Purchases and sales of freeholds: our fees, not including VAT, range from:
£1,000 to £1,500 for properties up to £500,000:
£1,500 to £2,750 for properties between £500,000 and
£1,500,000: £2,750 to £5,000 for properties between £1,500,000 and £5,000,000.
For properties over £5,000,000 our fees are negotiable.
For purchases and sales of long leases the fees will be 20% higher.
The work will be carried out by a Grade A Solicitor (over 12 years since qualification) assisted by a Grade C Solicitor (less than 4 years since qualification).
Our services will be the usual services provided by solicitors in residential conveyancing. We will not advise on the price or state of the property and buyers will have to rely on a survey. We are not on the panels of any Lenders.
We set out our fees as a range of fees depending on the value of the estate and the complexity of the work required.
In a simple case of a deceased spouse transferring his estate to his surviving spouse the fees are at the bottom end of the range. For more complex estates with diverse assets and beneficiaries the fees are at the upper end of the range. If properties are to be sold we will quote separately. In respect of residential sales, the fees will be based on our Conveyancing fees discounted by 25%.
We will charge (not including VAT) between 0.35% and 1% of the gross estate up to £2,000,000 and thereafter up to 0.5% on the next £3,000,000. In addition, we will charge on a time basis for work carried out by the fee earners engaged in the matter. This will be carried out by a Grade A Solicitor (over 12 years since qualification) assisted by a Grade C Solicitor (less than 4 years since qualification). The hourly rate charged by the Grade A will be £300 and by the Grade C will be £175.
Our services will be the usual services provided by solicitors in uncontested probate. If advice is sought on tax planning, we will quote separately.
The charges set out below are applicable if the debt is undisputed. We will charge on a time basis with the work being carried out by a Grade C Solicitor (less than 4 years since qualification) supervised by a Grade A Solicitor (over 12 years since qualification).
The hourly rate charged by the Grade A will be £350 and by the Grade C will be £200. The service provided covers sending a Pre-Action Letter complying with the Civil Procedure Rules and if it is then necessary, issuing proceedings online for the Court to serve (the court fee is 4.5% of the sum claimed); entering Judgment in default; instructing bailiffs.
For undisputed debts up to £10,000 we will cap our fees at a maximum of £750 plus VAT.
For undisputed debts over £10,000 and up to £50,000 we will cap our fees at a maximum of £2,250 plus VAT.
For undisputed debts over £50,000 up to £100,000 we will cap our fees at £3,500 plus VAT.
If a debt is disputed we will advise and provide an estimate of fees. Our services will not include any form of enforcement other than instructing bailiffs. We will provide quotations for other forms of enforcement such as applying for a charging order, serving a statutory demand, issuing a bankruptcy petition or a winding up petition.