Residential Conveyancing Price Transparency Statement
Introduction
At NBB Waldrons, we provide clear and transparent pricing for residential conveyancing services. Below you will find information about our prices.
The exact cost of your matter will depend on the type of transaction, property value, location, tenure (freehold or leasehold), and any complexity involved. Unless stated otherwise, VAT is charged at the prevailing rate (currently 20%).
1. What our conveyancing costs include
- Legal Fees – Our charges for the legal work we carry out.
- Disbursements – Payments made to third parties on your behalf, such as Land Registry fees, search fees, and management pack fees.
- Stamp Duty Land Tax (SDLT) – Applicable to purchases only.
2. Our Legal Fees by Transaction Type
Freehold Sale
£1,147 – £1,569 plus VAT depending on value/complexity
Included in this fee:
- Taking your instructions and opening the file
- Reviewing title documentation
- Preparing contract documentation
- Responding to enquiries
- Liaising with buyer’s solicitors
- Exchanging contracts
- Completing the sale
- Redeeming any mortgage (if applicable)
- Accounting to you for sale proceeds
Freehold Purchase
£1,222 – £1,604 plus VAT depending on value/complexity
Included in this fee:
- Taking instructions and opening the file
- Reviewing draft contract papers
- Raising legal enquiries
- Reviewing search results
- Reviewing mortgage instructions (if applicable)
- Reporting to you on title
- Exchanging contracts
- Completion
- Submitting SDLT return
- Registration at HM Land Registry
Leasehold Sale
£1,298 – £1,720 plus VAT depending on value/complexity
Included in this fee:
All work listed under a freehold sale, plus:
- Review of lease documentation
- Additional leasehold enquiries
- Liaison with managing agents/freeholders
Leasehold Purchase
£2,233 – £2,865 plus VAT depending on value/complexity
Included in this fee:
All work listed under a freehold purchase, plus:
- Reviewing lease terms
- Reviewing management information
- Advising on leasehold obligations, service charge and ground rent
Remortgage
£800 plus VAT
Included in this fee:
- Reviewing mortgage instructions
- Investigating title
- Obtaining redemption figures
- Redeeming existing mortgage
- Registering lender’s new charge at HM Land Registry
3. Additional Charges That May Apply
| Examples of Potential Additional Work that may be required in a transaction | Typical Fee (Excl. VAT) | When This May Apply |
| Telegraphic transfer fee | £40 per transfer | Where funds must be sent electronically |
| New build purchase | £850 | Purchase of a new build property |
| Shared ownership sale | £200 | Sale of a shared ownership property |
| Shared ownership purchase | £300 | Purchase of a shared ownership property |
| Limited Company Sale | £200 | Property already owned by a limited company |
| Limited Company Purchase | £250 | Property to be owned by a limited company |
| Help to Buy Mortgage to be discharged | £50 | When a Help to Buy Mortgage is in place |
| Help to Buy Mortgage being used | £351 | When a Help to Buy Mortgage is being used to purchase a property |
| Declaration of Trust | £250 | To set out how the property is owned, if there is a non-standard ownership. |
| Company Remortgage | £500 | Remortgages involving a limited company |
| Help to Buy Remortgage | £300 | Remortgages involving a Help-to-Buy mortgage |
If you have a mortgage on the property or have incurred an estate agent’s fee money we would also typically need to pay the money owed directly to your lender and agent as needed from the sale money we receive for you.
You should also be aware that if you are purchasing a leasehold property then ground rent and service charges are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.
We will always notify you before undertaking additional chargeable work where possible.
4. Likely Disbursements
Disbursements vary depending on the transaction, you can find some typical examples below.
Standard Purchase Disbursements (Typical)
| Disbursement | Typical Cost |
| Search fees | Approximately £295 including VAT |
| HM Land Registry registration fee | £20 – £830 (varies depending on the value of the property), no VAT charged |
| Land Registry priority search | £7 plus VAT |
| Bankruptcy search (if mortgage) | £7 plus VAT |
Standard Sale Disbursements (Typical)
| Disbursement | Typical Cost (Excl. VAT) |
| Office Copy Entries / Title Plan | £7 per document |
| Archive / retrieval fees (if applicable) | £15 for Archiving, £30 for a File Retrieval from Archiving |
Leasehold Disbursements (Common Examples)
These are ordinarily set by freeholders or managing agents and are outside our control:
| Disbursement | Typical Cost (Excl. VAT) |
| Notice of Transfer (this is chargeable if set out in the lease) | £100 – £450 |
| Notice of Charge (if the property is to be mortgaged) | £100 – £450 |
| Deed of Covenant (charged by the Management Company) | £100 – £450 |
| Certificate of Compliance (to be confirmed upon receipt of the lease, payable to the freeholder’s managing agents) | £150 – £450 |
| Leasehold Management Pack (when selling a leasehold property) | £450 – £1,000 |
Remortgage Disbursements
Typically limited to Land Registry and search-related fees.
Leasehold remortgages may also incur:
- Notice of Charge fees
- Deed of Covenant fees
- Certificate of Compliance fees
5. Stamp Duty Land Tax (SDLT)
If purchasing property, SDLT may be payable in addition to legal fees and disbursements. You can calculate the amount you will need to pay by using HMRC’s website (or if the property is located in Wales by using the Welsh Revenue Authority’s website).
The amount depends on:
- Purchase price
- Whether this is your first home
- Whether it is an additional property
- Applicable reliefs or surcharges
We prepare and submit the SDLT return as part of our standard purchase fee.
6. Illustrative Pricing Examples
Final fees depend on complexity, tenure, value, and third-party costs. These examples are illustrative only and are not fixed quotations.
Example 1 – Sale of a Freehold Property (£250,000)
| Cost | Amount |
| Legal fee VAT | £1,147 £229.40 |
| ID fee VAT | £10 £2 |
| Telegraphic transfer fee VAT | £35 £7 |
| Office copy entries x 2 VAT | £14 £2.80 |
| Archive fee VAT | £15 £3 |
| Estimated Total | £1,465.20 |
Example 2 – Sale (£180,000) and Purchase (£200,000)
| Cost | Amount |
| Sale legal fee Purchase legal fee VAT | £1,147 £1,222 £473.80 |
| Search fees | £295 |
| ID check fee VAT | £10 £2 |
| Telegraphic transfer fees x 2 VAT | £70 £14 |
| Office copy entries x 2 VAT | £14 £2.80 |
| Land Registry search VAT | £7 £1.40 |
| Bankruptcy search VAT | £7 £1.40 |
| SDLT | Subject to prevailing rates |
| Estimated Total | £3,267.40 plus SDLT |
7. Timescales
Typical sale or purchase: 8–12 weeks.
Some matters may take longer, including leasehold transactions, chains, title issues, or new build purchases. It can be quicker or slower, depending on the parties in the ‘chain’. For example, if you are a first-time buyer, purchasing a new build property with a mortgage in principle and the transaction goes smoothly it could take as little as 6 weeks. However, if you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months.
8. What Could Increase Timescales or Costs?
Examples include:
- Delays from managing agents
- Complex leasehold provisions
- Mortgage lender requirements
- Boundary disputes
- Unregistered land
- Defective title
- Probate sales
- Gifted deposits
- Shared ownership arrangements
9. Who Will Handle My Matter?
Your matter will be dealt with by an experienced member of our residential conveyancing team, including qualified solicitors and experienced conveyancing professionals.
You will be told who is handling your matter at the outset.
All work is supervised by senior lawyers, including:
Belinda Hill, Director & Solicitor, Residential Conveyancing with 19 years PQE
10. Bespoke Quotes
Because every transaction differs, we recommend obtaining a tailored quotation before proceeding. Please contact:
Kate Senior
Email: Kate.Senior@nbbwaldrons.co.uk
Telephone: 0333 016 1100