Equity Release - Price ListENG

Overview

Our fixed fees are based upon the value of the property. Because of this, we can provide you with a reliable estimate of our costs as soon as we have details of your intended transaction.

The following costs are based upon a typical transaction without unexpected complications. If a case does experience any unforeseen complications, or issues, we will always advise you immediately, and fully discuss any potential impact on price before any additional charges are incurred.

Our fees include dealing with registration at the Land Registry and paying of Stamp Duty Land Tax (SDLT) if applicable. If you are purchasing your home with a mortgage, your lender will require searches. Our search pack includes the Official Local Authority Search; a Drainage and Water Search; a Landmark – Homecheck Environmental Report; and a No Search Chancel Indemnity up to £1M.

There will also be other charges that we will have to pay on your behalf. These include a Bankruptcy search on each purchaser, and Anti-Money Laundering (AML) search, a protection search fee with the Land Registry, then post completion SDLT and a Land Registry Fee.

The process can take between 12 and 18 weeks and is chain dependent. We will keep you informed at every step of the process. We are a modern firm with traditional values and pride ourselves on providing excellent customer service.

Services

Service Price
Equity Release £900.00 Excluding VAT

Disbursements

Equity Release

Disbursement Price
Telegraphic Transfer fee (per transaction) £36.00 Including VAT
Searches Pack (prices may vary depending on location) £300.00 Including VAT
Bankruptcy Search (per person) £2.40 Including VAT
AML (digitial) Per person £18.80 Including VAT
Insolvency Policy (TOE) £120.00 Including VAT
Search Indemnity Policy £20.00 Including VAT
Priority Search fee £3.60 Including VAT
SDLTThe stamp duty rate ranges from 2% to 12% of the purchase price, depending upon the value of the property bought, the purchase date and whether you are a multiple home owner. £0.00 Including VAT
Land Registry FeeThe fee would vary dependent on the price for your property. £20.00 – £1,105.00 Including VAT
Lender Portal Fee £30.00 Including VAT

Key Stages and Timescales

Equity Release

Key Stage Timescale
Approximate time to completion 12 – 18 week(s)

Professionals

Nikkita Haywood

Solicitor

Qualification Educational Institution
Solicitor NA
Areas of Law Practiced Experience Time Spent
Conveyancing 5 year(s) 100%

Jennifer Coath

Conveyancing Executive

Qualification Educational Institution
Conveyancing Executive NA
Areas of Law Practiced Experience Time Spent
Conveyancing 20 year(s) 100%

Kirsty Andrew

Conveyancing Executive

Qualification Educational Institution
Conveyancing Executive NA
Areas of Law Practiced Experience Time Spent
Conveyancing 10 year(s) 100%

Sharon Galley

Head of Property

Qualification Educational Institution
Licensed Conveyancer TBA
Areas of Law Practiced Experience Time Spent
Residential conveyancing 5 year(s) 100%