Our fees set out above for dealing with sales and purchases assume that:
a. the transaction is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction (such as a declaration of trust setting out an agreement between joint purchasers).
b. if leasehold, the transaction if the sale or purchase of an existing lease (an “assignment”) and is not the grant of a new lease
c. the transaction is concluded in a timely manner and no unforeseen complication arise
d. all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
e. no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.
Where we identify any issue that will result in an increase in the fees that you will have to pay, we will let you know this as soon as possible, and at that stage will provide you with a revised fee estimate. Additional fees will be calculated according to the additional time spent dealing with the transaction for you, with reference to the hourly charging rate of members of the residential property team.
Details of the experience and qualification of each member of our team can be found on our Who’s Who page. As part of the firm’s membership of the Conveyancing Quality Scheme, all of our conveyancing lawyers complete the mandatory Law Society training each year.
In the event that your transaction does not proceed to completion, we will normally charge you a fee for the work carried out up to the point that the transaction became abortive. This will be a proportion of what our fee would have been had the matter proceeded to completion, depending upon the stage at which the transaction aborted. For example, if the transaction aborted just prior to exchange of contracts, it is likely that the majority of the legal work (about 80%) would have been done and to reflect this, our fee could typically be about 80% of the fee that we would have charged had the matter completed. We may discount this in certain circumstances, such as if a sale falls though, but then you subsequently go on to complete a sale of the property.
Our hourly rates
Bridget Redmond £235 + VAT
Robert Draper £230 + VAT
Suzanne O’Riordan £210 + VAT
Steve Diamond £210 + VAT
Hilary Banister £200 + VAT
Mary Young £200 + VAT
Dorcas Guillebaud £190 + VAT
Jamie Cook £190 + VAT
Heloise Brittain £140 + VAT
Can we help you?
We appreciate that we have set out a lot of information, as we are required to do by the Solicitors Regulation Authority. We are always happy to provide a detailed, bespoke fee estimate for you, after we have discussed the transaction with you, with no obligation upon you to subsequently instruct us. If you would like to find out more or would like to instruct us, please click here to request an estimate.