Costs and Service Information

Sale of a Residential Property

Prices

Our costs information is set out generally below. For a bespoke quote relevant to your exact sale details (i.e. you will not have to work out the fees from the tables below yourself), please click here and enter your details and we will contact you. Please refer to our privacy policy for details of how we will use any information that you submit via the enquiry form on our website.

Please note that there will be two elements to the costs information set out below:

  1. Fees charged by Lovedays Solicitors. These are charged on the basis of fixed fees; and
  2. Fees payable to third parties.

Please ensure that you consider both parts of the costs information.

Fees charged by Lovedays Solicitors

Property Price Range Legal Fee VAT (20%) Total Fee
£0 - £200,000.99 £825.00 £165.00 £990.00
£200,001.00 - £250,000.99 £880.00 £176.00 £1,056.00
£250,001.00 - £300,000.99 £962.50 £192.50 £1,155.00
£300,001.00 - £400,000.99 £1,045.00 £209.00 £1,254.00
£400,001.00 - £500,000.99 £1,100.00 £220.00 £1,320.00
£500,001.00 + 0.27%* £ £

*Legal fees charged at 0.27% of the property sale price

Please also add the following costs to the applicable fee listed in the table above to your sale:
Description of fee Fee VAT (20%) Total fee
If the property is leasehold £200.00 £40.00 £240.00
If a management company is party to the transaction £100.00 £20.00 £120.00
Bank Telegraphic transfer fee £10.00 £2.00 £12.00

Fees payable to third parties (‘Disbursements’)

Description of Disbursement Fee VAT (20%) Total
Office copy entries (approx.) £10.50 £2.10 £12.60
Consumer bank account verification £3.75 £0.75 £4.50
Electronic ID verification & Anti-money laundering check £11.25 £2.25 £13.50
Anti-money laundering check only £5.17 £1.03 £6.20
eCOS onboarding fee (if applicable) £6.50 £1.30 £7.80

Work included and key stages

The precise work and stages involved in the sale of a residential property vary according to the circumstances. However, we have set out the key stages involved in a typical sale transaction:

  • Take your instructions and give you initial advice.
  • Check the title of the property you are selling.
  • Prepare documents, the contract of sale and deeds relating to your sale.
  • Dealing with questions and enquiries raised by your buyer(s)’ solicitors.
  • Reporting and providing information to you relating to the property you are selling.
  • Exchanging contracts following any necessary negotiations on the terms.
  • Approving the transfer deed from the buyer(s)’ solicitors.
  • Completing your sale and accounting to you for the proceeds or receiving from you any monies required to complete the sale.
  • Dealing with all post-completion matters, particularly repaying any outstanding mortgages or loans.

Services excluded

Our service will not include any of the following:

  • Advice on the value of the property.
  • A physical inspection of the property.
  • Advice on any planning implications unless instructed to do so which may be subject to additional charges.
  • Checks on the property to ensure that it has been built in accordance with any planning permissions granted.
  • Advice on tax or other accounting matters.

Approximate/average timescales

How long it will take from you accepting an offer on your property until the sale is completed, will depend on a number of factors. However, the average process takes between eight – twelve weeks from the date you instruct your solicitor.

It can be quicker or slower depending on the parties in the chain and the efficiency of third parties involved in the sale such as the buyer’s solicitors, the solicitors representing other buyers and sellers in the chain, your buyer’s bank if they are taking out a mortgage, search providers and the relevant local authority to conduct your buyer’s local search.

Factors that could increase costs

In some circumstances we may increase our fees to account for additional time, work or skill required to meet your instructions. Examples include:

  • If there is a defect in the property title which requires remedying prior to completion.
  • If we are required to discharge more than one mortgage or loan on the property.
  • If we are required to obtain retrospective approval to any alterations to a property or obtain an insurance indemnity policy in relation to any problem concerning the transaction.
  • If there are any other complexities to your sale.

Qualifications and experience of our conveyancing team

Our residential conveyancing team includes:

Name Position Experience

Alison Kirkham

Licensed Conveyancer and Head of Residential Property

Has worked in conveyancing since 2000 and qualified as a Licensed Conveyancer in 2006.

Rachael Mellor

Licensed Conveyancer

Has worked in conveyancing since 2004 and qualified as a Licensed Conveyancer in 2011.

Hayley Kirkland

Licensed Conveyancer

Has worked in conveyancing since 2007 and qualified as a Licensed Conveyancer in 2022.

Pamela Morton

Licensed Conveyancer

Has worked in conveyancing since 2016 and qualified as a Licensed Conveyancer in 2020.

Claire Broadhurst

Solicitor

Has worked in conveyancing for over 10 years and qualified as a Solicitor in 2001.

Jo Moran

Conveyancer

Has worked in conveyancing since 2004 and is currently working on her Licensed Conveyancer qualification.

Emily Boam

Conveyancer

Has worked in conveyancing since 2010 and is a certified CILEX Member.

Regardless of who works on your matter, they will be supervised by Alison Kirkham who is the head of the residential conveyancing department.

If you would like to find out more about our staff, please click here.


About Lovedays

Lovedays Solicitors, Potter and Co Solicitors and Andrew Macbeth Cash and Co Solicitors are the trading names of Derbyshire Legal Services Limited which is a company registered in England and Wales under company number 08838592. Registered office Sherwood House, 1 Snitterton Road, Matlock, Derbyshire, DE4 3LZ.

Authorised and Regulated by the Solicitors Regulation Authority under SRA ID number 637916.

Contact
  • 01629 56660
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Sherwood House
    1 Snitterton Road
    Matlock
    Derbyshire
    DE4 3LZ

© Copyright 2019 Derbyshire Legal Services Limited | Website by WebWorks