.

VAT

VAT is payable at a rate of 20%  on our fees and any disbursements which are subject to VAT. Confusingly not all disbursements carry VAT.

  • VAT payable £135.80

TOTAL

The estimated total for a freehold sale at £400,000 with a mortgage is therefore £820.80

 

Illustration 3 – based on a leasehold purchase of £500,000 with a mortgage

Our Fees

Conveyancer’s fees for fleasehold purchase

  • Legal fee £999
  • Electronic money transfer fee (our fees) £30

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending circumstances.

As this involves a leasehold property there will be various disbursements the exact cost of which we will not know until we see the lease and/or replies from the Landlord or Management Company. Estimated figure are also provided below.

  • Search fees £127*
  • Stamp Duty £15,000**
  • HM Land Registry fee £135***
  • Priority search and Land Charges £5

Estimated Disbursements (may not apply in all circumstances).

  • Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £10- £150.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £10 and £150.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £50 and £200.
  • Certificate of Compliance fee – To be confirmed upon receipt of the lease, as can range between £50 – £150.

These Estimated Disbursements  vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

VAT

VAT is payable at a rate of 20%  on our fees and any disbursements which are subject to VAT. Confusingly not all disbursements carry VAT.

  • VAT payable £185.80

TOTAL

The estimated total for a leasehold purchase of £500,000 with a mortgage is therefore  £16,501.80 (not including the Estimated Disbursements noted above).

Although not part of the conveyancing costs you should also be aware that ground rent and service charge may have to be paid on completion in accordance with the lease terms. This may mean you may have to pay such charges up to a year in advance. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

Illustration 4 – based on a leasehold sale of £400,000 including the repayment on one mortgage

Our Fees

Conveyancer’s fees for freehold sale

  • Legal fee £749
  • Electronic money transfer fee (our fees) £30

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending circumstances. As this involves a leasehold property there will be various disbursements the exact cost of which we will not know until we obtain this information from the Landlord or Management Company. This cost needs to be paid in advance. Estimated figure are provided below.

  • Office copy entries duty £15.

Estimated Disbursements (may not apply in all circumstances).

  • Freeholder’s Management Pack – This fee is provided by the freeholder or their agents for the property and can be difficult to estimate. Often the fee is between £10- £150.
  • Leasehold Management Pack/Replies to LPE1 – This fee is provided by the management company for the property and can be difficult to estimate. Often the fee is between £100 and £300.
  • Licence to Assign fee – This fee is chargeable if set out in the lease. It is more rare. Often it is between £50 and £500.

VAT

VAT is payable at a rate of 20%  on our fees and any disbursements which are subject to VAT. Confusingly not all disbursements carry VAT.

  • VAT payable £155.80

TOTAL

The estimated total for a leasehold sale at £400,000 with a mortgage is therefore £919.80 (not including the Estimate Disbursements).

FAQs

How long will my conveyancing take?

How long it will take from your offer being accepted until you can move in/out of your house will depend on a number of factors. The average conveyancing process nationwide  takes between 10-12 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 6 weeks. However, if you are buying or selling a leasehold property it often takes longer because we tend to wait for management/freeholder information. This may take nearer the 10-12 week average or longer.

Factors can complicate any transactions, for example if the lease you are buying or selling requires an extension of the lease, this can take significantly longer, between 2 and 4 months. In such, a situation additional charges would apply (normally around £650 plus VAT for the lease extension if combined with the sale/purchase).

What do we do for our fee?

The precise stages involved in the purchase or sale of a residential property vary according to the circumstances. However, below are some of the key stages on a purchase:

  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender’s solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller’s solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

On a sale we would typically:

  • Take your instructions and give you initial advice
  • Obtain your title deeds
  • Arrange for you to complete the pre contract enquiries.
  • Prepare the draft contract documents
  • Obtain further planning documentation if required
  • Deal with any necessary additional enquiries from the buyer’s solicitor
  • Send final contract to you for signature
  • Agree completion date (date from which you vacate the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for the mortgage(s) on the property to be redeemed
  • Obtain and pay the estate agents fee
  • Complete the sale
  • Account to you for the net proceeds.

Variations to our fees

Our fees quote assumes that:

  1. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  2. the transaction is concluded in a timely manner and no unforeseen complication arise
  3. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  4. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

Typically our charges will increase if, for example, the following factors apply:

  • there is an unusual mortgage – particularly if that lender will not instruct us to deal with their requirements and we need to liaise with third party solicitors acting for the lender.
  • The sale includes a new build element or setting up new leases.
  • There are multiple owners and you require a trust deed or similar arrangement put in place between the parties.
  • The purchase or sale involves a shared ownership scheme
  • You are using a help to buy scheme, and whether it is an equity loan or ISA

This list is not exhaustive but if complicating factors arise we will contact you to agree a new quote before progressing.

Explanatory Notes

* Search Fees (on purchase)

The search fee  is variable depending on area in which you are purchasing. The fee quoted is for a postal local search in the London Borough of Havering. Different local authorities have different charging structures. Additional optional searches can add to this for example drainage and water and environmental and flood searches can add around £140 to this price.

** Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website here..

Our on line calculator will calculate the correct duty if you are a first time buyer or a buying purchasing a replacement home but it will not work out at present the additional 3% duty payable by second owners/companies or buy to let.

*** Land Registration Fee (on purchase)

This fee varies up or down according to the valuer of the property you are purchasing. If however the property is not yet registered either because it has never been registered (which sometimes occurs in probate properties) or it is a new title for example a new build plot or lease then the fee is double what is quoted as there is a different fee scale for such matters.

 

Conveyancing Department Staff Experience

Mark Sadler – Solicitor and Director

Mark has over 26 years’ experience in property.

Residential conveyancing accounts for 25% of Mark’s current workload

 

David Farr – Solicitor and Director

David has over 35 years’ experience in property.

Conveyancing accounts for 30% of David’s current workload

 

Fred Rylah – Solicitor and Director

Fred has over 12 years’ experience in property.

Conveyancing accounts for 40% of Fred’s current workload

 

Mouzzam Yamin – Solicitor

Mouzzam has over 8 years’ experience in property.

Conveyancing accounts for 100% of Mouzzam’s current workload

 

 

 
WE OFFER
 
  • Fixed fee service
  • Highly competitive prices
  • Friendly and knowledgeable
  • Specialist lawyers
  • Good local contacts
  • Email communication
  • Expedited transactions at no extra cost
INSTANT QUOTE
 

Buying Price

£

Freehold/LeaseHold

LeaseholdFreehold

Are you obtaining a Mortgage

yesno

Selling Price

Freehold/LeaseHold

LeaseholdFreehold

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How to contact us

 

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Enterprise House, 18 Eastern Road, Romford, Essex, UK, RM1 3PJ

01708 757575

mbs@ker.co.uk

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