Residential Property Fees

Pricing Information for Residential Conveyancing

Costs start at £800 + VAT and increase according to the property value. This is based on our fixed price packages. Please see more detail of pricing and disbursements below. VAT is calculated at the rate applicable at the time the work is carried out, this is currently 20%.  Pricing information is correct as of February 2024 and will be reviewed and updated every six months.

There are a range of factors that may or may not be relevant to your transaction which will increase the cost such as, but not limited to:

• New Build properties: additional £250 + VAT
• Help to Buy (ISA) properties: additional £50 + VAT
• Help to Buy (Equity) properties: additional £400 + VAT
• Tenanted properties: additional £200 + VAT
• Shared ownership: additional £450 + VAT
• Unregistered property: additional £200 + VAT
• Leasehold property: additional £200 plus VAT (Plus £100 if a retention is agreed)
• Bank transfer: additional £30 + VAT

Other costs

• Remortgage: £550 + VAT (freehold) and £750 + VAT (leasehold)
• Transfer of Equity: from £350 + VAT depending on circumstances
• Trust Deed: from £280 plus VAT

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf and charge you the actual cost incurred plus any VAT due.  Some common disbursements are listed below:

• Searches:
  If you’re buying a property, it will generally be necessary to conduct searches which are usually around £375. 
• ID checks:
  We carry out electronic identification checks on all clients which cost £6 per client. 
• Management Pack/Landlord’s Information Pack:
  We will need to obtain this if you are selling a leasehold property and the cost is usually between £200 and £300 plus VAT.
• Notice of Transfer/Charge and Deed of Covenant fees:
  If you are buying a leasehold property, you will usually need to pay additional fees to the Landlord which vary with each transaction.
• Stamp Duty Land Tax:
  This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website.
• Land Registry fees:
  Land registry fees will be applicable to most transactions and the cost varies with each transaction. More information can be found here.

What is involved in the conveyancing procedure?

The length of time it takes for a conveyancing transaction to complete varies, but a usual timescale is around 8-12 weeks.

There are various steps involved in conveyancing, including:

• Reviewing contracts of sale, lease agreements etc. and negotiating any required amendments.
• Investigating the title to the property to ensure the seller/leaseholder legally own the property.
• Carrying out checks and searches for any issues that might affect the property and your occupation of it e.g. planned developments nearby.
• Handling exchange of contracts, making the deal legally binding.
• Handling transfer of funds.
• Ensuring Stamp Duty and any other relevant costs are paid.
• Registering the transaction with HM Land Registry.

Our Team

Katie Mantin

Senior Partner

Katie is the founder of Mantins and manages all areas of the business including heading up the Property and Private Client departments. She is a highly experienced solicitor and acts for a broad range of clients including corporate investors and lenders, as well as private individuals and trusts.

In addition to her work as a solicitor, Katie is a Notary Public, appointed by the Archbishop of Canterbury, which position enables her to authenticate documents for use in other countries worldwide.

On every instruction, the interests of Katie’s clients are paramount and she is happy to take decisive and immediate action in order to achieve their aims.

Katherine Hopkins

Partner

Katherine studied law at Leicester University graduating with an LLB (Hons) and thereafter obtained a distinction in the Legal Practice Course. She became a partner in the firm in 2015.

A highly experienced solicitor, Katherine specialises in residential property and private client matters and is a full member of the Society of Trust and Estate Practitioners (STEP).