Our fees cover all work (*) required to complete the purchase of a residential property including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty).

Every conveyancing transaction is unique. Our prices depend on the value of the property based on the following table:-

Milburns charge an electronic money transfer fee of £20 plus £4 VAT for the cost of sending the purchase monies to the sellers solicitors on completion.

It is necessary for Milburns to carry out an electronic identity check against each of our clients and any appropriate persons at a cost of £8.40 each inclusive of vat.

There may be extra charges depending on the precise circumstances of the property such as:-

• If the property is Leasehold there will be an extra £750 plus £150 vat (with a minimum fee for our legal fees of £1,500 plus £300 vat)
• Purchase of a new build property there will be an extra £750 plus £150 vat (with a minimum fee for our legal fees of £1,500 plus £300 vat)
• Purchase of property with the assistance of a Help-to-Buy Equity Loan £200 plus £40 vat
• Help-to-Buy ISA £50 plus £10 vat (for each ISA)
• Leasehold solar panels at the property an extra £1,000 plus £200 vat
• If more than one person is purchasing a property a Declaration of Trust may be required at a cost of approximately £150 plus £30 vat
• If the property is served by a septic tank there will be an extra £500 plus £100 vat

Disbursements are costs related to your matter that are payable to third parties such as Land Registry fees. We handle the payment of disbursements on your behalf to ensure a smoother process.

Typical disbursements will include:-

• Land Registry fees

The registration fee charged by the Land Registry will depend on a number of factors such as whether or not the property you are buying is already registered at the Land Registry the purchase price and whether or not the transaction is a purchase of the whole of an existing Land Registry title or part of a Land Registry title. Information regarding the fees payable to the Land Registry is available on their website http://landregistry.data.gov.uk/fees-calculator.html

There will also be a number of land registry searches which usually cost in the region of £28.20 inclusive of vat.

• Searches

The precise searches to be carried out depend on the location of the property. The usual searches are a:

• Regulated local search – approximately £87.35 inclusive of vat
• Road Adoption – the cost of this search is typically £6.00 inclusive of vat
• Regulated drainage and water search – the cost of this search is typically £51.80 inclusive of vat
• Combined Environmental and coal mining search (if in a coal mining area) – the cost of this search is typically £99.93 inclusive of vat**

**In areas where a coal search is not required we use the stand alone Environmental Search which costs £61.20 inclusive of vat.

We usually use a third-party provider to provide us with Regulated searches rather than applying to the organisation direct for an official search. On occasion, we may consider that an official search is more appropriate and if so we will let you know the exact cost of the search.

• Stamp Duty

This depends on the purchase price of your property and a number of other factors such as whether or not this will be a second property or holiday home. This sum can be calculated using HMRC’s website – https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro

• Administrative Fees

We often use an intermediary to streamline the preparation of the Land Registry application and the Stamp Duty paperwork. The cost is £6.00 (inclusive of vat) of the Land Registry application and £6.00 (inclusive of vat) for the Stamp Duty application. We pass these costs to our client.

If the property you are buying is Leasehold, there are likely to be further disbursements as follows:-

• Notice of transfer fee – this fee (if chargeable) is often set out in the Lease. Often the fee is between £20 and £100 plus vat.
• Notice of charge fee (if the property is to be mortgaged) – this fee is often set out in the Lease. Often the fee is between £20 and £100 plus vat
• These fees 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 received appropriate information from the sellers solicitor.
• You should also be aware that Ground Rent and Service Charge are likely to apply throughout your ownership of the property – we will confirm the Ground Rent and anticipated Service Charge when we receive this information.

How long it will take from your offer being accepted until you own the house will depend on a number of factors. The average process takes between 6 – 12 weeks. It can be quicker or slower depending on the parties in the chain. For example if you are a First Time Buyer with a mortgage in principal and there is no chain it could take 6 weeks. However if you are buying a Leasehold property that requires an extension or alteration of the Lease, this can take significantly longer often between 6 – 12 months. In such a situation additional charges would apply.

Typical stages in the transaction are as follows:-

• Taking your instructions and giving you initial advice
• Checking finances are in place to fund the purchase
• Receiving and advising you on contract documents
• Carrying out searches
• Obtaining further documentation if required
• Making any necessary enquiries of the sellers solicitors
• Giving you advice on documents and information received
• Taking you through the conditions of your mortgage offer
• Obtaining your signature on the legal documentation
• Agreeing a completion date (being the date from which you will own the property)
• Exchanging contracts and notifying you when this has happened
• Arranging for all monies needed to be received from the Lender and yourself
• Completing the purchase
• Dealing with the payment of Stamp Duty
• Dealing with registration at the Land Registry

All our conveyancing work is carried out by a team of experienced conveyancers most of whom are Solicitors and Legal Executives who are many years qualified. Details of our Legal Advisers can be found on our website.

*Our fee assumes that:-

a) 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

b) The transaction is concluded in a timely manner and no unforeseen complications arise

c) All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

d) No indemnity policies are required. Additional disbursements may apply if indemnity policies are required

Our fees cover all work (*) required to complete the sale of a residential property.

Every conveyancing transaction is unique. Our prices depend on the value of the property based on the following table:-

Milburns charge an electronic money transfer fee of £20 plus £4 VAT for the cost of sending monies to the mortgage company to pay off a mortgage on completion.

It is necessary for Milburns to carry out an electronic identity check against each of our clients and any appropriate persons at a cost of £8.40 each inclusive of vat.

There may be extra charges depending on the precise circumstances of the property such as:-

• If the property is Leasehold there will be an extra £750 plus £150 vat (with a minimum fee for our legal fees of £1,500 plus £300 vat)
• Sale of a property subject to a Help-to-Buy Equity Loan £200 plus £40 vat
• Leasehold solar panels at the property an extra £1,000 plus £200 vat
• If the property is served by a septic tank an extra £500 plus £100 vat

Disbursements are costs related to your matter that are payable to third parties such as Land Registry fees. We handle the payment of disbursements on your behalf to ensure a smoother process.

Typical disbursements will include Land Registry fees to obtain up-to-date title information. This cost is typically £20.40 inclusive of vat, but it depends on the precise circumstances.

How long it will take from an offer being accepted until completion of the sale will depend on a number of factors. The average process takes between 6 – 12 weeks. It can be quicker or slower depending on the parties in the chain. For example, if you are selling to a First Time Buyer with a mortgage in principal and there is no chain it could take 6 weeks. However, if there are many parties in the chain it can take substantially longer

Typical stages in the transaction are as follows:-

• Taking your instructions
• Preparing and submitting Contract to the buyers Solicitors
• Obtaining further documentation if required
• Answering enquiries of the buyers solicitors
• Obtaining your signature on the legal documentation
• Agreeing a completion date
• Exchanging contracts and notifying you when this has happened
• Completing the sale
• Paying off any mortgage on the property
• Accounting to you for the net proceeds of sale

All our conveyancing work is carried out by a team of experienced conveyancers most of whom are Solicitors and Legal Executives who are many years qualified. Details of our Legal Advisers can be found on our website.

*Our fee assumes that:-

a) 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

b) The transaction is concluded in a timely manner and no unforeseen complications arise

c) All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

d) No indemnity policies are required. Additional disbursements may apply if indemnity policies are required

We do not pay referral fees.