Purchase of a residential property, either Freehold or Leasehold.
Our fees cover all of the work required to complete the purchase of your new home from start to finish, including the pre-completion searches, dealing with registration at the Land Registry and dealing with any of Stamp Duty Land Tax (Stamp Duty), if applicable.
Our Legal fee will vary depending on the value of the property purchased. If you are purchasing a leasehold property, there will be a supplement of £200.00 plus VAT.
Property Value |
Legal Fee (exc. VAT and disbursements) |
£0.00 – £99,000.99 |
£650.00 |
£99,100.00 – £175,000.99 |
£675.00 |
£175,001.00 – £250,000.99 |
£700.00 |
£250,001.00 – £350,000.99 |
£750.00 |
£350,001.00 – £500,000.99 |
£800.00 |
£500,001.00 – £650,000.99 |
£1000.00 |
£650,001.00 + |
Price provided on application. |
If your property falls within the HU17 postcode area, the applicable fees will be as follows:
SALE AT £150,000 |
Legal Fee (exc. VAT and disbursements) |
PURCHASE AT £150,000 |
Legal Fee (exc. VAT and disbursements) |
|
Pepperells |
£650 |
Pepperells |
£675 |
|
SALE AT £300,000 |
PURCHASE AT £300,000 |
|||
Pepperells |
£750 |
Pepperells |
£750 |
|
SALE AT £550,000 |
PURCHASE AT £550,000 |
|||
Pepperells |
£950 |
Pepperells |
£1000 |
|
LEASEHOLD FEES |
||||
Pepperells |
£220 |
Disbursements are costs related to your matter that are payable to third parties, for example the Land Registry Fees. We handle this on your behalf to ensure a smoother purchase. Examples of disbursements in your matter may include:
Certain disbursements are variable depending on the purchase price of your property. You can calculate the amount of Stamp Duty Land Tax you will need to pay by using HMRC’s website. The Land Registry website provides more information on what you might expect to pay for their fees.
If you are purchasing a leasehold property, there are additional disbursements that may or may not apply to your lease, depending on the individual terms of the lease. We have provided estimates though they may vary from property to property and can be significantly more or less than the ranges provided. These may include:
With a leasehold property, It is often the case that ground rent and service charges will apply throughout your ownership of the property. We are able to confirm this upon receipt of the lease.
Our fee assumes the following:
How long will my house purchase take?
It is impossible to be specific over this as no two transactions are exactly alike. On average, however, it is likely to take between 8 – 12 weeks.
It can be quicker or slower, depending on a number of factors. For example, how quickly the various parties can arrange their finances, how many enquiries need to be raised and how quickly they can be answered will affect how long the process takes. Where there is a chain involved with many buyers and sellers, all dependent on one another, this can add to the length of time taken.
Stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, the following will form part of any typical transaction:
Sale of a Residential Property, either Freehold or Leasehold
Our fees cover all of the work required to complete the sale of your new home, including drafting the necessary contracts and paperwork and responding to any queries raised by your buyer.
Our Legal fee will vary depending on the value of the property you are selling. If you are selling a leasehold property, there will be an additional charge of £200.00 plus VAT.
Property Value |
Legal Fees (exc. VAT & disbursements) |
£0.00 – £99,000.99 |
£595.00 |
£99,001.00 – £175,000.99 |
£650.00 |
£175,001.00 – £250,000.99 |
£700.00 |
£250,001.00 – £350,000.99 |
£750.00 |
£350,001.00 – £500,000.99 |
£850.00 |
£500,001.00 – £650,000.99 |
£950.00 |
£650,000.00 + |
Price provided on application. |
Disbursements are costs related to your matter that are payable to third parties, for example the Land Registry Fees. We handle this on your behalf to ensure a smoother purchase. Examples of disbursements in your matter may include:
Our fee assumes the following:
How long will my house purchase take?
It is impossible to be specific over this as no two transactions are exactly alike. On average, however, it is likely to take between 8 – 12 weeks.
It can be quicker or slower, depending on a number of factors. For example, how quickly the various parties can arrange their finances, how many enquiries need to be raised and how quickly they can be answered will affect how long the process takes. Where there is a chain involved with many buyers and sellers, all dependent on one another, this can add to the length of time taken.
Stages of the process
The precise stages involved in the sale of a residential property vary according to the circumstances. However, the following will form part of any typical transaction:
Mortgages
Our fees cover all of the work required to complete the remortgage on your property.
Our legal fee will vary depending on the value of the property in question. If it is a leasehold property, there will be a supplement of £100.00 plus VAT.
Property Value |
Legal Fee (exc. VAT and disbursements) |
£0.00 – £99,000.99 |
£595.00 |
£99,100.00 – £175,000.99 |
£645.00 |
£175,001.00 – £250,000.99 |
£685.00 |
£250,001.00 – £350,000.99 |
£725.00 |
£350,001.00 – £500,000.99 |
£800.00 |
£500,001.00 – £650,000.99 |
£900.00 |
£650,001.00 + |
Price provided on application. |
Disbursements are costs related to your matter that are payable to third parties, for example Land Registry Fees. We handle this on your behalf to ensure a smoother process. Examples of disbursements include:
Our fee assumes the following:
How long will my re-mortgage take?
It is difficult to give an accurate indication of timescales, as no two transactions are the same. Generally, time taken will be between 6 – 8 weeks.
There may be certain factors that affect this estimate. For example, if your Lender requires that full searches are completed this may increase the amount of time that your matter takes.
Stages of the process
Pepperells Limited, registered in England and Wales: No. 10244781 | Registered Office: 100 Alfred Gelder Street, Hull, East Yorkshire, HU1 2AE | Authorised & Regulated by The Solicitors Regulation Authority | Regulation Authority Numbers 636188, 638554, 638556, 647027, 636188, 807163, 818433, 8000373, 832782 and 830125. | www.sra.org.uk
Pepperells Solicitors are committed to ensuring that all Partners, Consultants and Employees give their full co-operation to the Legal Ombudsman in the event of any dispute or complaint against our firm, contact details of which can be found at www.legalombudsman.org.uk. VAT No. 365 0589 36