For most areas of work we carry out, you will be provided with either a written estimate of fees and outlays, or otherwise written confirmation of the basis on which we shall charge you fees for a particular matter depending on the time spent carrying out the work or on some particular scale of charges appropriate to the type of work. In assessing the fees we take into account a number of important factors, including: the value of the transaction, the complexity and difficulty of the matter, the skill, knowledge and responsibility involved, the urgency of the matter and the place where we are required to carry out the work. We are happy to tell you at any time what the fees are to date. A partners time is charged at £300 per hour, solicitors time at £220 per hour and a paralegals time at £120 per hour, unless otherwise stated below or in our Terms of Business. All fees will have VAT at the prevailing rate charged in addition to the fee..
We have listed below our standard fees for various types of work. Outlays will be chargeable in addition to these fees, and where possible will be intimated at the outset of your transaction. The fees listed below are an indicative of a standard transaction in each case. If the work turns out to be more complicated or takes longer than we anticipated then we may require to increase our estimate to take account of this. We will inform you as soon as possible about this.
Conveyancing
Residential Sale or Purchase
|
House Price |
Base Fee (exclusive of VAT) |
|
Up to £250,000 |
£800 |
|
Up to £400,000 |
£900 |
|
Up to £650,000 |
£1000 |
|
Up to £750,000 |
£1,200 |
|
Over £750,000 |
Up to 0.20% of purchase price |
Other residential conveyancing work (exclusive of VAT)
|
Remortgages |
£650 |
|
Transfer of Title (no mortgage) |
£850 |
|
Transfer of Title and Remortgage |
£1000 |
|
Discharge of Security |
£300 |
Additional fees for Conveyancing (exclusive of VAT)
|
New Build |
£150 |
|
Discharge and Repayment of Second Secured Loan |
£200 |
|
Electronic payment of funds |
£30 per transfer |
|
Statutory Declaration for a gifted Deposit & Gifted Deposit Letter |
£150 |
|
Dealing with unauthorised alterations |
Hourly rate of the fee earner per terms of business with a minimum of £100 |
|
Reclaiming funds from Revenue Scotland |
£150 |
|
Personal Guarantee Advice (individual) |
£300 |
|
Returning Identification documentation by Recorded Delivery post, if requested |
£5 |
|
Shared Equity documentation or Help to Buy purchase |
£300 |
|
Help to Buy ISA or LISA |
£150 |
|
Discharge of each Inhibition |
£150 |
|
Reviewing Residential Tenancy Documentation |
£150 |
|
Liaising with any third party solicitor |
£250 |
|
Remedying title defects, defects intimated after settlement or other work not specifically described in these additional services |
Hourly rate of the fee earner per terms of business |
|
Dealing with Mortgage Websites if appointed by your lender |
£50 |
|
Payment of third party accounts e.g. estate agent account; solicitors etc. |
£30 |
|
Arranging an Energy Performance Certificate, if not part of a Home Report |
£100 |
|
Dealing with any uncashed cheques issued to you after 6 months |
Up to £20 per cheque |
|
Expedition of loan if mortgage papers received less than seven working days prior to settlement |
£250 |
|
Electronic ID Verification |
£20 for each person |
|
Company beneficial owners verification and sanction check |
£45 for each Company |
|
Verifying Source of funds if from more than one account |
Hourly rate of the fee earner per terms of business, minimum of £75 |
Private Client
|
Work type |
Fee (exclusive of VAT) |
|
Power of Attorney (single) |
£300 |
|
Power of Attorney (mirror, two people) |
£500 |
|
Will (basic) |
£200(though see Cancer Research Scheme for free Will service) |
|
Wills (basic, mirror, two people) |
£300(though see Cancer Research Scheme for free Will service) |
|
Wills (complex, estate planning) |
Estimate given on request |
|
Notarisations |
£50 per document |
|
Home or Hospital visits |
Will vary depending on location and time spent. Estimate can be given on request |
|
Discretionary Trust |
£2000 |
EXECUTRY MATTERS
Due to the wide variation in the scope of work involved in winding up of an estate, please contact us directly to request a fee estimate.