Property

Property (V01.22)

We offer legal advice and assistance in the sale and purchase of residential and commercial property, including land, garages, shops, and businesses at a very competitive fee.

For our client’s convenience and peace of mind we offer the following facilities:-

• Extended opening hours
• Weekend appointments, if possible
• Prompt call before & after every key stage
• Competitive Fees
• E-mail and call return as soon as possible
• Information given in a clear and simple manner, minimising legal jargon
• Shariah compliant services
• Our conveyancing work is undertaken by dedicated and experienced solicitors and caseworkers

We are authorised and regulated by the Solicitors Regulation Authority so your transaction is always protected. All conveyancing matters are either dealt with or supervised by Mr Fida Chaudhary who is a director and solicitor in the firm and he has over 20 years of legal experience.

We normally work on a fixed fee basis in conveyancing matters. Our fees are dependent on the type of work undertaken and the circumstances of the case. Please see below our fees for more details.

*If the value of the property is more than £500,000 then our fee will be increased by £100.00 per additional £100,000.00  increase in purchase price.

*For all conveyancing transactions (residential and commercial) we will charge an additional £100.00 per additional Vendor/Purchaser/Landlord.

*If we are required to deal with a Rent Deposit Deed, Head Lease, Deed of Covenants we will charge additional £200.00 – £500.00 plus VAT.

* *If underlease is involved our fee will be additional £500.00 plus VAT.

*Our fees are based on the assumption that the transaction is standard transaction and falls within our anticipated time to be spent which is as follows: in Residential conveyancing: Freehold sale 3-4 hours, Freehold purchase 3-4 hours, transfer without consideration up to 2 hours, Leasehold sale 4-5 hours and Leasehold purchase 5-6 hours. In commercial transactions: assignment of Lease acting for the Seller 4-5 hours, acting for the Tenant for assignment and grant of new Lease 5-6 hours and acting for the Landlord for grant of new Lease 4-5 hours. Furthermore, we anticipate that there are no unforeseen matters arising 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 complications arise. All parties to the transaction are co-operative and there is no unreasonable delay. No indemnity policies are required. The property is registered. We are not required to deal with Notice to Complete. If the work does not fall within the above assumption then any additional work will be charged on hourly rates stated below or in our Client Care Letter.

**Disbursements – Disbursements are costs related to your matter that are payable to third parties. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the Property. Some of the disbursements which we anticipate will apply are set out separately below.

• HM Land Registry fee for Office Copies: £3.00 – £4.20 per document
• HM Land Registry fee for priority: £3.00
• HM Land Registry fee registration: This depends on the purchase price of your property. You can calculate the amount you will need to pay by using the link https://www.gov.uk/guidance/hm-land-registry-registration-services-fees
• Stamp Duty or Land Tax: This depends on the purchase price of your property. 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 here.
• Anti-Money Laundering Check fee: £11- £18 per person

This list is not exhaustive and other disbursements may apply depending on the transaction, however we advise you on the specific fees upon instruction.

If any of the above work is undertaken on an hourly basis that our standard hourly rates are as follows:-