We pride ourselves on delivering a high quality, personable service for legal matters that make a big difference to our clients’ lives. We know that the cost of legal services is an important factor for our clients, many worry about the potential costs of their legal work and the limited funding options now available. That is why we have taken positive steps to ensure that:
- We undertake regular fee checksso we remain highly competitive and can offer the very best hourly rates.
- We can offer a no-win no-feeservice for certain types of legal work such as accidents and personal injury, employment disputes and commercial litigation.
- We can offer fixed rate feesfor certain types of legal service such as conveyancing, divorce, and wills.
- We can offer Legal Aid for some family, care proceedings and criminal matters.
- We can provide quick and free cost estimates.
- We can price match on many quotes.
- We can offer payment plansin certain circumstances.
The cost of conveyancing
Whether you are buying, selling, transferring, or mortgaging a house or a flat, you will have to pay the conveyancer who deals with the matter for you. You will also have to pay a number of out of pocket expenses (known as disbursements) which your conveyancer incurs on your behalf.
The conveyancer’s fees, and some of the out of pocket expenses, will vary according to the circumstances and the value of the property concerned. For that reason, we will always provide you with a personal written, tailor made, estimate of the likely costs.
We do prefer to deal with estimates in that way, as it enables us to establish exactly what it is involved in your particular transaction, rather than applying a “one size fits all” approach.
As a general guideline, the figures below set out the basis of our charges and what the likely disbursements will be.
Our charges are based on the amount of work which we anticipate will be necessary and will only vary according to the value of the property and complexity of the transaction.
As a matter of principle, we do not charge you separately for dealing with work which we believe to be an essential part of a conveyancing transaction, such as preparing a Stamp Duty Land Tax return, transmitting funds to the other party, or submitting a Land Registry application.
Pennine Solicitors charges
Our basic fees for dealing with the sale of a house start at £350.00 plus VAT and any disbursements shown below.
Our basic fees for dealing with the sale of a flat start at £425.00 plus VAT and any disbursements shown below.
Please notethat if the sale involves either a Shared Equity Scheme, or a Help to Buy mortgage or ISA, we will add a supplement of £100 plus VAT to the figures shown above.
Our basic fees for dealing with the purchase of an existing housestart at £400.00 plus VAT and any disbursements shown below.
Our basic fees for dealing with the purchase of an existing flat start at £500.00 plus VAT and any disbursements shown below.
Our basic fees for dealing with the purchase of a newly built housestart at £500.00 plus VAT and any disbursements shown below.
Our basic fees for dealing with the purchase of a newly built flatstart at £600.00 plus VAT and any disbursements shown below.
Please notethat we will add the following supplements to the figures shown above as appropriate, as the amount of work necessary on our part will increase substantially:
If the purchase involves a Help to Buy ISA: add £100.00 plus VAT
If the purchase involves a Help to Buy Mortgage: add £200.00 plus VAT
If the purchase involves a Shared Equity Scheme: add £200 plus VAT
Our basic fees for dealing with a remortgage start at £350.00 plus VAT and disbursements shown below.
If the property concerned is a flat, we will add a supplement of £100.00 plus VAT.
Transfers of equity
Our basic fees for dealing with a transfer of equity of a housestart at £350.00 plus VAT and disbursements shown below.
Our basic fees for dealing with a transfer of equity of a flatstart at £425.00 plus VAT and disbursements shown below.
If you are selling a property, we will need to get proof of ownership from the Land Registry. The basic cost is around £6.00 per title, but where we also have to obtain copies of any title deeds (such as a lease) you will have to pay a further £3.00 for each additional document.
Purchases and mortgages only
Initial Searches If you are buying a house or a flat with a mortgage, or re-mortgaging, we will probably need to undertake a number of preliminary conveyancing searches. These include a local search, a drainage search, a mining search and an environmental search, and generally cost around £350.00 in total. These searches are also advised even if you do not require a mortgage.
Pre-completion searches We will also need to undertake a couple of pre-completion searches, which should cost no more than £10.00
Land Registry fees Anyone who acquires or mortgages a property has to pay a fee to the Land Registry, to update the Land Registry’s records.
The size of the fee depends entirely on the value of the property or the size of the mortgage, but currently range between £20.00 and £910.00
Stamp Duty Land Tax (SDLT) Stamp Duty Land Tax may be payable by you, but this will depend on your circumstances and the value of the property concerned. Because of this, it is simply not possible to tell you on our website exactly how much SDLT you will have to pay.
Flats – sales and purchases
When dealing with a flat it is generally necessary to obtain and provide information to the management company and its agents. Such companies charge relatively high fees for items such as pre-sales packs and notice fees, often amounting to hundreds of pounds.
We will not be able to tell you how much these are likely to be until we have seen the lease concerned and know who the management company is.
Anti-money laundering checks – These legal checks will verify your identity, and are likely to be done by an online company. They cost around £12.00 per person.
Bank transfer fees – We do not charge you any bank charges for transferring funds to your lender or the other party’s Solicitors.
However if you wish us to send funds to you by a same day bank transfer, we will charge you £30.00 plus VAT for each transfer
Other possible fees On occasion you may need to pay for other fees, for example to obtain copies of relevant planning documents or a legal insurance policy if any required documents are missing.
It is not possible to tell you the exact cost, as this will depend entirely on the circumstances at the time.
What happens if my transaction falls through?
If for any reason your transaction does not go ahead, we will only charge you for the work which we have undertaken on your behalf up to that point, and any disbursements which you have not pre-paid.
We will give you clear information on probate costs, based upon the time and work involved.
We (unlike many others) do not charge a percentage based on the value of the estate.
Some estates are simple but others can be complex. Probate costs can vary significantly because the time and work involved on a high value and complex estate is much more than on a small and simple estate.
We will give a better idea when we have met you to find out just what is involved.
We can help you to deal with the full process of the administration of an estate from beginning to end. However, we can limit the work that we undertake to obtaining the grant of probate or administration if you choose to deal with the practical steps of the administration. Costs are lower if we work on a “grant only” basis. Here are some typical illustrations, with costings, for the full administration of a simple estate and a “grant only” instruction. We can tailor the level and extent of the work that we undertake for you to suit your requirements.
Administration of a straightforward estate
Administration of an estate involves:
- Writing initial letters which may include financial institutions with assets/liabilities of the estate, insurance companies, pension providers, HM Revenue & Customs, the Department for Works & Pensions and other public bodies
- Preparing and submitting inheritance tax simple return and grant of probate application
- Cashing financial assets and settling liabilities
- Transferring or selling the home (conveyancing costs would be quoted separately)
- Preparing estate accounts
- Distributing the estate
Typically this will take between 10 and 20 hours at an hourly rate from £177.00 to £210.00 plus VAT, equating to professional fees of £1,500.00 to £5,000 plus VAT.
The exact cost will depend on the individual circumstances of the estate . For example, if there is one beneficiary and no property, costs are likely to be at the lower end of the range. If there are multiple beneficiaries, a property and multiple bank accounts, costs are likely to be at the higher end.
Potential additional costs
- Costs of sale or transfer of shareholdings, stocks and bonds if applicable.
- Costs of the sale or transfer of any land or property in the estate if applicable.
How long will this take?
Typically, estates that fall within this range are dealt with within three to nine months, including 2 to 6 months to obtain the grant of probate, then 1 to 3 months to collect the assets.
We always aim to progress matters effectively and efficiently and to shorten the timescale wherever possible. However, the process can take longer if complications arise, such as disputes with beneficiaries, claims against the estate, delay in selling property, enquiries being raised by HM Revenue & Customs or the Department for Work and Pensions, or delay by any third party involved in the process.
Grant only application
With a simple estate, you may wish to use us on a “grant only” basis. This means that you will retain responsibility for administering the estate, but we will prepare all necessary documentation to obtain your grant of probate from the Probate Registry.
- You provide us with date of death valuations for all assets and liabilities and other information that we need
- We prepare the documentation, including forms of oath for executors/administrators and HM Revenue return of estate information, then meet you to arrange for you to sign, and to be sworn to the oath
- We make application for and obtain from the Probate Registry the grant of probate
- We provide you with the grant of probate for you to administer the estate
- There is a valid will
- There is no inheritance tax payable and the executors do not need to submit a full account to HM Revenue & Customs
- There are no claims made against the estate and no caveats registered with the Probate Registry
In these cases, we will work on a fixed fee of £500 plus VAT.
How long will this take?
Typically, it takes six to eight weeks to obtain the grant of probate from the point at which we are first instructed.