Conveyancing Costs
Morris and Bates are the largest firm in Aberystwyth and one of the largest firms in Mid Wales. Unlike many smaller firms we are on the panel of the vast majority of mortgage lenders including all high street banks and building societies which allows us to act for both purchaser and mortgage lender saving time and cost for our clients.
We are both LEXCEL and CQS accredited. Lexcel is the Law Society’s legal practice quality mark for Practice Management and Client Care. CQS – the Conveyancing Quality Scheme run by the Law Society to provide a recognised quality standard for residential conveyancing practices.
Our solicitors offer a friendly and efficient service and are able to handle your transaction in Welsh or English.
We offer a fixed fee for this type of service which is based on the value of the property in question. The prices below cover the Legal Fees for the complete service which includes:
Taking your initial instructions, undertaking due diligence exercises on the property, carrying out searches and raising enquiries, managing and exchanging contracts on your behalf, ensuring funds are transferred properly for completing the transfer of property, and registering the property in your name.
The below prices do not include VAT or disbursements.
SALES
From £700
- Prices as follows:
- £0 to £50,000 - £700
- £50,001 to £100,000 - £750
- £100,001 to £150,000 - £850
- £150,001 to £200,000 - £950
- £200,001 to £250,000 - £1,050
- £250,001 to £300,000 - £1,150
- £300,001 to £350,000 - £1,250
- £350,001 to £400,000 - £1,350
- £400,001 to £450,000 - £1,450
- £450,001 to £500,000 - £1,550
- £500,001 to £650,000 - £1,650
- £650,001 to £800,000 - £1,800
- £800,001 to £1,000,000 - £2,000
- £1,000,001 to £1.5m - £2,500 plus VAT
- Above £1.5m please Contact Us
- Making a Sale and a Purchase?
- We charge 95% of the cost as above for a Sale and Purchase transaction
- Includes:
- Legal Fees
- Timescale:
- A typical property sale will take between 6 and 8 weeks, though that can vary depending on the circumstances of the parties involved
- Payment on Completion
PURCHASES
From £700
- £0 to £50,000 - £700
- £50,001 to £100,000 - £750
- £100,001 to £150,000 - £850
- £150,001 to £200,000 - £950
- £200,001 to £250,000 - £1,050
- £250,001 to £300,000 - £1,150
- £300,001 to £350,000 - £1,250
- £350,001 to £400,000 - £1,350
- £400,001 to £450,000 - £1,450
- £450,001 to £500,000 - £1,550
- £500,001 to £650,000 - £1,650
- £650,001 to £800,000 - £1,800
- £800,001 to 1,000,000 – £2,000
- £1,000,001 to £1.5m - £2,500 plus VAT
- Above £1.5m please Contact Us
- Making a Sale and a Purchase?
- We charge 95% of the cost as above for a Sale and Purchase transaction
- Includes:
- Legal Fees
- Preparation and Submission of tax returns
- Preparation and Submission of Land Registry application
- Timescale:
- A typical property purchase will take between 6 and 8 weeks, though that can vary depending on the circumstances of the parties involved
- Deposit required:
- We require £300 on account in respect of search fees
- Payment on Completion
REMORTGAGES
From £450
- Price applies to all property value bands
- Includes:
- Registration at the Land Registry (does not include Land Registry fee)
- Timescale:
- A Remortgage is likely to take 4 weeks
- Deposit required:
- £350 is required on account in respect of searches
- Payment on Completion
Get your Quote
To get a no obligation, exact quote contact us on the number below:
Call: (01970) 625566 or Contact Us
There may be additional tax due on this matter which would be separate to the estimated cost. Please visit the below links for more information:
WRA Land Transaction Tax Calculator (Properties in Wales)
HMRC Stamp Duty Tax Calculator (Properties in England)
It is often difficult to estimate exactly what costs will be incurred as the amount and complexity of work required may be uncertain. VAT at the prevailing rate will be added together with disbursements such as search fees, stamp duty land tax etc. This is the best information about the likely overall costs of the matter that we can provide at the moment. As the matter progresses and the amount and complexity of the work becomes clearer, we will update the information on overall cost.
Disbursements are costs related to third party services which we pay on your behalf. We have not included the following disbursements which are priced based on the cost these services are charged to us:
Telegraphic transfer fee (£20+VAT)
ID Checks
Land Registration Fees
Plan & Deeds Application Fee
Land Searches (checks on the land and surrounding area)
Water and drainage search
Environmental search
Bankruptcy Searches
Indemnity Insurance on Searches
There may be additional fees based on the nature of your sale or purchase. The most common ones to arise are listed below along with their additional fee. These prices do not include VAT:
Dealing with a Mortgage: £200
Dealing with a Leasehold property: £250
Dealing with a Help to Buy purchase: £250
Dealing with a New Build Property: £300
