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Approximate costs of freehold sale

Law costs 1/4% of sale price + vat
Copy of Land Register  £8.00
Home Information Pack
£Price upon request

Approximate costs of freehold purchase

Law costs 1/4% of purchase price + vat
Land Registry search £4.00
Bankruptcy search (per pers)
£2.00
Bank transfer fee £35.25
Land Tax return £58.75
 
Local Search
£Price upon request
Residential Drainage Search
£49.50
Environmental Search
£41.95
Chancelcheck
 £17.63
                               or
Personal Search Package
£192.63 

 (inc Local, Drainage, Environmental and Chancecheck)

Please note some mortgage lenders do not allow personal searches. 

Stamp Duty Land Tax

£125,000-250,000 1%
£250,000-500,000 3%
£500,000+ 4%

Land Registry fee

£100,000-200,000 £150.00
£200,000-500,000 £220.00

For leasehold, re-mortgages, equity release, etc. please contact us for a quotation.

Please note that the figures above are for guidance only.  Individual transactions may attract additional charges.  A quotation specific to each property should therefore always be requested.

 

Newsflash

At last some good news from the Treasury concerning inheritance tax. However, despite the press headlines, the changes announced by the chancellor, Mr Darling, are more about the operation of the allowances than increasing them.
Read more...
 
© 2008 Caroline Coats, Solicitor for the Elderly
This firm is regulated by the Solicitors Regulation Authority
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