Terms and Conditions

We Are Here To Help You

General Conditions for Our Quotes

All our quotes are based upon standard residential transactions by individuals and companies (although company transactions with finance may invariably incur further charges as noted below). They exclude therefore properties that will be sold with a tenant in situ, shared ownership and commercial properties.

If the purchase involves mortgage funding our quote is based upon us acting for the bank in accordance with UK Finance / CML Lenders Handbook / BSA instructions. If your lender has outside solicitors acting a further charge may apply depending on their requirements.

If the matter becomes abortive part way through the transaction we will charge proportionately and fairly based on the time spent/stage the matter has reached.

Whilst we accept the majority of instructions we always reserve the right to refuse instructions at our discretion. All other offers, discounts or special terms are excluded from our on line quotes.


No Hidden Extras

Unlike some conveyancers our quote includes all the following costs and expenses:

  • Included emails, postage, letters in or out, faxing, scanning, photocopying or text updates.
  • Included indemnity insurance contributions. We have cover for £10,000,000 (£8,000,000 above the minimum cover provided by most solicitors)
  • Included storage costs of your file or deeds for free following completion
  • Included discharge of your first mortgage on your sale
  • Included expedition fee – we do not charge if a short period (less than two weeks) is required between exchange and completion.

Information on our Quotes

Our quotes includes  :

  • Electronic bank transfer fees – these are charged at £30.00 plus VAT each and they will be required for the discharge of each mortgage on the property if you are selling and one transfer will be required on completion of the purchase. This charge covers both our time spent setting up and effecting the transfer and any bank charges.
  • Stamp Duty Land Tax – The rates quoted are current however they can change annually with the Budget.
  • Search Fees – the fee quoted is an estimate of the local, drainage and environmental search in your area. If you put in a postcode in the search system this will produce a more accurate quote for you.  The actual cost may vary up or down as providers of searches do change their pricing from time to time.

Unknown Costs and Limitations

Naturally some limitations apply to our fixed fee service and some transactions may attract additional fees, disbursements or third party charges and the main examples of these are given below. We can assure you that where third party charges are made we will pass the cost on as charged without any mark-up.

We do not impose additional fees or charges without your consent. If we believe that a matter falls outside the scope of our initial instructions (for example if upon receipt of draft documents we discover the matter is not standard) we will inform you of the difficulty and any additional charge. If this cannot be agreed with you we will stop acting.

Extra items charged by us

Items to budget for not included in our quote

  • Second Mortgages – If we are required to act in relation to a second mortgage on your purchase or to discharge additional loans or mortgages on a sale (the discharge of your first mortgage is included in our charge) there is a minimum fee of £100 plus VAT per additional mortgage. Similar charges will apply to the removal of cautions and or restrictions.
  • Trust Deeds – if you require a trust deed to be drawn up because for example you wish to hold the property in unequal shares, the costs for this starts at £195 plus VAT but this includes storage of the original documents.
  • Acting for Companies – Companies automatically pay the additional 3% charge for stamp duty on residential property. If the purchase involves a company with finance/mortgage then a charge of £19.80 will be made for registering the mortgage at Companies House and we need to do a pre-completion insolvency search of £15.00. Quite often buy to let company purchases with finance will involve personal guarantees, where we are asked to advise on those guarantees a further minimum charge of £250 plus VAT will apply.

Money - What to pay and when?

How much and when do we require payment

You will normally pay the legal costs and the rest of the payments when your purchase/sale is completed.

When you instruct us on a purchase, we will collect a small payment of around £300 to cover immediate costs such as searches.

When you instruct us on a sale we will not usually require any payment on account unless you are selling a leasehold property where we need to obtain the “leasehold information pack”

All payments on account will be deducted from your total bill.

We will also send you statements as the matter progresses so you can keep track of the financial side.

Extra items charged by 3rd parties

Other potential disbursements to budget for

  • Additional title documents from Land Registry – if we need to obtain additional documents from the Land Registry they will charge according to their current scale fee – the fee per extra document /title is £3.
  • Missing Planning or Building Regulations Documents– if you do not have all the planning or building regulations history for your property we may need to obtain copies from the local authority for which they make a copying charge. This is normally only £10-20.
  • Leasehold Property – If you are purchasing or selling a leasehold property you may have to pay in addition to the above various administration charges to the Landlord or Managing Agents for the production of the “leasehold information pack” detailing the service & management charges, ground rent and the structure and requirements of the landlord/management company regarding the sale of the property. There is no way that we can exactly determine or control this charge (budget for £100-300).
  • New Build – If you are purchasing your property from a builder you may also have to pay a contribution to their solicitor’s costs for supplying the documentation. This normally in the region of £100-200 plus VAT.
  • Additional Searches – On rare occasions (if the property is in a rural location or the geography of the area dictates) other specific searches may be required – for example coal or tin mining, clay ball searches.

Conveyancing Quote Get an Instant Quote now.


Get In Touch We can start work on your matter today

You can complete the Instruct Us button on your quote and completed your contact details or call 01708 757575  and speak with Mark Sadler or email mbs@ker.co.uk and we will do the rest.


You can immediately let your estate agent and mortgage company know we are acting for you.

Any questions please ask.

Buying

Buying your first home or moving on we can assist with all aspects of your purchase including freehold and leasehold property.

Selling

Selling your house, flat or bungalow we can assist  with all types of sales. We deal with the conveyancing aspects of your sale.

Remortgaging

Remortgaging your home or a buy to let or second property we can assist. We are on the panel of all major lenders.

Transfer of Equity

Let us guide you through the process including understanding the Stamp Duty Land Tax consequences of the transfer, whether subject to a mortgage, for a payment or an outright gift.