Equitas Law Limited offer many years of experience with property law in the UK and have represented buyers, sellers and property developers.
For many people buying or selling their home it can be a very stressful time for all parties involved, especially when it comes to the technical legal procedures. At Equitas Law we are committed to being open and transparent with our costs and aim to provide you with precise information you need in order to understand the process and make decisions you will not later regret.
OUR TEAM
Our team is led by Zaida Patel, the Director of Equitas Law Ltd which is a leading law firm based in Leicester. Zaida has 16 years post qualification has dealt with in excess of 8,000 cases in Property and Litigation during her time. She leads a skilled team of conveyancers and assistants who work on your matters from beginning to end.
CONVEYANCING FEES PRICE LIST
Our Fixed Fees are set out below;
PRICE OF PROPERTY CONVEYANCING FEES:
PURCHASE FEES
Up to £125,000 – £650.00 + VAT = £780.00
Up to £250,000 – £700.00 + VAT = £840.00
Up to £300,000 – £750.00 + VAT = £900.00
Up to £350,000 – £800.00 + VAT = £960.00
Up to £400,000 – £850.00 + VAT = £1,020.00
Up to £500,000 – £900.00 + VAT = £1,080.00
£500,000 + – £1000.00 + VAT = £1,200.00
These are fees which are payable to the acting Solicitor. All fees are subject to VAT at a rate of 20% – additional third-party outlay fees are listed below
**Leasehold and Unregistered Properties will incur an uplift of £200.00**
SALE FEES
Up to £125,000 – £650.00 + VAT = £780.00
Up to £250,000 – £700.00 + VAT = £840.00
Up to £300,000 – £750.00 + VAT = £900.00
Up to £350,000 – £800.00 + VAT = £960.00
Up to £400,000 – £850.00 + VAT = £1,020.00
Up to £500,000 – £900.00 + VAT = £1,080.00
£500,000 + – £1000.00 + VAT = £1,200.00
These are fees which are payable to the acting Solicitor. All fees are subject to VAT at a rate of 20% – additional third-party outlay fees are listed below
**Leasehold and Unregistered Properties will incur an uplift of £200.00**
NEW BUILD FEE
Up to £300,000 – £750.00 + VAT = £900.00
£300,000 or Over – £950. + VAT = £1,140.00
RE-MORTGAGE AND TRANSFER OF EQUITY FEES
Declaration of Trust – £300.00 + VAT = £360.00
Re-Mortgage – £500.00 + VAT = £600.00
Transfer of Equity (see below)
Up to £300,000 – £500.00 excl. VAT
Up to £500,000 – £600.00 excl. VAT
£500,000 or Over – £700.00 excl. VAT
The Outlay Fees are an administrative expense to your solicitor.
The Outlay Fees are as follows:
ADDITIONAL COST
| STAMP DUTY ADMIN FEE | £90.00 excl. VAT |
| BANKRUPTCY SEARCH AND LENDER PRIORITY | £12.00 |
| OFFICIAL COPY OF REGISTER AND PLAN | £10.00 excl. VAT |
| TELEGRAPHIC TRANSFER FEE | £30.00 excl. VAT |
| SEARCHES (LOCAL, DRAINAGE AND ENVIRONMENTAL) | £250.00 excl VAT (Dependent upon Local Authority of Purchasing Property) |
| LAND REGISTRY FEE | Ranges from £20.00 to £540.00 incl. VAT |
| CHANCEL INSURANCE POLICY | £19.86 incl. VAT |
| ANTI-MONEY LAUNDERING FEE (PER PERSON) | £8.00 excl. VAT |
| HTB ISA | £50.00 excl. VAT |
| REDEMPTION OF HTB MORTGAGE ON SALE | £50.00 excl. VAT |
| HTB EQUITY MORTGAGE | £150.00 excl. VAT |
| LEASEHOLD PROPERTY | £100.00 excl. VAT |
Any additional paperwork from Land Registry £10.00 excl. VAT (per document)
*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
The typical timescales for the purchase or sale of a property could take up to anything from 8 – 12 weeks.
Our solicitors can offer assistance with property law in the following ways:
- Help you fully understand the issues involved in purchasing or selling property in England and Wales
- Assistance with buying or selling at public auction/private treaty
- Information about the costs involved (including taxes)
- Advice for your Contract for Sale
- Negotiating terms and conditions for the sale or purchase of property
- The advice in regard to sale or purchase of vacant land, units, flats, and rural land
- Advice for meeting lender requirements
- Arrange title searches and land enquiries
- Help with the legal requirements for subdivisions and property developments
- Advice in regard to building contracts
- Advice and negotiation in regard to neighborhood disputes including dividing fence disputes
- Representation in dispute resolution and at Court
Contact us to find out more or to arrange a consultation with an experienced property solicitor in Leicester.