It is our policy to always provide our clients with a fixed fee quote for this firm’s fees in connection with a transaction at the outset of any transaction. Please note that we specialize in York and its surrounding areas. Should you be interested in our services then please contact us with details of the property involved and we will let you know if we can assist and if so provide a quote.

The quote will be based on the transaction not having any unusual aspects to it entailing work which would not usually have to be carried out in a typical transaction. For example, unusual aspects could involve the need to negotiate and obtain a specific Deed for Access or Services in the event that a property lacked sufficient rights in its title documents, or if an application had to be made to the land registry for registration of land through adverse possession, if no title documents were available. If the transaction did develop any unusual aspects of this sort, then we would advise you as soon as possible after they come to light and agree with you a further figure to be paid, based on the time required to be spent on the additional work. Our hourly rates are Chris Sayer £200 plus VAT at 20% (£40) and Sandra Sayer £150 plus VAT at 20% (£30) In the event that the transaction does not go through to completion due to your own decision to withdraw then our fees will be payable by you. The amount of such fees will depend on the amount of work we have carried out for you and may be a small amount or the whole amount.

We are always happy to provide individual quotations of our charges for particular transactions – please contact us and we will send you a written quote with fees and disbursements breakdown, tailored to your own requirements.

As an example our typical charges for average transactions which do not present unusual difficulties at a value of £300,000 are as follows:

• Sale of a freehold property - £655 + VAT £131
• Sale of a leasehold property - £1,034 + VAT £206.80
• Purchase of a freehold property - £655 + VAT £131
• Purchase of a leasehold property - £1,034 + VAT £206.80
• Purchase of a new build freehold property - £1,305 + VAT £261
• Purchase of a new build leasehold property - £1684 + VAT £336.80
• Remortgage of a freehold property - £655 + VAT £131
• Remortgage of a leasehold property - £1,034 + VAT £206.80

Where funds are paid out by Clearing House Automated Payment System (CHAPS) (which is usually the case on a purchase or remortgage), there is an additional charge of £30 + VAT £6 for each CHAPS payment made and where funds are received by us by CHAPS payment there is a charge of £5 plus £1 VAT for each incoming payment received.

Where there is a mortgage to register on a purchase, or to redeem on a sale, we make an additional charge of £160 plus VAT £32

Where there is a Help to Buy or lifetime ISA we make an additional charge of £50 plus VAT £10 per ISA.

Disbursements

Disbursements are expenses which we have to pay to others to enable your transaction to proceed. The actual disbursements payable will depend upon the property. Typical disbursements on a purchase or remortgage at a value of £300,000 may include:

• Local Authority Search fee - £60 - £340 + VAT (the price of an official local authority search is determined by the relevant local authority)
• Environmental Search fee - £80 + VAT £16
• Chancel Liability insurance - £15.79
• Drainage Search fee - £54 + VAT £10.80
• Land Registry Search fee - £3
• Land Charges Bankruptcy Search fee - £2 per name
• Land Registry fee - £150
• Mining Search - £51.41 + VAT £10.28
• Freeholder's Notice fee - £50 - 550 + VAT, payable when you purchase a leasehold property
• Stamp Duty Land Tax – this depends on the purchase price of your property and your particular circumstances but HMRC have a useful calculator (https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intro). Should you instruct us we will provide an estimate based on your personal circumstances.

On a sale of a property, the only disbursements are usually:

• Land Registry fee - £6
• Freeholder Agent’s fee – £150 - £500 + VAT, payable only on the sale of a leasehold property