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Chris Sayer shall carry out most of the work in this matter personally, working with Sandra Sayer who is and will be familiar with the file. Chris is a law graduate from Oxford University, after which he qualified as a solicitor and practised commercial law in London for 10 years. Following that Chris was a UK partner for a leading Dublin based law firm, dealing with major property and business transactions over a period of 5 years. Sandra is a Fellow of the Chartered Institute of Legal Executives. Sandra spent 10 years in residential conveyancing in London following which she joined a niche commercial practice specializing in Landlord and Tenant work, portfolio acquisitions and sale and leaseback transactions for large family concerns. For the past 15 years Chris and Sandra have run their own practice in York specialising in residential property transactions
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:
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 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:
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
We will normally ask you to pay certain sums in advance of us carrying out work and incurring expenses on your behalf. From time to time we will ask for further sums in advance during the course of the matter. We will offset such payments made in advance against the invoices we will send to you from time-to-time and the final invoice. However, you should be aware that the total charges and expenses are likely to exceed the advance payments you have made to us.
We reserve the right to clear any cheques or other forms of payment you provide to us before carrying out any work on any aspect of your case
What to do if you are unhappy with our behaviour:
The Solicitors Regulation Authority can help if you are concerned about our behaviour. This could be for things like dishonesty, taking or losing your money or treating you unfairly because of your age, a disability or other characteristic.
Visit their website to see how you can raise your concerns with the Solicitors Regulation Authority - www.sra.org.uk
If you provide us with further instructions concerning other non-contentious matters, these general terms and conditions will apply, unless we agree otherwise.
This agreement shall be governed by and construed in accordance with the law of England and Wales and each party agrees to submit to the exclusive jurisdiction of the courts of England and Wales.
Chris Sayer Solicitors LLP (the firm) have a policy of paying an amount in lieu of interest ("interest") to clients where the firm holds money in a general client account on their behalf in the course of providing legal services.
The rate of interest the firm pays on such funds fluctuates depending upon the rate of interest that the firm can secure from its principal bankers from time to time.
The firm does not pay the full rate of interest which it earns on general client funds to clients be-cause this is an enhanced rate that the firm can secure from holding large levels of client funds in aggregate.
The calculation of interest due to a client on a matter accrues three days after client funds have been received into the general client bank account of the firm and is calculated on a daily com-pounded basis.
In the event that the calculated total interest accruing to a client for the duration of a matter is less than £40 then no interest will be paid to the client on the basis that it is a de-minimis amount. The firm takes the view that any amount below £40 is reasonably retained by the firm to cover the administrative cost dealing with client funds.
The firm has an active policy of considering the potential exposure of client funds to commercial risks and regularly reviews the choice of banking institutions where the firm holds client funds.
The firm is not in this capacity acting as financial advisers and whilst the firm will take reasonable steps to protect client funds such actions will only ever be based on information available in the public domain.
Clients should note that the protections from the Financial Services Compensation Scheme do not provide individual clients with any significant degree of protection in the same way that might ex-ist if the client held the funds personally.
Clients have the right to seek alternative arrangements to hold their funds privately during the course of a transaction.
Clients may also request that their client funds are held by the firm in a separate designated client deposit account.
Where a client organises such special arrangements the firm reserves a right to charge, at usual fee earner rates, for any reasonable additional time costs or third party costs that it incurs in im-plementing a client?s request in respect of their funds.
Client Account
Min Bal | 0-2000 | 2001-25000 | 25001-100000 | 100000+ |
% | 0.05 | 0.10 | 0.15 | 0.20 |