Newport: 01633 213411
Abergavenny: 01873 857555
Ebbw Vale: 01495 302109

Gartsides Solicitors

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Property Fees

Our Fees on Sales, Purchases and Remortgages of Residential property


Our fees cover all of the work required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.


Please see the attached fee scale (downloadable below) which sets out our basic fees for standard matters and also the “Disbursements” that apply on almost all sales and purchases. Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. It is not possible to list all of the Disbursements that may arise with residential conveyancing.


Gartsides Solicitors PURCHASE FEE SCALE
Gartsides Solicitors SALE FEE SCALE
Gartsides Solicitors REMORTGAGE FEE SCALE


We attach a list of approximate charges for non-standard matters. This list is not intended to be exhaustive. We encourage you to call us to so that we can take the information that we will need to determine which (if any) of the non-standard matters will apply.


Gartsides Solicitors PURCHASE NON-STANDARD MATTERS FEE SCALE

Gartsides Solicitors SALE NON-STANDARD MATTERS FEE SCALE

Gartsides Solicitors REMORTGAGE NON-STANDARD MATTERS FEE SCALE


For our Abergavenny office please call 01873 857555 between 9am-5pm.

For our Newport office please call 01633 213411 between 9am-5pm.

For our Ebbw Vale office please call 01495 302109 between 9am-1pm or between 2pm-5pm.


Stamp Duty or Land Tax (on purchases)


This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website the link to which is; https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales  by using the Welsh Revenue Authority's website the link to which is; https://lttcalculator.wra.gov.wales/


How long will my house sale/purchase take?


How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 2 to 3 months. However, the process can be quicker or slower, depending on the parties in the chain. There are numerous factors that can affect the timescale and many transactions take longer or less than the average timescale.


This timescale may be affected by any of the non- standard matters referred to above, difficulties in the chain or due to the requirements of any parties in the transaction. Please note that these timescales are estimates only and each case will vary accordingly. We are not able to discuss accurate exchange and completion dates until ALL legal advisors in the chain have confirmed their position that they are ready to proceed to exchange. It is therefore important that discussions about dates do not take place prematurely between individuals and estate agents without the legal advisors confirming that it is the appropriate time to do so. This is in your interests as we are fully aware that the movement of dates can cause anxiety and make it appear that your transaction is not progressing smoothly. In most situations this is not the case, but is due to the fact that dates have been discussed prematurely.


Stages of the Purchase process


The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:


  • Take your instructions and give you initial advice
  • Check finances are in place to fund purchase and contact lender's solicitors if needed
  • Receive and advise on contract documents
  • Carry out searches
  • Obtain further planning documentation if required
  • Make any necessary enquiries of seller's solicitor
  • Give you advice on all documents and information received
  • Go through conditions of mortgage offer with you
  • Send final contract to you for signature
  • Agree completion date (date from which you own the property)
  • Exchange contracts and notify you that this has happened
  • Arrange for all monies needed to be received from lender and you
  • Complete purchase
  • Deal with payment of Stamp Duty/Land Tax
  • Deal with application for registration at Land Registry

Stages of the Sale process


The precise stages involved in the purchase of a residential property vary according to the circumstances. However, below we have suggested some key stages that you may wish to include:


  • We take your instructions and give you initial advice
  • We carry out proof of identity checks and sends out a fittings and contents form and property information form(s) for completion. If the property is leasehold, additional information will be required.
  • You then complete fittings and contents form and property information form(s).
  • We seek to obtain title deeds from deeds holder or official copies of the title register and any other documents required by The Land Registry and details of the amount outstanding on any existing mortgage.
  • We prepares the draft contract and supporting contract documentation and sends to the buyer’s Conveyancer.
  • Buyer’s Conveyancer checks the contract and supporting contract documentation and raises pre-contract enquiries with the seller’s Conveyancer.
  • We assist you to answer pre-contract enquiries.
  • Buyer’s Conveyancer confirms they have acceptable results from their searches, are happy with the answers to pre-contract enquiries and are in receipt of a mortgage offer (if any).
  • Seller and buyer agree on a completion date (with the assistance of Solicitors and Estate Agents) and contracts are formally “exchanged” - meaning both parties are legally committed to the transaction. Seller’s Conveyancer will obtain a settlement figure to repay the outstanding amount on any existing mortgage, if applicable. Buyer’s Conveyancer drafts a transfer deed and sends to the Seller’s Conveyancer.
  • We check the transfer deed and sends to the seller for signature in readiness for completion.
  • On completion the seller must vacate the property at a time to be agreed and make arrangements to hand over the keys, usually through the estate agent. Buyer’s Conveyancer will send the proceeds of sale to the seller’s Conveyancer and the seller’s Conveyancer will arrange for the keys to be released to the buyer. The seller’s Conveyancer sends the title deeds and transfer deed to the buyer’s Conveyancer together with an undertaking to use the proceeds of sale to discharge any existing mortgage. The seller’s Conveyancer then pays the estate agent (if one was used), repays the amount owing to the existing mortgage lender (if applicable) and takes payment for their Conveyancing service costs.
  • Once all the payments have been made all the remaining money from the sale will be transferred to the seller, usually by bank transfer on the day of completion or the day after.