Sale of Residential Property
Our fees cover all of the work normally required to complete the sale of land or property in England. Our standard rates are as follows:
Up to £400,000 Legal fees £895.00 plus vat
Over £400,0000 legal fees at 0.25% plus vat.
Up to £300,000 legal fees £895.00 plus vat
Over £300,0000 legal fees at 0.3% plus vat.
The figures quoted above apply where your work is handled by one of our senior solicitors. However, where the matter is being dealt with by one of our partners or consultants, costs will be provided on application as the hourly rate will be higher.
Disbursements are costs related to your matter that are payable to third parties, e.g the Land Registry. We handle the payment of these disbursements on your behalf to ensure a smoother process.
With leasehold properties there will usually be a Management Pack which we will need to paid for. Costs vary but would be between £250 and £600.
Purchase of freehold property
Up to £400,000 legal fees £885.00 plus vat
Over £400,0000 legal fees at 0.25% plus vat
Up to £300,000 legal fees £885 plus vat
Over £300,0000 legal fees at 0.3% plus vat
Applying for the grant, collecting and distributing the assets
The exact cost will depend on the individual circumstances of the matter.
We will handle the full process for you. This includes
Provide you with senior solicitor
Draft a legal oath for you to swear
Identify the legally appointed executors or administrators and beneficiaries
Identify the type of Probate application you will require
Complete the Probate Application and the relevant HMRC forms
Issue the application to the Probate Court on your behalf
Obtain the Probate and securely send two copies to you
Collect and distribute all assets in the estate
[There must be a valid will, there is no more than one property, there are no more than 3 bank or building society accounts, there are no other intangible assets other than 3 bank accounts and cash].
Disbursements are costs related to your matter that are payable to third parties, such as court or search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.
Anticipated Disbursements not included in the fee
Probate application fee of £155.00
£7.00 Swearing of the oath (per executor)
Bankruptcy Land Charges Department searches (£2.00 per beneficiary)
£250.00 Post in The London Gazette in a Local Newspaper – Protects against unexpected claims from unknown creditors. (this is an estimate as it may vary by location )
Potential additional costs
If there is no will or the estate consists of any share holdings there is likely to be additional costs that could range significantly on the estate and how it is to be dealt with. We can give you a more accurate quote once we have more information
Dealing with the sale or transfer of any property in the estate is not included.
The hourly rate in £275.00 plus vat per hour.
Generally it is very difficult to estimate the amount of time required to complete the administration as it is not always clear at the outset whether complicated issues will arise.
We charge an additional value element to reflect the complexity of the matter, the expertise and responsibility involved in dealing with the administration and the value of the estate.
Where we are acting for you as the Executor, we charge 0.5% of the gross value of the deceased’s residence and 1% of the gross value of the remainder of the estate.
At your first consultation we will we calculate our charges where possible and give you a detailed breakdown of estimated costs. In litigation matters you may be able to recover your costs from the opposing party if you win your case, however this does not apply to every matter and professional advise will be given in respect to this.
Our hourly rates are listed below:
Senior solicitors £275 plus vat per hour
Junior Solicitors £225 plus vat per hour
Paralegals £175 plus vat per hour
At your first consultation we will we calculate our charges where possible and give you a detailed breakdown of estimated costs, based on the value of the estate.
Our fees for drafting your will commence from £125 plus vat
Private Funding of Family cases
In all the privately funded cases, we aim to offer fair and reasonable prices. If you are consulting us about Court proceedings, we can offer you fixed fee packages and can discuss these with you.
We keep things as transparent as possible so that there are no hidden extras. Please note that it is not possible for us to discount court fees or other disbursements. We regularly use barristers chambers and have good relationship with counsel,therefore, we aim to provide you competitive rates should you require counsel to represent you at court.
We undertake work funded by the Legal Aid Agency (LAA). Public funding (formerly known as legal aid) is a system of government funding, administered by the LAA, for those who cannot afford to pay for legal advice and representation. Legal aid for family matters is restricted to victims of domestic violence in the first instance. Based on your income or assets we can carry out an initial assessment to establish whether you will qualify for legal aid.
Legal Aid is available for the following matters:-
Public law children proceedings involving care and supervision.
Private law family applications for injunctions and other orders to prevent domestic violence and forced marriage and linked proceedings.
Emergency orders to prevent the unlawful removal of a child from the UK (there is no legal aid to oppose such orders)
Representation of children in private law proceedings.