We aim to be totally transparent when it comes to our fees and the costs you may incur and as such the details below set out clearly our fees and the associated costs involved in the purchase of a 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.
Thank you for contacting Chester & Co. Please see below for your quote:
In the event that we are not on the panel for the lender you choose to use for your mortgage, if applicable, there will be an additional £480 + VAT; please see the attached list of approved lenders.
If your mortgage lender is Santander, we will not be able to act for you at all.
HM Land Registry fee fees can be checked at http://landregistry.data.gov.uk/fees-calculator.html but may typically include Official Copies, Priority Searches and Land Charge Searches
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.
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.
These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.
You should also be aware that ground rent and service charge 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
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 6 to 8 weeks.
It can be quicker or slower, depending on the parties in the chain.