Fees

The following is a detailed overview of our fees.

 

Purchase of a freehold residential property

Our fees cover all of the normal/routine work required to complete the purchase of your new home without a mortgage, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

£0-250,000 £250,000-£500,000 £500,001-£1m £1m - £1.5m £1.5m - £2.5m £2.5m - £3m
Base legal fee £540.00 £640.00 £775.00 £1075.00 £1575.00 £2575.00
SDLT return fee £80.00 £80.00 £80.00 £80.00 £80.00 £80.00
Electronic transfer fee £39.00 £39.00 £39.00 £39.00 £39.00 £39.00
Sub Total £659.00 £759.00 £849.00 £1194.00 £1694.00 £2694.00
Estimated* Local search £115.00 £115.00 £115.00 £115.00 £115.00 £115.00
Environmental search £77.00 £77.00 £77.00 £77.00 £77.00 £77.00
Water/Drainage search £57.33 £57.33 £57.33 £57.33 £57.33 £57.33
VAT £181.67 £201.67 £219.67 £288.67 £388.67 £588.67
Land registry search inc VAT £3.60 £3.60 £3.60 £3.60 £3.60 £3.60
Land registry fee £20-135.00 £135.00 £270.00 £455.00 £455.00 £455.00
Grand Total £1228.60 £1348.60 £1591.60 £2190.60 £2790.60 £3990.60

 

*This figure is based upon a Local Authority search obtained in Braintree District Council, being the location of our Head Office. The actual fee payable is variable dependent on location.

If you are referred to us by an introducer where we pay them a referral fee, we will provide you with details of the arrangement and the fee we pay. This will be included in the quotation paperwork we send to you. The referral fees we pay vary between £0.00-£300.00 depending on what has been agreed between us and the respective introducer. There are some benefits associated with referred matters and we would be happy to discuss these with you when establishing your specific transaction requirements. Should you wish, you may of course contact our New Business Team on 0800 977 7887 with any queries regarding this.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using the HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.

How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 10-14 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 4-6 weeks to exchange. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 4 months. In such, a situation additional charges would apply, see separate table below.

Description Fee VAT at current rates
Leasehold Fee £180.00 £36.00
Mortgage Fee £156.00 £31.20
Help to Buy £270.00 £54.00
Help to Buy ISA £50.00 £10.00
Unregistered title £240.00 £48.00
Trust Deed £180.00 £36.00
Freehold Management Co. £180.00 £36.00
Gifted Deposit £90.00 £18.00
Shared Ownership £750.00 £150.00
Buy to Let £240.00 £48.00
Split Title £240.00 £48.00
Small Developer New Build £240.00 £48.00
Bankruptcy search (per name) £2.00 £0.40

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. We have a helpful short video on our website which explains the process: https://www.cunningtons.co.uk/our-services/residential-conveyancing

However, we have listed some of the key stages below:

  • Take your instructions and give you initial advice
  • Receive and advise on contract documents
  • Carry out searches
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

 

* Our fee assumes that:

a. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction

b. the transaction is concluded in a timely manner and no unforeseen complication arise

c. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

d. no indemnity policies are required. Additional fees and disbursements may apply if indemnity policies are required.

Who will be acting for me?
This will depend on your locality, or the location of the property, and you will be assigned to an office closest to your home address, or the property you wish to purchase. The fee earner assigned to your case will have the appropriate level of experience. The details of our fee earners can be found by clicking on the link to each of the Partners listed on our site.

Purchase of a leasehold residential property
Sale of a freehold residential property
Sale of a freehold residential property – no mortgage
Probate, Will Writing, Lasting Powers of Attorney, Joint Tenancies
Business Debt Recovery
Employment Tribunal Claims
Complaints proceedure

Our Locations

Braintree - 01376 326868

Cunningtons LLP in Great Square and Tofts Walk in Braintree, Essex, is the head office for Cunningtons Solicitors across the UK. Established in 1748, the Braintree head office in Great Square is still in its original offices. This amounts to almost 300 years of Experience and Tradition.

The Senior Partner at Cunningtons’ Braintree office is David Drake. Paul Fenton is the Joint Managing Partner. He is the residential conveyancing partner at the Braintree practice. They are supported by qualified Solicitors and Licenced Conveyancers.

Read More

Braintree Walk In
Brighton & Hove: 01273 725229
Chelmsford: 01245 264494
Croydon: 0208 688 8446
Ilford: 020 8553 0002
Solihull: 0121 7056868
Wickford: 01268 732268

The following is a detailed overview of our fees.

 

Purchase of a freehold residential property

Our fees cover all of the normal/routine work required to complete the purchase of your new home without a mortgage, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

£0-250,000 £250,000-£500,000 £500,001-£1m £1m - £1.5m £1.5m - £2.5m £2.5m - £3m
Base legal fee £540.00 £640.00 £775.00 £1075.00 £1575.00 £2575.00
SDLT return fee £80.00 £80.00 £80.00 £80.00 £80.00 £80.00
Electronic transfer fee £39.00 £39.00 £39.00 £39.00 £39.00 £39.00
Sub Total £659.00 £759.00 £849.00 £1194.00 £1694.00 £2694.00
Estimated* Local search £115.00 £115.00 £115.00 £115.00 £115.00 £115.00
Environmental search £77.00 £77.00 £77.00 £77.00 £77.00 £77.00
Water/Drainage search £57.33 £57.33 £57.33 £57.33 £57.33 £57.33
VAT £181.67 £201.67 £219.67 £288.67 £388.67 £588.67
Land registry search inc VAT £3.60 £3.60 £3.60 £3.60 £3.60 £3.60
Land registry fee £20-135.00 £135.00 £270.00 £455.00 £455.00 £455.00
Grand Total £1228.60 £1348.60 £1591.60 £2190.60 £2790.60 £3990.60

 

*This figure is based upon a Local Authority search obtained in Braintree District Council, being the location of our Head Office. The actual fee payable is variable dependent on location.

If you are referred to us by an introducer where we pay them a referral fee, we will provide you with details of the arrangement and the fee we pay. This will be included in the quotation paperwork we send to you. The referral fees we pay vary between £0.00-£300.00 depending on what has been agreed between us and the respective introducer. There are some benefits associated with referred matters and we would be happy to discuss these with you when establishing your specific transaction requirements. Should you wish, you may of course contact our New Business Team on 0800 977 7887 with any queries regarding this.

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using the HMRC's website or if the property is located in Wales by using the Welsh Revenue Authority's website here.

How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 10-14 weeks.

It can be quicker or slower, depending on the parties in the chain. For example, if you are a first time buyer, purchasing a new build property with a mortgage in principle, it could take 4-6 weeks to exchange. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 4 months. In such, a situation additional charges would apply, see separate table below.

Description Fee VAT at current rates
Leasehold Fee £180.00 £36.00
Mortgage Fee £156.00 £31.20
Help to Buy £270.00 £54.00
Help to Buy ISA £50.00 £10.00
Unregistered title £240.00 £48.00
Trust Deed £180.00 £36.00
Freehold Management Co. £180.00 £36.00
Gifted Deposit £90.00 £18.00
Shared Ownership £750.00 £150.00
Buy to Let £240.00 £48.00
Split Title £240.00 £48.00
Small Developer New Build £240.00 £48.00
Bankruptcy search (per name) £2.00 £0.40

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances. We have a helpful short video on our website which explains the process: https://www.cunningtons.co.uk/our-services/residential-conveyancing

However, we have listed some of the key stages below:

  • Take your instructions and give you initial advice
  • Receive and advise on contract documents
  • Carry out searches
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

 

* Our fee assumes that:

a. this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction

b. the transaction is concluded in a timely manner and no unforeseen complication arise

c. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation

d. no indemnity policies are required. Additional fees and disbursements may apply if indemnity policies are required.

Who will be acting for me?
This will depend on your locality, or the location of the property, and you will be assigned to an office closest to your home address, or the property you wish to purchase. The fee earner assigned to your case will have the appropriate level of experience. The details of our fee earners can be found by clicking on the link to each of the Partners listed on our site.

Purchase of a leasehold residential property
Sale of a freehold residential property
Sale of a freehold residential property – no mortgage
Probate, Will Writing, Lasting Powers of Attorney, Joint Tenancies
Business Debt Recovery
Employment Tribunal Claims
Complaints proceedure