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Selling Costs Reference
We recommend that you print this help screen as it contains important information
relevant to your sale.
Official Copies of the Land Registry
entries
We obtain from
the Land Registry a copy of the up-to-date entries which they hold in
connection with the property. These are £8.00
Other Costs
If you have a mortgage on your property we may be obliged to send the monies to redeem this
by way of telegraphic transfer on the day of completion so as to minimise your liability to
mortgage interest. Our bank makes a charge of £29.38 for this.
If there are substantial funds to come to you on sale and you wish these to be telegraphically
transferred to your own bank then a similar charge will be levied.
If you have no mortgage and are happy to receive a balance following completion by way of
cheque then this item would not be chargeable.
Leasehold Only
If you are selling a
leasehold property then the Landlord may charge
a fee for the granting of a Licence to Assign or for providing information which you will need to
produce to the buyers. We will advise you of the amount to be charged once
we know this.
Solicitor's Costs
These can
vary from firm to firm, and from region to region. We would
recommend that you contact us to obtain a
personal quotation based on your circumstances. The quotation
which you will be given is an estimate although we would only expect
them to be higher in very unusual situations. We will advise you if
such circumstances should arise and do our best to let you know what the
costs may be.
Do we
charge even when the transaction falls through?
We believe
that offering a "no sale-no fee" policy actually harms the transactions which do proceed, as we would have to raise our fees
to cover costs. We believe that the fairest way to deal with fees
when the transaction doesn't complete for any reason is to make a small charge for the work
which we have already done. This will not be more than 65% of the
original quotation, and we would hope to come to an arrangement which
you are happy with. We will also have to charge you for any
searches or other disbursements which have been incurred.
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