TWYFORDS Property Law Firm
Solicitors

Buying and selling

The expenses we incur on your purchase are:

1. Mortgage lender's charges, varying from lender to lender.
   
2. Mortgage broker's charges. These may be payable on completion of the mortgage, or they may be added to the mortgage.
   
3. Surveyor's and valuer's charges.
   
4. Search Fees. These are the fees payable to various bodies for the searches we carry out on your behalf. Searches are enquiries about the property raised with the local council and other bodies, for example to find out whether there are any road traffic proposals for the area, whether all necessary planning permissions have been obtained, or whether there is any history of land contamination. Additional searches may be required for properties in different areas of the country. Search fees can vary from area to area and from solicitor to solicitor (see here). [Note: Despite the Home Information Packs referred to above, it is possible that buyers and lenders will require searches to be carried out.]
   
5. Registration fee.  This is the fee payable to the Land Registry for registering ownership of your new home (see here).
   
6. Stamp Duty (now in full called 'Stamp Duty Land Tax'). This is the tax payable to the government on all purchases for a price exceeding £175,000. For many buyers this is easily the biggest expense (see here for table).
   
7. For details of Twyfords Property Law Firm's fee please contact us by email to law@twyfords.co.uk, by telephone on 01665 576040 or by fax on 01665 576335. Fees are subject to VAT.

1. Estate agent's fees, VAT and possibly advertising costs.
   
2. Mortgage lender's charges. These vary from lender to lender.
   
3. [Only applies if you are selling a flat] Freeholder's charges. These will depend on the terms of the lease and the freeholder or managing agents may also charge for supplying additional information to help process your sale.
   
4. HOME INFORMATION PACKS. The cost of selling your home has increased substantially following the introduction of these packs, but we can provide them more cheaply than many other suppliers. They contain some important legal information and we can ensure that they are properly prepared.
   
5. For details of Twyfords Property Law Firm's fee please contact us by email to law@twyfords.co.uk, by telephone on 01665 576040 or by fax on 01665 576335. Fees are subject to VAT.