Selling a Property
Solicitor fees for selling a house
Simon Nosworthy Partner
Legal fees for selling a house
Our fees will depend on the value when selling a property and whether its freehold or leasehold and will range from £950.00 to £2,225.00 plus VAT*
|Land Registry copy title register, plan and lease||£3 per document|
|Landlord / managing agents’ fees for replies to standard form management enquiries ( for a leasehold property)||£200 to £500 + VAT (if applicable) approximately|
|Telegraphic transfer fee||£15.00 plus VAT|
|Estate agents fees||£TBC|
|Mortgage redemption (if applicable)||£TBC|
You will only pay VAT on our legal fees and the cost to make an electronic money transfer.
For some transactions, we do pay referral fees. The amount of any referral fee will be disclosed to you at the commencement of the transaction. To be clear, these referral fees are paid by us to third parties and not by you.
What are disbursements:
These are costs related to your house or flat sale purchase that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure there is no delay in your sale.
We will redeem a mortgage registered against selling a property in completion of the sale. We will be able to provide you with a figure for the redemption amount once you have instructed us to act for you.
Please contact your estate agent to confirm the fees that you have agreed to pay them. Normally we will pay the estate agents fees out of the proceeds of sale on completion of the transaction.
Typical sale timescales and key stages
The timing of your conveyance will depend on a number of factors but, on average, a residential property sale takes 4 to 8 weeks. If you are in a chain, the timing of your transaction is likely to need to coincide with the other parties in that chain.
Selling a house process
Key stages of the sale process are typically:
- Receive your instructions, identification and other necessary details
- Prepare and send sale documentation pack for buyer’s solicitor
- Apply and supply assignment/management pack (leaseholds only)
- Initial contact with lender (if redemption of mortgage is involved)
- Respond to enquiries by buyer’s solicitor
- Finalise contract for signature & confirm the completion date
- Exchange contracts
- Complete sale, redeem mortgage(s) and transfer proceeds of sale as necessary
*Our fee assumes that:
Your property sale 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. The maximum fee shown is for a sale price of a leasehold property between £1,400,000.00 and £1,500,000.00. Please contact us for a quote if the purchase price is above £1,500,000.00
I've recently used Osbornes for my home purchase and an equity transfer. Rachael was fantastic all the way through, keeping me informed and up to speed as to the purchase progress.
We hope not to move again for a long time, but when we do we will choose Osbornes for the conveyancing. Thank you.
Buying and selling a house can often be a challenging process, but communication and service I received from Osbornes was second to none. I would recommend them without hesitation - 5 stars
I have used Osbornes a few times and I’m really happy with the service provided. They provide a very professional, polite and efficient service and I would highly recommend them.
Osbornes team was great with the sale of our property, everything went smoothly and very responsive
Osbornes are really thorough, professional & friendly. They were aware of the need for haste in my sale & they did everything they could to achieve the results of completing before the end of the SDLT holiday.
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William Ford Partner
Housing & Social Care
Shilpa Mathuradas Partner
Simon Nosworthy Partner
Guy Osborn Partner
Muna Adam Solicitor
Rachael Atkinson Associate