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No completion, no fee. And a price guarantee
We promise that the price we give you when you instruct us is the price you’ll pay.
We work on a no completion, no fee basis. That means that you only pay us when your transaction is complete. And if your transaction falls through for any reason, you will not have to pay us.
Read more about In-Deed’s Price Promise.
In-Deed’s conveyancing fees
There are two elements that will make up your conveyancing fees: the legal costs that you pay to your lawyer and the disbursements to third parties.
Your legal fees will be based on the value of the property, whether you are buying or selling, and whether the property is leasehold or freehold. With In-Deed, your legal fees will be £349 - £949 for an individual sale or purchase. To find out exactly what your sale or purchase will cost, get a free conveyancing quote.
The following are all included as part of a 'Standard Conveyancing Transaction' with In-Deed:
Some firms hide additional fees in their terms and conditions meaning you end up paying significantly more than quoted when you complete. Our price promise means that for a standard conveyancing transaction, what we quote is what you pay on completion. The following are the sort of fees often found in the terms and conditions of some conveyancing quotes:
|Administration fee (e.g. photocopying and postal charges)|
|Arranging indemnity insurance issues (excludes cost of insurance premium)|
|Property auction supplement|
|Bank transfer (BACS or TT fee) . With in-deed the first TT fee is included|
|Bankruptcy search arrangement fee|
|Data protection act 1998 - subject access request|
|Dealing with a freehold management company (excludes freeholder/landlord disbursements e.g management information pack)|
|Raising additional enquiries in relation to your property transaction|
|Handling apportionments on leasehold transactions|
|Handling any notices of assignment on leasehold transactions (excludes freeholder disbursements if any apply)|
|Exchanging contracts and completing the transaction within 5 days of each other (simultaneous exchange and completion aka a "sim")|
|Indemnity insurance arrangement fee (excludes cost of policy)|
|Fee for calculating service charge arrears (excludes any service charges due)|
|New build property supplement on purchase transactions|
|Notice/deed of assignment (excludes freeholder disbursement if any)|
|Obtaining copy documents from third parties (excludes cost of document)|
|Obtaining leasehold management information on leasehold sale (excludes freeholder disbursement if any)|
|Preparation or approval of a key undertaking|
|Contribution to solicitors professional indemnity|
|Printing and providing copies of property searches|
|Removal of a registered caution or restriction at the land registry|
|Setting up a title indemnity or repair policy (excludes cost of policy)|
|Stamp duty land tax form completion (SDLT) fee|
Other third party costs
In addition to your legal fees, you will need to pay for third party costs – often called disbursements. These costs can really add up. But unfortunately, they are always part of buying or selling a home, no matter which property lawyer you choose.
The cost for disbursements will be £295 for a purchase and between £12 - £25 for a sale.
Disbursements on a purchase
|Search/Disbursement||What is it?|
|Land Registry Charge||Payable to HM Land Registry for the registration of the change of ownership of the property. A sliding scale of fees applies and is dependent on the property value. You can see how much these will be by getting a conveyancing quote.|
|Local authority search||A search undertaken with the Local Authority to see if there are any plans which might affect the property you are buying. To learn more about the Local authority search go to: What is a Local Authority Search?|
|Water authority and drainage search||A water and drainage search includes details about the mains water supply, the removal of sewage and surface water, who provides the water and what the charges will be.|
|Environmental search||An environmental search surveys past uses of the land and whether there's a chance that contaminated land may be an issue, for example through previous industrial use.|
|Insurance against chancel liability||Owners of properties sittings on "Rectorial Land" (thought to exist in about 5300 parishes) can be held responsible for the upkeep of the parish Church, with the Church able to demand limitless amounts of money for repair work. If your property is found to fall under this law it could make the property worthless, uninsurable and unsellable. At In-Deed we provide insurance against this possibility to give you peace of mind.|
|Search plan||A search plan is a plan based on ordnance survey records to accurately define the location and boundaries of the property being searched.|
|Bankruptcy search||Mortgage lenders carry out this search to find out whether the potential borrower has been made bankrupt|
|Identity check||This is an online check against national records to confirm you exist. Your lawyer will also ask you to provide certified copies of ID documentation and a proof of current address.|
|Priority search||A priority search ensures that no charges can land on a property for 30 days prior to completion.|
Disbursements on a sale
|Search/Disbursement||What is it?|
|Official copy of Land Register||A copy of the information held by the land registry to show the recorded details of the property.|
|Official copy of lease (only relevant in a leasehold sale)||This is the copy of the lease, which details the term of the lease, the amount of rent payable and all other obligations affecting the property.|
Ready to get started?
It's never too early to get your conveyancing lawyer. You'll have access to a top professional to guide you through the whole process. There's no obligation and nothing to pay right now.
Get a conveyancing quote and get your In-Deed lawyer now.