Moving home is the largest and most important financial transaction that most people will undertake in their lives, and you will want your own experts by your side who understand that one size does not fit all when it comes to your specific housing arrangements. We will be there to guide you every step of the way and advise you on the legalities of areas such as
Taylor Brown Solicitors Limited strive to take the legal stress out of your transaction. We understand how important your home is to you and offer a personal legal service, if you would prefer to speak to someone please call 0151 378 2887.
The fees involved in any transaction are important and we review our fees on a regular basis, considering clients’ feedback. We typically work on a fixed fee basis, so that from the outset you know what the fees will be for your transaction. If there is a new development during the transaction, we will discuss the change in fees with you and agree a way forward. Some of the examples of this are set out in the ‘Additional Fees’.
The estimate of our fees to cover all the work required to complete the sale or purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property is in Wales is set out below.
|Property Sale/Purchase Price||Legal Fees|
|£0 – £200,000||£645 – £745 plus VAT|
|£200,001 – £500,000||£745 – £945 plus VAT|
|£501,000 – £750,000||£945 – £1145 plus VAT|
|£750,001 plus||Available on request|
|Electronic money transfer fee||£30 + VAT|
|Completion of Land Tax Return||£75 + VAT|
|Leasehold||£250 + VAT|
|Unregistered Title||£250 + VAT|
|Help to Buy Isa||£50 + VAT per person|
|Help to Buy Scheme||£595 + VAT|
|Transfer of Equity||£250 + VAT|
|Remortgage||£395 + VAT|
|New Build||£250 + VAT|
|Solar Panels||£125 + VAT|
|Septic Tank||£250 + VAT|
|Unregistered||£250 + VAT|
|Electronic ID Checks||£8 + VAT per person|
|SDLT Charge||£75 + VAT|
NB: New build with Help to Buy Loan = £645 + £595 + VAT
New build only = e.g.£645 + £250 + VAT dependent on house price
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 to ensure a smoother process. These fees may be subject to change if further information relating to your property becomes available.
|Bankruptcy search (per name)||£2.00|
|Search fees (inclusive of VAT)||£197.10|
|Land Registry Priority Search||£3.00|
|HM Land Registry fee. This depends on the purchase price of your property and is typically between £20 – £135.|
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website or if the property is located in Wales by using the Welsh Revenue Authority’s website here.
For any transaction, the timescales are subject to change depending on when your offer is accepted, and factors such as:
A typical transaction will take between 6 to 8 weeks, however if any of the above apply or there are other factors we need to take into consideration, we will discuss this with you.
With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:
We do not undertake tax advice.
Making the wrong decision about your business property at the beginning can be a costly exercise to correct and you could find that expanding your business becomes unnecessarily difficult at best or at worst unachievable. Your new commercial premises will be a crucial part of your success, so it’s essential you find the right business base with the right kind of terms that will protect and support the growth of your company, here’s how we can help.
Taylor Brown Solicitors are experts in providing clear straightforward business legal advice on property purchases, sales and leasehold agreements that you can rely on.
Talking through your options with an experienced solicitor can save you much heartache and offer a priceless amount of peace of mind, so you can concentrate on what you do best – running your business!
Should you choose a licence or a lease? The answer rather depends, and this is where Taylor Brown Solicitors can help you understand the important differences so that you can make a decision on what suits your specific business needs better. Aspects to be clear about include the stipulation of regular periodic payments and a specific end-date to the agreement; there are benefits and obligations to both. Knowing what these are beforehand is important so that your rights are protected, and your business is not affected.
Our experts will advise you on setting up the right agreement or renewal based on your requirements or work with you to amend a current licence or lease. They will draft the agreement and explain the terms, obligations and liabilities without legal jargon.
Before agreeing or signing your agreement, contact us on 0151 378 2887. Make certain your business is properly looked after.
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