Purchase – service information

Disbursements are costs related to your matter that are payable to third-parties, such as: Purchase of Freehold Property

• Stamp duty can be calculated at- https://www.gov.uk/stamp-duty-land-tax

• Search fees (Local Authority, Drainage and water, Coal Mining and Environmental searches)
£200

• Search packs will be put together based on recommended searches for the area

•Land Registry registration – charged according to Land Registry Fee Scale
https://www.gov.uk/guidance/hm-land-registry-registration-services-fees

• Management company/Freeholder Fees charged at cost

Other Disbursements purchase

• Additional Search Prices for a purchase (if not having the standard pack)
• Coal £51.19 inc VAT
• Drainage £62.40 inc VAT
• Enviro (Groundsure Homebuyers) £58.80 inc VAT
• Local £106.20 inc VAT
• Energy and info structure £30.00 inc VAT
• Chancel Report £24.00 inc VAT
• Chancel Indemnity Insurance (up to £500k) £15.78 inc VAT
• Tin mining (TerraFirma Ground Report, this covers all types of mining in all areas across the UK) £60.00 inc VAT
• Cornwall Tin Mining Report up to 1 Acre £72.00 inc VAT. This is only applicable when searching in Cornwall.
How long will my house purchase take?

The length of time it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average set out at https://www.gov.uk/buy-sell-your-home is 2-3 months if there is no chain.

Purchase – service information

Disbursements are costs related to your matter that are payable to third-parties, such as: Purchase of Freehold Property

• Stamp duty can be calculated at- https://www.gov.uk/stamp-duty-land-tax

• Search fees (Local Authority, Drainage and water, Coal Mining and Environmental searches)
£200

• Search packs will be put together based on recommended searches for the area

•Land Registry registration – charged according to Land Registry Fee Scale
https://www.gov.uk/guidance/hm-land-registry-registration-services-fees

• Management company/Freeholder Fees charged at cost

Other Disbursements purchase

• Additional Search Prices for a purchase (if not having the standard pack)
• Coal £51.19 inc VAT
• Drainage £62.40 inc VAT
• Enviro (Groundsure Homebuyers) £58.80 inc VAT
• Local £106.20 inc VAT
• Energy and info structure £30.00 inc VAT
• Chancel Report £24.00 inc VAT
• Chancel Indemnity Insurance (up to £500k) £15.78 inc VAT
• Tin mining (TerraFirma Ground Report, this covers all types of mining in all areas across the UK) £60.00 inc VAT
• Cornwall Tin Mining Report up to 1 Acre £72.00 inc VAT. This is only applicable when searching in Cornwall.
How long will my house purchase take?

The length of time it will take from your offer being accepted until you can move into your house will depend on a number of factors. The average set out at https://www.gov.uk/buy-sell-your-home is 2-3 months if there is no chain.

Stages of the process

The key stages of the process in a purchase include:

Instructions – Week 1-2
• Receive instructions and give initial advice.

• Client care package is sent out explaining costs, terms of business (including complaints procedure) with any forms for completion & returned to Conveyancer

• Identity checks and proof of funds are obtained.

• Estate agents sales memos are issued

• Instructions confirmed with Sellers Conveyancer Title Checks and Enquiries Week 2-4

• Draft Contract and associated documents received from Sellers Conveyancer

• Enquiries raised with Sellers Conveyancer

• Report to purchaser on the property

• Carry out searches

• Obtain Mortgage offer/survey and valuation

• Mortgage report to clients

• Report to Buyer on searches

• Documents sent to you for signature when enquires replied to from sellers conveyancer

• Refer any matters to the lender if necessary Exchange Week 5-6
• Agree completion date (date from which you own the property);

• Buyer pays deposit

• Exchange contracts and notify you that this has happened

• Confirm Exchange with lender and request mortgage monies

• Completion statement prepared & buyer pays balance funds prior to completion Completion week 6 onwards
• Mortgage monies received

• Buyers funds received

• Complete purchase

• Keys are handed over to the Buyer

• Pay Stamp Duty if applicable Post Completion Week 7 onwards
Apply for registration at Land Registry Send completed registration to Buyers.