Fees on Residential Purchase

...from  Kaslers Solicitors LLP

Print out this page and build up a costing from the information below 

*A lot more work is involved if you are buying a "New Build -Off the Plans" than if you are buying an Existing Property that is already built

Price from·	To·	New-build Fees*	Existing Property Fees	Total
£	£	£	£	£
0	100,000	600	500
100,001	300,000	700	600
300,001	500,000	800	700
500,001	800,000	1100	900
800,001	1,000,000	1650	1450
1,000,001	1,500,000	2250	1750
1,500,001	3,000,000	3500	2750
Mortgage Advance		£
0	100,000	150	>>>
100,001	300,000	175	>>>
300,001	500,000	200	>>>
500,001	800,000	300	>>>
800,001	1,000,000	400	>>>
1,000,001	1,500,000	500	>>>
1,500,001	3,000,000	900	>>>
ADD IF
...the Property is leasehold		200	>>>
...you are selling and moving at the same time		50	>>>
...the  land is unregistered land (unlikely in London and Kent )		200	>>>
...the Property comprises more than one title - per title		50	>>>
Bank fee		15		15
SUB-TOTAL			>>>
VAT@ 17.5%			>>>
TOTAL			>>>
STAMP DUTY LAND TAX is paid on the whole of the purchase price at the following rates
Price from·	To	Percentage
0	125,000	Nil	>>>
125,001	250,000	1%	>>>
250,001	500,000	3%	>>>
500,001	and above	4%	>>>
HMLR Fees
Price from·	To·	Fee
0	50,000	50	>>>
50,001	80,000	80	>>>
80,001	100,000	130	>>>
100,001	200,000	200	>>>
200,001	500,000	280	>>>
500,001	1,000,000	550	>>>
1,000,001	and over	920	>>>
EXPENSES		£
Local Authority fee - varies between authorities, say		175	>>>
Land Registry Search fee		8	>>>
Bankruptcy Search (per name)		2	>>>
Landlord's  fees, if leasehold		Unknown	>>>
Drainage Search, say		55	>>>
Fees for Contaminated Land, Environmental and Chancel searches		60	>>>
			TOTAL

Money on account