Fees – Remortgage a Residential Property

Our Team

Our team is made up of two experienced Solicitors. The team is supervised by Leona Bulmer (Partner/Member).

Legal Fees

Our fees cover all the work required to complete the mortgage/remortgage of your registered property, including dealing with registration at the Land Registry.

Conveyancing Fees and Disbursements

Conveyancing – £478.00 – £540.00 (including VAT). This depends on the value of the property. Our hourly rate is £160 per hour plus VAT.


Value of Property           Legal Fee
£200,000.00                   £780.00 including VAT
£300,000.00                   £540.00 including VAT
Above £300,000            price on application

Leasehold Fee (House)                  £60.00 (including VAT)
Leasehold Fee (Flat)                       £420.00 (including VAT)
Leasehold Flat above 11m            £660 including VAT
Leasehold Flat above 18 m           £1200 including Vat
Accounts Administration Fee       £42.00 (including VAT)
Transfer of Equity                           £200.00 (including VAT)
Buy to let Fee                                  £120 (including VAT)
Shared ownership                         £300 inc vat
Redemption of mortgage             £60 including Vat
Deed of Variation                          £300 including VAT
SDLT return                                    £50 plus VAT (for transfer of Equity case


Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

The likely Disbursements are:

  1. Land Registry search fees £3.00 plus VAT
  2. Local Search, Water & Drainage Search, Environmental Search £135.00 (including VAT)If required by your lender or it may be possible to use an indemnity insurance policy in place of full searches – costs to be advised
  3. Bankruptcy Search fee £2.00 per client Plus VAT
  4. Anti Money Laundering/ ID Search £15.00 per client (plus VAT)
  5. HM Land Registry fee £20.00-£50.00 (depending on the value of the property). You can calculate the amount of Land Registry fees by using the Land Registry’s website at www.landregistry.data.gov/feescalculator
  6. LMS fee £42.00 approx (including VAT) varies depending on lender
  7. Companies house fee if applic approx. £24.00 plus Vat
  8. Management pack from Management company and /of Freeholder – to be confirmed

Referral Fee (if any)

If you are referred to us we may pay a referral fee. Full information will be provided to you in our client care information. Any referral fees are payable by us and not by you.

We have outlined an estimate of costs above. If you wish to discuss your case then please contact us and we will be able to provide a specific costs estimate for your matter. If you decide to instruct us then full costs information will be given at the beginning of your matter.

Stages of the Process

The precise stages involved in the purchase of a residential leasehold property vary according to the circumstances. However, the following are some key stages: –

• Take your instructions and give you initial advice
• Check finances are in place and contact lender’s solicitors if needed
• Carry out searches (if applic) and check title
• Make any necessary enquiries
• Give you advice on all documents and information received
• Go through conditions of mortgage offer
• Prepare a mortgage report
• Obtain redemption figure
• Request funds
• Complete mortgage/remortgage
• Deal with application for registration at Land Registry

How long will my mortgage/remortgage take?

The average process takes between 2-4 weeks.

Our Fee assumes that:

• This 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
• The transaction is concluded in a timely manner and no unforeseen complication arise
• All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
• No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.