At Timms, we believe in complete transparency and strive to ensure that all of our clients know exactly what to expect before starting the residential conveyancing process with us.
Our conveyancing services are charged on a fixed fee basis to give you peace of mind and our online conveyancing fee calculator will give you a tailored quote based on the property value, type and whether or not it is freehold.
Detailed below are a list of fees which may or may not be applicable to your transaction. Our team will inform you if they apply.
Conveyancing Additional Fees
| Additional Matter | Cost (plus VAT) |
|---|---|
| Leasehold Purchase | £500 |
| Retirement Leasehold Purchase | £400 |
| Leasehold Sale | £300 |
| Leasehold Transfer of Equity/Assent | £250 |
| New Build Purchase | £1,000 |
| Unregistered Land | £300 |
| Freehold Purchase with a Management Company | £300 (per management company) |
| Gifted Deposits | £200 (per giftor) |
| Deeds of Variation | From £500 |
| Use of a Help to Buy ISA | £50 per ISA |
| Use of a Lifetime ISA | £100 per ISA |
| Purchase by a Company with a Mortgage | £400 |
| Sale with Help to Buy Redemption | £250 |
| Corresponding with a separately represented Lender | £400 |
| A transaction involving a Power of Attorney | £200 |
| Bespoke Contract Riders/Conditions | From £150 |
| Reviewing a revised or new mortgage offer with new lender | £100 per offer |
| Reviewing Homebuyers Survey | £100 |
| Complex Source of Funds Investigations | £250 |
| Porting Equity Release/Lifetime Mortgage to new Purchase | £400 |
| Additional Bank Transfers | £40 |
| Redeeming Additional Mortgages | £125 per lender |
| Reviewing Additional Titles | £150 per title |
| Preparing Sale Auction Packs | £200 |
| Council Care Fee Undertaking | £200 |
| Where Correspondence with Additional or Third Parties is Required | £200 |
| Deeds of Covenant | £100 |
| Home Visits | £100 within 5 miles £150 within 5-10 miles £200 within 10-20 miles |
| Key Undertakings | From £150 |
| Corresponding With Occupiers | £90 per occupier |
| Transactions Involving a Rent charge | £250 |
| Dealing with Restrictions, Cautions or Notices | £150 (per entry) |
| Retentions | £100 (per 6 months retention) |
| Transactions Involving Septic Tanks | £200 |
| Transactions with Solar Panels - Leased or Owned Outright | £250 |
| Statutory Declarations/Statements of Truth | £150 (per declaration/statement) |
| Amending or Upgrading Title | £100 (per title, per issue) |
| Transactions Involving Tenancies/Buy-to-Let | £200 |
| Transfers or Sales of Part | From £400 |
| Due Diligence Fee | £30 |
Abortive Fees
If the transaction fails to complete, then we will charge for the work carried out on your matter. We will charge the following abortive fees for each of the following stages of the transaction which have been undertaken. This will be calculated based on the quote provided.
Purchase
| Following the review and reporting of the Contract Pack together with the raising of enquiries as necessary | 40% |
| Following the review and reporting on your mortgage offer | 10% |
| Following the review and reporting on your Searches | 10% |
| Following the review and reporting on the replies to any enquiries raised | 15% |
| After your file has been prepared for Exchange of Contracts | 15% |
Sale
| Following the preparation and issuing of the Contract Pack | 35% |
| Following the review and responding to any enquiries raised | 35% |
| After your file has been prepared for Exchange of Contracts | 20% |
Transfer of Equity/Remortgage
| Following the review of the Title Documentation | 30% |
| Following the review and reporting on your Searches | 15% |
| Following the review and reporting on your Mortgage Offer | 15% |
| After your file has been prepared for Completion | 30% |
If you have any questions or queries, our team are here to help.
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