Timing
& Pricing.

Example for buying and selling your home

Selling a freehold property example:

This example is based on a sale price of £133,000.

£795 + VAT.

In addition to the above, you may also have to pay other costs and disbursements*. An example of the additional sums you may have to pay:

Title register – £3.

Title plan – £3.

Additional title documents (per document) – £3.

Fees for verification of identification (per person) – £12 (including VAT).

2. Buying a freehold property example:

This example is based on a purchase price of £250,000.

£850 + VAT.

In addition to the above, you may also have to pay other costs and disbursements*. An example of the additional sums you may have to pay:

Discounted search bundle (drainage, environmental, local) – £188.30.

Land Registry Search fee – £3.

Bankruptcy search fee (per name) – £2.

Lawyer checker fee – £21.60

Fee for online Identification verification (per name) – £12 (including VAT).

Registration fee – £135.

Bank transfer fee (per transfer) – £42 including VAT.

Rates for Stamp Duty Land Tax in England and Welsh Land Tax

Click here for SDTL rates in England.

Click here for Welsh Land Transaction Tax rates.

At the moment it can take up to four months to buy or sell a property. This depends on the type of property, how long searches take, whether a chain of buyers is involved and how responsive councils and others are when providing essential information. The HM3 Legal team works hard to move the process along at every stage.

Example 2*

£5,0001 – £10,000 – 15%

£10,001 – £50,000 – 10%

£50,001 – £99,999.99 – 5%

£100k + – 2.5%

*These costs apply up to the *Disbursements are costs involved in the process that are payable to someone else. These costs are fixed and are payable by everyone.