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Conveyancing Pricing

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Conveyancing Fees

Our legal fees of conveyancing are detailed below. To obtain a full quote including legal fees and disbursements:

Freehold Sales and Purchases

£000,000 – £400,000£   995.00 PLUS VAT
£400,001 – £500,000£1,095.00 PLUS VAT
£500,001 – £600,000£1,195.00 PLUS VAT
£600,001 – £700,000£1,295.00 PLUS VAT
£700,001 – £800,000£1,395.00 PLUS VAT
£800,001 – £900,000£1,495.00 PLUS VAT
£900,001 – £1,000,000£1,595.00 PLUS VAT
1M ABOVEBESPOKE

Leasehold Sales and Purchases

£000,000 – £400,000£1,095.00 PLUS VAT
£400,001 – £500,000£1,195.00 PLUS VAT
£500,001 – £600,000£1,250.00 PLUS VAT
£600,001 – £700,000£1,500.00 PLUS VAT
£700,001 – £800,000£1,800.00 PLUS VAT
£800,001 – £1MILL£2,000.00 PLUS VAT
1M ABOVEBESPOKE
Plus: Leasehold Charge
(Sale & Purchase)		£250.00 PLUS VAT

Additional Legal Fees

ID Verification Fee£     30.00 PLUS VAT
Acting for Lender Fee£   150.00 PLUS VAT
Gifted Deposit Fee (Per Gift)£   50.00 PLUS VAT
LISA Fee (Per Gift)£   50.00 PLUS VAT
Indemnity Policy Admin Fee£     30.00 PLUS VAT
Trust Deed£   200.00 PLUS VAT
Loan (Redemption) Sale£   150.00 PLUS VAT

Disbursements

In addition to our charges, certain costs will be payable to third parties, which are called ‘disbursements’.  

We handle the payment of the disbursements on your behalf to ensure a smoother process.  These include Land Registry and Search Fees.

Conveyancing: Sale and Purchase – What is Included 

The following services are included in Franklins Law’s fees as part of the Sale process 

  • Obtaining copy title documents from the Land Registry 
  • Drafting legal documents such as the contract for sale and, in some instances, the transfer deed 
  • Corresponding with your buyer’s solicitors or licensed conveyancers 
  • Dealing with and responding to any additional enquiries raised by the Buyers Solicitors where appropriate under the Conveyancing Quality Scheme (CQS) 
  • Requesting anyinformation that a buyer reasonably requires from a seller such as planning and building control documents. 
  • Where appropriate, requesting information from any Management Company(in the case of flats) or the estate where there is an estate management company 
  • Exchanging contracts with your buyer’s solicitors and dealing with exchange correspondence
  • Administering the completion process including the redemption of mortgages on the property 
  • Verifying your identity as part of the sale 

Purchase

The following services are included in FMT’s fees as part of the purchase process 

  • Corresponding with the seller’s solicitors 
  • Obtaining searches and reporting on them
  • Carrying out due diligence on the title, contract papers and raising enquiries with the Sellers
  • Acting on behalf of your mortgage lender in carrying out due diligence where the lender permits 
  • Carrying out source of funds information checks 
  • Verifying the identity of your seller’s solicitors 
  • Exchanging contracts with your seller’s solicitors 
  • Dealing with the completion process including obtaining mortgage advances 
  • Registering the transfer of ownership of the property with the Land Registry 
  • Verifying your identity

Other – (Mortgages / Remortgages and Leaseholds)

Leasehold Sales – same as a normal sale except we have to deal with Management Companies and Landlord Agents and obtain up to date statements prior to completion so apportionment’s can be made.

On a Leasehold Purchase, checking the Lease to make sure it is Lender compliant and if necessary requesting a Deed of Variation.

Remortgages – requesting a redemption statement for any existing mortgage, checking the title, putting in place search indemnities, reporting on the new mortgage offer, then setting a completion date.

Timescales for Leaseholds will be longer than Freeholds as we will be dealing with third parties.

Timescales for Remortgages will be shorter as we don’t instruct searches.

The length of time taken for a transaction will differ according to its complexity but as a guide the national average for a Freehold transaction is 12-16  weeks, a Leasehold transaction 16-24 weeks and a Remortgage probably 4-6 weeks.