Westfield Solicitors
Westfield Solicitors
  • Home
  • About Us
  • Areas
  • Compliance
  • Pricing
  • More
    • Home
    • About Us
    • Areas
    • Compliance
    • Pricing

  • Home
  • About Us
  • Areas
  • Compliance
  • Pricing

Transparency pricing

Steps involved in a typical freehold or leasehold residential property purchase or sale.

Two people inside a house, looking up some house blueprints

Purchase

  • Client Engagement
  • Initial dealings with the Estate Agent and seller’s conveyancer
  • Initial forms and paperwork
  • Searches
  • Enquiries
  • Contract and transfer
  • Report on title
  • Mortgage
  • Exchange of contracts
  • Pre-Completion
  • Completion and Post-completion

A real estate agent presenting a house to a couple

Sale

  • Client Engagement
  • Initial dealings with the Estate Agent and buyer’s conveyancer
  • Initial forms and paperwork
  • Enquiries
  • Contract and transfer
  • Mortgage
  • Exchange of contracts
  • Pre-Completion
  • Completion and Post-completion

Typical Fee Scale and Disbursements

Typical Fee Scale and Disbursements

Typical Fee Scale and Disbursements

  • Property sale, purchase, re-mortgage or transfer of equity

Potential Additional Fees

Typical Fee Scale and Disbursements

Typical Fee Scale and Disbursements

  • Property

Typical Timeframe

Typical Fee Scale and Disbursements

Typical Timeframe

  • Property

PURCHASE

(Steps in bold are only relevant where the property is leasehold)

Client Engagement

Initial dealings with the Estate Agent and seller’s conveyancer

Initial dealings with the Estate Agent and seller’s conveyancer

Before we start work on your purchase, we must formally engage with you and carry out identification checks. This will include:


  1. Sending you our engagement letter and receiving a signed copy from you.
  2. Receiving identification documents from you (as set out in our engagement letter) and carrying out electronic searches to confirm your identity.
  3. Carrying out a conflict check against the seller, to ensure that we are not instructed by the seller on the same transaction.

Initial dealings with the Estate Agent and seller’s conveyancer

Initial dealings with the Estate Agent and seller’s conveyancer

Initial dealings with the Estate Agent and seller’s conveyancer

We must also liaise with the estate agent and seller’s conveyancer. This will include:


  1. Receiving the memorandum of sale.
  2. Writing to the estate agents to confirm our instructions.
  3. Writing to the seller’s conveyancer to confirm our instructions.
  4. Carrying out a check on the seller’s conveyancer.

Initial forms and paperwork

Initial dealings with the Estate Agent and seller’s conveyancer

Initial forms and paperwork

We will ask you and the seller to complete/provide some initial forms and paperwork. These include:


  1. Client details form
  2. Matter details form
  3. Property information form
  4. Overriding interests form
  5. Fittings and contents form
  6. Leasehold information form
  7. Office Copy Entries

Searches

Contract and transfer

Initial forms and paperwork

  1. Received money on account of search costs.
  2. Carry out searches (general pack).
  3. If no searches are required, this must be approved by the lender if the lender is taking a mortgage over the property.

Enquiries

Contract and transfer

Contract and transfer

Enquiries cannot be raised until we have received the initial forms and paperwork and the results of the searches. The enquiries stage includes:


  1. Reviewing the initial forms and search results and raise enquiries.
  2. Reviewing replies to enquiries.
  3. Raising additional enquiries (if required).
  4. Reviewing replies to additional enquiries.

Contract and transfer

Contract and transfer

Contract and transfer

  1. Draft contract and transfer and send to seller’s conveyancer.
  2. Obtain approval of draft contract and transfer from the seller’s conveyancer.
  3. You sign and return the contract and transfer (undated).
  4. If not buying with vacant possession, write to the tenant to notify them of the change of landlord and the new rent payment details.

Report on title

Exchange of contracts

Report on title

  1. Draft report on title based on initial forms, searches, replies to enquiries and mortgage requirements and issue to you.
  2. Draft report on lease and issue to you.
  3. You confirm that you have read the report and complied with any conditions specified in the report (i.e. the lenders special conditions).
  4. Demands and Needs Statement sent (where applicable).

Mortgage

Exchange of contracts

Report on title

The following steps are only necessary if you are borrowing money and the lender is taking a mortgage over the property.


  1. Notify the lender if there are any adverse points to note in respect of the report on title.
  2. Review mortgage conditions and mortgage deed and report on the mortgage to you.
  3. You sign and return the mortgage deed.
  4. Send certificate of title to the lender.
  5. Send drawdown request to the lender.

Exchange of contracts

Exchange of contracts

Exchange of contracts

The following checks must be carried out before contracts are exchanged:


  1. Receive written confirmation from you that we can exchange.
  2. Receive schedule of insurance from you (only if a lender is involved).
  3. Carry out a bankruptcy search against the seller, or a Companies House search to check for a winding up petition if the seller is a company or LLP.
  4. Carry out a priority search.
  5. Post exchange, send your signed contract to seller’s solicitors and receive the seller’s signed contract.

Pre-Completion

Completion and Post-completion

Exchange of contracts

In the period between exchange and completion:


  1. Receive completion statement and funds from you/your lender.
  2. Check that the bankruptcy search and priority search have not expired.
  3. Send buyer’s undertaking and completion information form to seller’s conveyancer.
  4. Check SDLT calculation against all documents and confirm to you in completion statement.

Completion and Post-completion

Completion and Post-completion

Completion and Post-completion

  1. Send funds to seller’s conveyance.
  2. Complete and submit SDLT within 14 days of completion.
  3. Prepare and submit registration within priority period.
  4. If you are a foreign national (non-UK resident, company or individual), submit a non resident CGT return within 14 days of completion.
  5. If you are a company which has acquired residential property, provide ATED information to the accountants within 14 days of completion.
  6. Once registration is complete, send title to you.
  7. Send closing letter to you.

SALE

Client Engagement

Initial dealings with the Estate Agent and buyer’s conveyancer

Initial dealings with the Estate Agent and buyer’s conveyancer

Before we start work on your sale, we must formally engage with you and carry out identification checks. This will include:


  1. Sending you our engagement letter and receiving a signed copy from you.
  2. Receiving identification documents from you (as set out in our engagement letter) and carrying out electronic searches to confirm your identity.
  3. Carrying out a conflict check against the buyer, to ensure that we are not instructed by the buyer on the same transaction.
  4. Carrying out Anti-Money Laundering checks.

Initial dealings with the Estate Agent and buyer’s conveyancer

Initial dealings with the Estate Agent and buyer’s conveyancer

Initial dealings with the Estate Agent and buyer’s conveyancer

Before we start work on your sale, we must also liaise with the estate agent and buyer’s conveyancer. This will include:


  1. Receiving the memorandum of sale.
  2. Writing to the estate agents to confirm our instructions.
  3. Writing to the buyer’s solicitor to confirm our instructions.
  4. Carrying out a check on the buyer’s conveyancer.

Initial forms and paperwork

Initial dealings with the Estate Agent and buyer’s conveyancer

Initial forms and paperwork

We will ask you to complete some initial forms and paperwork. These include:


  1. Client details form including bank details.
  2. Matter details form.
  3. Property information form.
  4. Fittings and contents form.
  5. Leasehold information form.
  6. Obtain Office Copy Entries and send to the buyer’s conveyancer.
  7. Prepare the draft contract pack and supporting documentation.

Enquiries

Contract and transfer

Initial forms and paperwork

Usually, the buyer’s conveyancer will not raise enquiries until we have provided the initial forms, draft contract pack and received the results of their searches. Once enquiries have been raised, we will:


  1. Reply to enquiries and any additional enquiries. Property specific enquires will be directed to the client.
  2. Deal with further enquires as required.
  3. Landlords will make a charge to you for the supply of leasehold information. In our experience this charge can be up to £500 plus VAT. We will ascertain the cost from the landlord and/or management company, then request funds on account form you to obtain the pack(s) or information as required.
  4. Demands and Needs Statement sent (where applicable) for any indemnity policies.

Contract and transfer

Contract and transfer

Contract and transfer

It is customary for the seller’s conveyancer to draft the contract. Therefore, we will:


  1. Draft and approve the draft contract.
  2. Obtain your signature to the approved contract and any occupier over 17, for example children.
  3. Approve the transfer deed (undated) once received from the buyer’s solicitor and forward to you for signing.

Mortgage

Contract and transfer

Contract and transfer

The following will only be necessary where there is a mortgage to be redeemed:


  1. Requested a redemption statement from the lender at least 5 days prior to completion. We will do this for all charges on the property if there is more than one.

Exchange of contracts

Completion and Post-completion

Exchange of contracts

The following checks must be carried out before contracts are exchanged:


  1. Receive written confirmation from you that we can exchange.
  2. Post-exchange, send your signed contract to the buyer’s conveyancer and receive the buyer’s signed contract.

Pre-Completion

Completion and Post-completion

Exchange of contracts

In the period between exchange and completion, we will:


  1. Prepare a completion statement and send to the buyer’s conveyancer.
  2. Receive your bank details by telephone.
  3. Prepare an apportionment statement for any ground rent or service charges due back to the seller.

Completion and Post-completion

Completion and Post-completion

Completion and Post-completion

  1. Redeem mortgage from sale proceeds (if relevant).
  2. Settle estate agents fees from sale proceeds (if relevant and subject to client’s instructions).
  3. Settle our fees from sale proceeds and provide you with our receipted invoice.
  4. Send balance of sale proceeds to you.
  5. Send signed transfer and other original documents (e.g. FENSA, gas certificate, lease, etc.) to buyer’s conveyancer or advise you to leave original documents at the property if we do not hold them.

Typical Fee Scale and Disbursements

Property Sale, Purchase, Re-Mortgage or Transfer of Equity

Your fee will reflect the work involved in your transaction and is based on a typical transaction, as outlined above. However, no two transactions are the same and therefore there may be additional documents and requirements of your specific transaction. We have set out in the Potential Additional Fees section situations that may arise which would require us to charge you additional fees. We will of course notify you of any additional costs and disbursements before they are incurred.


Please note that if for any reason we are unable to proceed or you choose to close your matter after you have instructed us, you will still be charged for any work (including additional work) that we have carried out.


The fee scale assumes a sale or purchase of a registered freehold residential property. Where the property that you are buying or selling is leasehold, the fee scale set out above will be increased by £199 plus VAT. Further, where the property that you are buying or selling is unregistered land, the fee scale set out above will be increased by £199 plus VAT.

In addition to our fees, you will also have to pay a number of disbursements in connection with your transaction and these are listed below. Please note that the amount of some disbursements are calculated by reference to the purchase price (see notes column) and for the purpose of giving examples of disbursements below, we have assumed a property price of £500,000. Prices stated are exclusive of VAT.

TYPICAL TIMEFRAME

Property Sale or Purchase

How long it will take from the offer being accepted to completing the transaction will depend on a number of factors. The average process takes between 6 to 8 weeks to exchange, and a further 2 weeks before completion, dependent on all parties involved being agreeable to the completion date.


It can be quicker or slower, depending on the parties in the chain. For example, if the transaction is involved in a chain, or includes a leasehold property that requires an extension of the lease, this can take significantly longer.


Solicitor or conveyancer | £185 plus VAT

Trainee solicitor | £140 plus VAT

Paralegal | £120 plus VAT

Legal assistant | £60.00 plus VAT

Pricing

We charge for consultations as follows:


a. In all matters we offer initial consultation with no follow-up - £150 plus VAT


b. Initial consultation with follow-up letter confirming advice for not more than one hour - £350 plus VAT. Any additional rate will be charged at our following hourly rates.


a) Partners: £350 plus VAT per hour (unless varied by agreement in writing)

b) Solicitors: £200 plus VAT per hour

c) Trainees: £150 plus VAT per hour

d) Caseworkers: £90 plus VAT per hour


We offer specialist legal advice at affordable fees for our private paying clients with flexible payment plans to meet their individual financial needs. Please see our fixed fee funding options below:


a. Assisting petitioner with completing petition only - £500 plus VAT

b. Assisting respondent with completing acknowledgment of service only - £300 plus VAT

c. Full representation in ‘straight forward’ divorce from start of case to conclusion:

  • i. Petitioner - £1800 plus VAT
  • ii. Respondent - £900 plus VAT


(Please be aware that a divorce is classified as ‘straight forward’ if no additional applications outside the regular applications have to be made to progress the divorce.)


Section 8 Children Act matters (Child Arrangements)


a. Assisting applicant to complete initial application form(s) only - £600 plus VAT

b. Assisting applicant or respondent to draft statement - £450 plus VAT

c. Assisting the applicant to prepare the court bundle and responding to Scott Schedule £650 Plus VAT

d. Representing the client from the commencement of the application until the end of the proceedings where there is no complication, and the hearing is limited to one only: £1800.00 plus VAT exclusive of Counsel’s fees which will be advised upon the listing of the case, and we instruct Counsel. Our clients at liberty to instruct their own counsels if they wish. Our costs cover briefs to the counsel too.


Non-Molestation and Occupation Orders


a. Assisting applicant to complete initial application form only - £350 plus VAT

b. Assisting applicant to draft supporting statement - £450 plus VAT

c. Assisting respondent to complete form to oppose the order/s - £350 plus VAT

d. Assisting respondent to draft statement - £550 plus VAT


  • Court fees and disbursements such as interpreter fees, postage, counsels’ costs etc.
  • Applications such as those which may become necessary in divorces such as when the Respondent does not acknowledge service.


We shall always discuss our fees and any possible additional fees before accepting instructions. The costs of these incidental applications in Divorce matters can be expensive and depend on the simplicity or complexity. We will charge our normal hourly rates or agree fixed fees where possible. This must be agreed before we can take on any such additional works and the client will be at liberty to seek a second opinion and transfer their cases elsewhere if they find cheaper alternatives.


We are happy to assist in cases where an individual wants to retain control of his/her case and require our assistance to carry out particular pieces of work such as preparing statements, responding to court directions or attending some court hearings.


In these instances, our fees will be based on the amount of work to be undertaken and the hourly rates of the fee earner with conduct as set out above.The above hourly rates are in accordance with solicitors’ guideline hourly rates provided by the Senior Courts Costs Office (SCCO) available at https://www.gov.uk/guidance/solicitors- guideline-hourly- rates.


Please do not hesitate to contact us to discuss our fees.


We do not have a contract in immigration law. We are therefore only able to advice on private fee basis.


Depending on the circumstances of the client, the nature of the application, simplicity or complexity, we can advise on an hourly basis or fixed fee.


Our hourly basis are as follows:


e) Partners: £350 plus VAT per hour (unless varied by agreement in writing)

f) Solicitors: £200 plus VAT per hour

g) Trainees: £150 plus VAT per hour

h) Caseworkers: £90 plus VAT per hour


Our fixed fee depending on the complexity of the application are as follows:


1. Simple non-complicated for entry clearance/Visa for family reunion, visits, study, tourism and others from abroad will be £1800 to £4000. *

We reserve the right to increase our fees if during the cause of the application something which was not disclosed to us at the point of initial consultation arises and require us to do any additional work.


2. Complex entry clearance application as detailed at number 1 above £4000 -£15000*. We cannot charge any additional fees if the application becomes complex without discussing this with the client first and giving the client the opportunity to seek legal advice and take the case elsewhere if they prefer.


3. Application for spousal visa from the UK following change of status or wish to vary existing leave which can be made in country £2000-£5000. * This will change if the application becomes complex.


4. Simple non-complex applications for the extension of Spousal, visitors, family, student visas and other visas £1900-£2500. *


5. Simple non-complex application for indefinite leave to remain in the UK for adults and children in the UK £2000-£5000*. The fees will be reviewed and agreed if the case

becomes complex.


6. Business Visas. We do not currently have the expertise for this category of visa, but we are happy to refer clients to other firms or the law society find a lawyer assistance.


7. Appeals to First Tier Tribunal £2500 -£6000*


8. Appeals to the Upper Tribunal and JR £4000-£15000*


Our costs will cover all advice and preparation of the application, forwarding the same to the Home Office, arranging biometric appointments for the client liaising with the Home Office and responding to their enquiries, updating clients regularly until a decision is made in their application. If a positive decision is received, then the client will not have to pay any additional fees. If a negative decision is made and we have to advise the client on the merits of the applications, this will be free but if we are required to assist the client in appealing the decision and conduct the case all the way to the first-tier tribunal, then our appeal fees will apply.


Given the delays we constantly encounter with decisions coming through from the home office, we cannot accurately estimate the time for a decision to be received but it usually takes up to 12 months or more depending on the nature of the application. Clients are encouraged to be patient and give the Home Office a minimum of 13 weeks to respond or acknowledge the receipt of their application before making any enquiries about the status of the application. We will always do our best to send reminders to the home office at regular intervals where we consider it necessary.


*** Please note that our fees do not include any application fees and disbursements payable to the Home Office or any third-party including experts, courts in cases where consent is needed to disclose an order in a children’s matter to the Home Office and Counsels. These are additional fees which the client must ensure that they set aside for their application. As the Home Office fee scales are always published and can change at regular intervals, we shall always advise our client on the necessary fees when they consult us and before we take their instructions.


Please feel free to contact us if you have any immigration matter and we shall always do our best to assist you.


Certification/Swearing of Documents £10.00 

Witnessing documents £30.00 

Statutory declarations £120.00

Affidavits £120.00

Change of name Deed £120.00

Power of Attorney £120.00


We are always happy to assist clients on 10 mins initial no obligation consultation only basis wherever possible and refer them on if we cannot help. So, feel free to contact us if you need help that you think that we can assist with.


Subscribe

Westfield Solicitors

1 Elmfield Park Bromley, BR1 1LU

📞 Phone: 020 3923 8267

Copyright © 2024 Westfield Solicitors - All Rights Reserved.

Powered by GoDaddy Website Builder

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

DeclineAccept