Freehold Purchase

Below is a costs breakdown and indicative total costs for purchasing a property. For an accurate quote please contact us on 02476 55 31 81 or email info@s-law.co.uk

Property Value

Professional Fees

Professional Fees + VAT (20%)

Up to £175,000

£725

£870

£175,001 – £250,000

£775

£930

£250,001 - £350,000

£875

£1050

£350,001 - £500,000

£975

£1170

£500,001 and above

£1050

£1260

Our Fees - Money we charge for our services

Professional Fee                                                       £725 - £1300

VAT (20%)                                                                 £145 - £240

Money Laundering Fee                                             £10 per purchaser

VAT (20%)                                                                 £2 per purchaser

Bank Transfer Charge                                               £30

VAT (20%)                                                                 £6

Inland Revenue SDLT Administration Charge          £50

VAT (20%)                                                                 £10

Disbursements - Money we collect on behalf of others

Property Searches*

Local Search                                                              £90 - £100

Environmental and Flooding                                      £55

Drainage and Water                                                   £45.24

Coal Search                                                               £42

Completion Searches

Bankruptcy Search                                                     £2 per purchaser

Local Search                                                              £3

Land Registration Fee**                                             £20 - £270

Stamp Duty***                                                            £0 - £unlimited

Indicative Total Costs                                              £1132.24 - £2032.24

*Not all searches are necessary for each property, depending on the properties location. Average cost of searches is £212.24, though this may rise where more specialist searches are required.

** The fee quoted may be subject to variation if registration cannot be dealt with by the Land Registry’s e-DRS scheme, for example if the property is not currently registered.

***Stamp Duty will vary for all properties based on the house price and the status of the buyer. Please use this [government calculator](https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro) for more information and an accurate quote.