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)
(e) negotiating a sale and/or purchase contract
(f) negotiating a transfer document
(g) proceeding to exchange of contracts and then completion of the sale
(h) receiving the sale proceeds
(i) arranging repayment of any mortgage secured against the property which you are selling;and
(j) 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.
Where additional work is required we normally charge an additional fee based on our current hourly rate of £220 plus VAT.
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.
Residential conveyancing work is carried out by the following individuals:
Mr Yousouf Dookhun (Head of Property Department)
Mrs Frances Thompson
Mr Mohan Deb
Mrs Ceyda Alkan
Profiles for each member of our team can be found by clicking here.