MENU
At Waller Pollins Goldstein our dedicated legal team provide a professional and friendly service to all our clients. Irrespective of the complexity and value of the transaction, clients can be rest assured, that they are important to us.
We always seek to provide our clients with a clear understanding of the service we provide and the likely cost. Being transparent in our costs, helps foster a lasting relationship with all our clients. Perhaps this is why such a high proportion of our clientele come back, time and time again.
A comprehensive guide to court fees can be found here*
*This guide is not maintained by WPG, and the firm does not take responsibility for the accuracy of its content.
Our fees cover all the legal work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and the payment of Stamp Duty Land Tax (SDLT) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.
Conveyancer’s fees
Legal fee for purchases under £1m – £1,250.
Over £1m – POA.
Disbursements
Disbursements are costs related to your matter that are payable to third parties, such as the Land Registry and search companies. We handle the payment of the disbursements on your behalf to ensure a smoother process. When purchasing a property, disbursements are usually limited to –
This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC’s website
https://www.gov.uk/stamp-duty-land-tax
*The estimated total for a purchase is the sum-total of our legal fees and the Disbursements plus VAT.
How long will my house purchase take?
How long it will take from your offer being accepted until you can move in to your house will depend on several factors. The average process takes between 8-12 weeks.
It can be quicker or slower, depending on the number of parties in the chain. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle, it could take 8 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 2 and 3 months. In such, a situation additional charges would apply.
Stages of the process
The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below are the key stages that are usually included: –
*Where a member of our experienced conveyancing team foresees a complexity with your purchase, they will discuss this with you and how this will impact your matter and how it could increase the fees.
Our fees cover all the work* required to complete the sale of your home, including discharging any mortgages on the property, paying the estate agents and paying to you the balance.
Conveyancer’s fees
Legal fee for purchases under £1m – £1,250.
Over £1m – POA.
Disbursements
Disbursements are costs related to your matter that are payable to third parties, such as Land Registry. We handle the payment of the disbursements on your behalf to ensure a smoother process. When selling a property, disbursements are usually limited to –
Registered titles
Sometimes the registered title will state that the property is affected by provisions contained in a document which is filed at the registry – this is common with houses which were originally built by a developer as part of an estate. We may have to obtain a copy of any such document, for which the registry makes an additional charge. HM Land Registry fees are determined by the Land Registry and can be found at https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
The estimated total for a sale is the sum-total of our Conveyancers fees and the Disbursements plus VAT.
How long will my house sale take?
Once you have secured a purchaser for your property the average process takes between 8-12 weeks.
It can be quicker or slower, depending on the parties in the chain. For example, it will depend upon how many are in the chain.
What are the usual steps taken to sell a property?
*Where a member of our experienced conveyancing team foresees a complexity with your sale, then they will discuss with you how this will impact your matter and how it could increase the fees.
As a borrower who is remortgaging your property, you will usually need a solicitor to handle the legal side of the transaction. We will handle the paperwork and arrange for the transfer of funds once the remortgage is complete.
The fee for a remortgage is usually £800 +VAT.
The purchase or sale of a lease hold property will usually result in additional steps to be undertaken which may increase legal fees. A breakdown of these fees will be provided as necessary.
Waller Pollins Limited T/A Waller Pollins Goldstein has had to cease trading and has appointed Joint Liquidators, Sean Bucknall and Andrew Hosking from Quantuma Advisory Limited to assist with winding up the Company’s affairs.
Please direct any queries in the first instance to Edward Allingham ([email protected]) at Quantuma Advisory Limited, 3rd Floor, 37 Frederick Place, Brighton, East Sussex, BN1 3XB.