Barnet Solicitors Boyes Sutton & Perry offer legal services to individuals, families and businesses

Our Prices

BOYES SUTTON & PERRY SOLICITORS PRICE INFORMATION (NOVEMBER 2018)

We are required by the Solicitors Regulation Authority to publish certain price and service information in relation to specified Probate and Property services that we undertake. To comply with this requirement we set out below our typical charges.

NON-CONTENTIOUS PROBATE FEES.

We have a range of charges for non-contentious probate work and the charges depend on the service required.

Should you just require us to prepare the papers that will lead to the Grant of Representation in the estate of a deceased person we have a set fee of £800 + VAT where a short Inland Revenue account is required, and a set fee of £1,000 + VAT where a full Inland Revenue return is required.

For the complete administration of a deceased person’s estate we charge by the hour and the charges are calculated on the time spent on the matter together with the number of letters sent and received. Time in meetings, on the telephone and preparing documents is charged at our current hourly rate of £220 + VAT. Letters out are currently charged at £22 + VAT (one tenth of the hourly rate) and letters in are currently charged at £11 + VAT (one twentieth of the hourly rate).

At the beginning of an administration we will consider all aspects of the estate and give an estimate of the likely costs for the administration. An average estate usually involves the equivalent of 15 to 20 hours work which equates to £3,300 to £4,400 + VAT.

The fees for the full administration of an estate include obtaining values of the assets and debts in the estate, preparing the papers that will lead to the Grant of Representation in the estate, applying for the Grant of Representation, calling in the assets in the estate, paying debts, tax and legacies, seeking clearance from the Inland Revenue (where required), advertising for creditors, preparing estate accounts and distributing the estate to the beneficiaries.

If a Deed of Variation, a sale of a property comprised in the estate or Income Tax returns are required in the estate there will be additional charges and a quotation for the additional charges will be given at the relevant time.

Please note that the estimate given is for an average sized estate. Estates that are smaller will require less time to administer and estates that are greater or more complex (for example estates that include trusts, lifetime gifts and foreign property) are likely to involve more time and an appropriate quotation will be given when the size and complexity of the estate is established at the outset.

Non-contentious probate work is carried out under the direction of Frances Thompson (Head of Probate Department)

RESIDENTIAL CONVEYANCING FEES

We are required by the Solicitors Regulation Authority to publish price and service information in relation to residential conveyancing work we carry out. To comply with this requirement we set out our typical charges at the end of this introductory section of our data.

No two transactions are the same and therefore in order to obtain a personalised quote for your transaction, please contact us.

Our professional charges are based on the value of the transaction.

We offer a combined discounted fee when dealing with more than one transaction at the same time.

We normally charge a supplement when dealing with shared ownership property or when dealing with a ‘new build’ property.

Same day bank transfer charges are £30 plus VAT per transfer.

Scope of work – a typical sale transaction

The work will consist of:

(a) preparing a sale contract

(b) showing good title to the property which you are selling

(c) assisting you with replies to the buyer’s enquiries

(d) liaising with your landlord/managing agent (if applicable)

(d) negotiating a sale and/or purchase contract

(e) negotiating a transfer document

(f) proceeding to exchange of contracts and then completion of the sale

(g) receiving the sale proceeds

(h) arranging repayment of any mortgage secured against the property which you are selling;and

(i) accounting to you.

Scope of work – a typical purchase transaction

The work will consist of: (a) investigating the title to the property which you are buying, to include

(i) carrying out searches with respect to title and local government information for the property

(ii) reviewing replies given by the seller to pre-contract enquiries

(b) negotiating a sale and/or purchase contract

(c) negotiating a transfer document

(d) preparing a report on title

(e) proceeding to exchange of contracts and then completion of the purchase

(f) transferring funds by telegraphic transfer to the seller’s solicitors and for relevant taxes

(g) calculating stamp duty land tax (SDLT) on the purchase and preparing and submitting to HM Revenue & Customs the appropriate SDLT forms and

(h) registering the purchase and any mortgage at the Land Registry.

Please note that the preparation of a declaration of trust (if required) to document an unequal contribution towards the purchase price would be classed as additional work.

Extra charges

Where additional work is required we normally charge an additional fee based on our current hourly rate of £220 plus VAT.

General notes

The Land Registry fees referred to above are not subject to VAT.

Please note that additional expenses are likely to be payable in the event your transaction is being made via a limited company or other corporate structure.

If it becomes apparent that there are unforeseen circumstances in connection with your transaction we may have to increase our charges, but if that is the case, we shall inform you before we incur any additional costs.

If, for any reason, we have to abort your transaction, we will usually charge for the work actually done at the hourly rate of £220 plus VAT but will not exceed the estimate provided to you, unless we have warned you in advance.

Our team

Residential conveyancing work is carried out by the following individuals:

Solicitor/Director

Mr Yousouf Dookhun (Head of Property Department)

Mrs Frances Thompson

Mr Mohan Deb

Solicitor

Mrs Ceyda Alkan

Profiles for each member of our team can be found at http://www.boyessuttonperry.co.uk/2/about-us

Purchase transaction

Value not exceeding

£200,000

£300,000

£400,000

£500,000

£600,000

£700,000

£800,000

£900,000

£1,000,000

£1,000,000 +

Sale transaction

Value not exceeding

£200,000

£300,000

£400,000

£500,000

£600,000

£700,000

£800,000

£900,000

£1,000,000

£1,000,000 +

Remortgage only (excludes bridging loans)

Value not exceeding

£500,000

£750,000

£1,000,000

£1,000,000 +

Routine expenses (disbursements) on a standard sale transaction:

 

Land Registry - office copy entries: £6 per title (no VAT) Land Registry - office copy documents: £3 per document (if required) (No VAT)

Freeholder/managing agents fees: £varies plus VAT (normally leasehold property only)

Estate agents fees: £varies plus VAT


Freehold

£775 plus VAT

£795 plus VAT

£895 plus VAT

£995 plus VAT

£1,020 plus VAT

£1,155 plus VAT

£1,260 plus VAT

£1,365 plus VAT

£1,470 plus VAT

Please contact us


Freehold

£695 plus VAT

£695 plus VAT

£750 plus VAT

£795 plus VAT

£840 plus VAT

£840 plus VAT

£945 plus VAT

£945 plus VAT

£945 plus VAT

Please contact us



Freehold

£375 plus VAT

£425 plus VAT

£475 plus VAT

Please contact us

Routine expenses (disbursements) on a standard purchase or remortgage transaction:

Local and ancillary searches: (WEBSITE STILL IN DEVELOPMENT) Stamp duty land tax: £varies (normally purchase only) (no VAT) Land Registry (registration fees): Dealing of whole of existing title: £0-£80,000: £80,001-£100,000: £100,001-£200,000: £200,001-£500,000: £500,001-£1m: £1m plus: Transfer of part*/registration of new lease*: £0-£80,000: *normally new-build only £80,001-£100,000: £100,001-£200,000: £200,001-£500,000: £500,001-£1m: £1m plus: Mortgage only of existing registered title: £0-£100,000: £100,001-£200,000: £200,001-£500,000: £500,001-£1m: £1m plus:


Leasehold/Share of Freehold

£825 plus VAT

£845 plus VAT

£945 plus VAT

£1,045 plus VAT

£1,070 plus VAT

£1,205 plus VAT

£1,310 plus VAT

£1,405 plus VAT

£1,520 plus VAT

Please contact us


Leasehold/Share of Freehold

£730 plus VAT

£760 plus VAT

£850 plus VAT

£850 plus VAT

£970 plus VAT

£970 plus VAT

£1,080 plus VAT

£1,080 plus VAT

£1,080 plus VAT

Please contact us



Leasehold/Share of Freehold

£425 plus VAT

£475 plus VAT

£525 plus VAT

Please contact us

(WEBSITE STILL IN DEVELOPMENT) £300-500 inc VAT (varies by local authority)

Commercial

We offer a cost effective alternative to the City without compromising on quality of service.

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Family

We handle a wide variety of family law matters ranging from financial disputes to relationship breakdowns.

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Property

Our property team has many years of experience between them to help ease the stress of moving.

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Disputes

Disputes can occur in our private, professional and business lives.

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Wills & Trusts

We offer a range of legal services to help you prepare for old age, death & poor health.

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