For further details on the services included in your transactions, please click here.
Fee Earner Charging Rates
| Zafer Armutlu | Grade | A | £310.00 |
| Mehmet Akbal | Grade | B | £245.00 |
| Fee earner/Assistant Solicitor/ Staff with equivalent Experience | Grade | C | £185.00 |
| Paralegals & Trainees whether Solicitor or Legal Executive | Grade | D | £166.00 |
Please see the below list for legal fees. Please note that VAT is charged at the government set rate
(which is set at 20% at the time of publishing):
Residential Conveyancing Fees:
Sale and Purchase Up To 750,000.00 (Freehold) £2,500.00 plus VAT
Sale and Purchase Over 750,000.00 (Freehold) £3,5000.00 plus VAT
Sale and Purchase Over 1,000,000.00 (Freehold) £5,000.00 plus VAT to £15,000.00 plus VAT
Re-mortgage up to 1m (Freehold) £2,000.00 plus VAT
Re-mortgage of 1m and over £3,000.00 plus VAT
Transfer of Equity £1,500.00 plus VAT
Lease Extensions (starting from) £2,500.00 plus VAT
If any of the above are for a Leasehold property, there will be an additional legal fee of £250.00 plus VAT.
If the Buyer is a Company (corporate) there will be an additional legal fee of £350.00 plus VAT on top of the fees quoted above.
Depending on your transaction, you may be required to pay stamp duty and you may also be required to pay land registry fees. The fees to be paid and the sum to be paid for stamp duty will vary in each transaction.
Below is a list of additional fees we may charge in a transaction. Please contact our offices and speak to one of our members of staff for a more detailed and tailored quote:
Acting for your Lender £200.00 plus VAT
Where the Lender is Separately Represented £500.00 plus VAT
Dealing with 3rd Party Solicitors £200.00 plus VAT
Head Lease Review £150.00 plus VAT for each Head Lease
Each Additional Management Company £50.00 plus VAT
Arranging Indemnity Insurance £50.00 plus VAT
Chain Transaction £100.00 plus VAT
New Build Surcharge £400.00 plus VAT
Restrictions on Title £100.00 plus VAT
Shared ownership £500.00 plus VAT
Gifts of Deposit £100.00 plus VAT for each gift
Unregistered title (Starting From) £300.00 plus VAT
Help to Buy Equity Loan £500.00 plus VAT
Help to buy ISA £50.00 plus VAT
Tenanted Properties (Review AST) £200.00 plus VAT
File Storage £30.00 plus VAT
Per Telegraphic Transfer £20.00 plus VAT
Bankruptcy and Priority Searches (Approx.) £10.00 No VAT
Digital ID Verification (Per Person) £20.00 plus VAT
Enhanced AML/Due Diligence Checks (Aprox) £100.00 plus VAT
Dealing with Service Charge Retention £150.00 plus VAT
Costs & Disbursements on Your Behalf and VAT thereon
Apart from legal fees as indicated above, there are other costs which you will incur in any residential transaction. These can vary depending on the type of transactions, such as whether you are selling a property or buying a property. Some costs do not have any VAT (such as stamp duty) whereas others are subject to VAT (such as searches). Here is an indicative list of usual costs and disbursements:
Land Registry Fee (No VAT)
This is dependent on the value of your property but allow between £135.00 – £550.00 being the most common bracket.
There is usually a fee payable to HM Land Registry for any application to change or update the register. For example, when buying a house, we must apply to the HM Land Registry to record you as the new owner and register the details of your mortgage. The fees payable vary and you are able to obtain further details here. The vast majority of our application are made online, which results in a lower fee payable by you.
For a calculation of Land Registry Fees, please click here.(https://fee-calculator.landregistry.gov.uk/)
Stamp Duty (No VAT)
This is dependent on the value of your property. This is a tax on property imposed by the government. There are varying rates of stamp duty and the amount you would be required to pay depends on your circumstances. A property being purchased for a buy to let or a second homeowner may be required to pay a higher rate. A first-time buyer would pay a lower rate. For further information on stamp duty rates, please either contact us or use the HMRC Stamp Duty Calculator.(https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intro)
Searches (Subject to VAT)
We would be required to carry our various searches in your purchase or in some cases remortgage transactions. Searches are usually provided by local authorities, utility providers (such as Thames Water) and other private search companies. Searches are usually subject to VAT. For example, a residential search pack which includes a local authority search, drainage search and environmental search would be approximately £370.00 to £450.00 inclusive of VAT. (this could vary from borough to borough)
Services Not Included
We have provided a comprehensive list of all services we provide above in compliance with SRA transparency rules. However, each transaction is unique and there may be some services which are not included in the fees quotes above. Where possible, we will try to establish this at the outset of the transaction, or we will let you know as soon as becoming aware of any services which you may need and which are not included in our costs. For further information please refer to the Services section of our website.
Further Comments on Costs
The above is only a general estimate of the overall costs and expenses in a typical transaction for sale and purchase and does not represent the final figure you may have to spend on the transaction. The above estimates do not take into consideration any fees you may have to, or wish to pay for the services of surveyors, valuer, architects, financial advisers, accountants and mortgage brokers etc. The final figure may need to be adjusted depending on the individual circumstances of your matter which may need revising once we have further details.
If your instruction is changed or additional instruction is given outside the scope of the previous instruction, then we can charge additional fees at an agreed further fixed cost or at our hourly rate.
Fixed costs are agreed subject to completion of this matter within 6 months. If the matter fails to complete within this period, then we can charge additional fees at our hourly rate.
What if the transaction does not complete?
It is fixed costs so even if the matter is not completed our fixed costs must be payable together with all the disbursements incurred up to the date.
Complaints Procedure
Hudson Morgan Williams Solicitors are committed to high quality legal advice and client care, therefore if something goes wrong, we need you to tell us about it. If you are unhappy about any aspect of the service you have received, please contact the fee earner dealing with your matter. If that does not provide the solution, please contact Mr Zafer Armutlu on z.armutlu@hmwlaw.co.uk or by post to The Grange, 5th Floor, 100 High Street, London N14 6BN, who will be available if the matter cannot be resolved to the satisfaction of both you and this firm. You may request to see our
Complaints Handing Policy.
If we are unable to resolve your complaint within eight weeks after you have brought it to our attention, then you can have the complaint independently looked at by the Legal Ombudsman, an independent complaints body, established under the Legal Services Act 2007, that deals with legal services complaints.
Legal Ombudsman limitation data
A complaint to the Legal Ombudsman must be made:
- Within six months of receiving our final response to your complaint; and
- No more than one year from the date of the act or omission being complained about; or
- No more than one year from the date when you should reasonably have known that there
was cause for complaint.
The Legal Ombudsman’s address and contact details are:
PO Box 6167
Slough
SL1 0EH.
Phone: 0300 5550333
Website: https://www.legalombudsman.org.uk/
Email: enquiries@legalombudsman.org.uk
What to do if you are unhappy with our behaviour
- The Solicitors Regulation Authority (‘SRA’) can help if you are concerned about our behaviour. This could be for things like dishonesty, taking or losing your money or treating you unfairly because of your age, a disability or other characteristic.
- Visit their website to see how you can raise your concerns with the SRA at: https://www.sra.org.uk/consumers/problems/report-solicitor/
