• 15 Queen StreetOldham, OL1 1RD

  • 0161 505 0635Free Consultation

  • 9:00 - 17:00Weekend Closed

Residential Conveyancing Solicitors Oldham

Residential Conveyancing

OUR FEES EXPLAINED: RESIDENTIAL CONVEYANCING

We aim to deliver a professional service which achieves your aims whilst being transparent about our pricing structure. Our focus is on providing excellent value for money whilst providing a personal touch to our service.

We pride ourselves on being open, honest and transparent about fees and you can be assured that our quotes will include all fees we conceivably envisage will relate to your transaction at the point of instruction.

Funding Options

There are a number of ways to fund our services and we will aim to provide a funding package for you which is suitable for particular circumstances. We are not obliged to offer any particular method of funding and some methods of funding may only be available in cases where we assess that the case is suitable for both you and us.

Typically, the funding options we can consider are:

Fixed Fee

Most transactions are dealt with on a Fixed Fee basis. We will provide you with a quote at the outset of a transaction based on the information available to us at the time we provide the quote. Our charge will not be relevant to the time we spend on the matter albeit an estimate of the likely time we spend on a matter will be used as the basis for setting the fee.

Additional fees may apply during the transaction as further information becomes available and you will be advised of these as required. For example, it may be necessary to purchase an indemnity insurance policy and this may not be known at the time you instruct us.

Private Retainer

You will pay us for our charges based on an hourly rate set in our retainer. We will provide you with an estimate of fees from time to time but our charges will be based on the amount of time we spend on your matter. Our standard hourly rates are dependent on the qualification and experience of the fee earner dealing with the matter.

GRADE OF FEE EARNER HOURLY RATE

Grade A Any Solicitor or Legal Executive with over 8 years PQE. Grade A will include any Director
£200 per hour plus VAT

Grade B Any Solicitor or Legal Executive with more than 4 year’s PQE but less than 8 year’s PQE. Any other fee earner with more than 4 years experience.
£171 per hour plus VAT

Grade C Any Solicitor or Legal Executive with less than 4 years PQE. Any other fee earner with more than 1 year but less than 4 years experience. Trainee Solicitors shall be regarded as Grade C if they have more than 2 years experience prior to commencement of the training contract.
£135 per hour plus VAT

Grade D Any Trainee Solicitor or other fee earner with less than 1 year’s experience.
£111 per hour plus VAT

An estimate of our charges on a Private Retainer are detailed below.

Estimate of Fees

The fees below only relate to residential conveyancing transactions. Additional fees or alternative fee structures where the transaction involves a commercial property, mixed use property or HMO.

As most transactions are dealt with on a fixed fee basis we have set out our fixed fees below. Our fees are based on the value of the transaction. The fees below exclude VAT and Disbursements, such as Searches, Stamp Duty and Land Registry fees. We have listed common disbursements at the end of this page

Residential Purchase Matters

PURCHASE PRICE BASIC LEGAL FEE (EXC VAT)
0 – £100,000 £475
£100,000.01 – 150,000 £500
£150,000.01 – 200,000 £550
£200,000.01 – 250,000 £550
£250,000.01 – 350,000 £600
£350,000.01 – 500,000 £650
£500,000.01 – 600,000 £700
£600,000.01 – 750,000 £750
£750,000.01 – 900,000 £825
£900,000.01 – 1,000,000 £900
£1,000,000+ £1,000

Additional Fees

Where your purchase involves any of the following features, then the additional fees below will apply:

ADDITIONAL MATTER BASIC LEGAL FEE (EXC VAT)
Mortgage Fee £150
Leasehold Fee £195
Buying in a Limited Company £100
Help to Buy / Help to Buy ISA £100
Shared Ownership £100
New Build £100
Unregistered land £100
Complete the Stamp Duty Land Tax form £ 50

Residential Sale Matters

PURCHASE PRICE BASIC LEGAL FEE (EXC VAT)
0 – £100,000 £450
£100,000.01 – 150,000 £495
£150,000.01 – 200,000 £545
£200,000.01 – 250,000 £595
£250,000.01 – 350,000 £645
£350,000.01 – 500,000 £695
£500,000.01 – 600,000 £745
£600,000.01 – 750,000 £795
£750,000.01 – 900,000 £845
£900,000.01 – 1,000,000 £895
£1,000,000+ £945

Additional Fees

Where your purchase involves any of the following features, then the additional fees below will apply:

ADDITIONAL MATTER BASIC LEGAL FEE (EXC VAT)
Mortgage Fee £150
Leasehold Fee £150
Buying in a Limited Company £100
Help to Buy / Help to Buy ISA £100
Shared Ownership £100
Unregistered Land £100

Disbursements

Disbursements are fees which we must pay out whilst acting for you. These are fees paid to third parties in respect of services relating to your transaction. Not all of the disbursements below will apply to your transaction and some of the amounts may vary on individual matters but the figures are given by way of example.

ADDITIONAL MATTER BASIC LEGAL FEE (EXC VAT)
AML (Money Laundering) Per Person £10
TT Fee £36
Office Copy Entries £6
Search Package £179
Stamp Duty Individual to a transaction
Indemnity Insurance As required per transaction

GET IN TOUCH

All initial enquiries are completely free of charge, so please call us now on 0161 5050635 or complete a free online enquiry form and a member of the conveyancing team will contact you on the number and time provided.

  •  0161 505 0635
  •  info@dnb.legal

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