OUR FEES

We offer a wide range of fee arrangements

At Wright & Lord we have a wide range of services and a wide range of clients and so we offer a wide range of fee arrangements.

With many of our services, we can give you a fixed and agreed price in advance, so there will be no nasty surprises when the bill arrives!

Some of our other services are charged for on an hourly rate basis (see Our Hourly Rates below). In these cases, clients are naturally concerned that fees could escalate out of control. To make sure that doesn’t happen we do the following:

  • Provide you with an estimate wherever possible
  • Fix a price for a set amount of work
  • Limit the costs incurred during a certain period of time
  • Report on costs incurred at regular stages agreed in advance.

But remember, every case is different and wholly unique. We would rather discuss fees with you in advance so there are no surprises or misunderstandings at a later date.

Please note we are obliged by regulations to carry out an ID and AML for each of our clients costing £25 per person plus VAT.

At the moment our hourly rates are as follows:

  • Tier 1 – £380 plus VAT
  • Tier 2 – £340plus VAT
  • Tier 3 – £220 plus VAT

We are legally obliged by Government Regulations to carry out ID and AML checks on all of our clients before we can carry out any work on their behalf. Once done, these checks last for two years and then will have to be re-done if we continue acting for a client.

Please note there is a charge £25 plus VAT per person. For overseas clients, the charge is £35 plus VAT per person.

If you have a company we are acting for, there will be a company ID check fee of £40 (plus VAT) plus an ID & AML check for each shareholder/director at £25 each (plus VAT)

Our charges for electronic transfers are £60 plus VAT. International transfers are £130 plus VAT.

Our Fixed Fees

Application for Grant of Probate only with form IHT205 – £1,750

Application for Grant of Probate only with form IHT400 – £2,750

Service

Fees excluding VAT

Fees including VAT
Single LPA £650 £780
Two LPAs £800 £960
Four LPAs £1100 £1,320
Registration of an EPA or LPA £700 £840
Court of Protection Application* £1204 £1444.80

*plus court fee of £408

Service

Our fee excluding VAT

Our fee including VAT
Single Will £475 £570
Double Will £625 £750
Single Will with Lifetime Trust and Severance £625 £750
Double Will with Lifetime trust and Severance £850 £1020
Will with IHT Planning or Discretionary Trust Hourly rate charge (minimum £1,000) £1,200 (minimum)

The cost of our fees depend on the value of your property:

(For more information, also see our main page for Selling a Freehold and Leasehold Property)

Property Value

Our Fee

VAT 20%

Total
£0.00 to £350,000.00 £1,600.00 £320.00 £1,920.00
£350,001.00 to £500,000.00 £1,950.00 £390.00 £2,340.00
£500,001.00 to £750,000.00 £2,650.00 £530.00 £3,180.00
£750,001.00 to £999,999.00 £3,200.00 £640.00 £3,840.00
From £1,000,000.00 Costs charged on a time spent basis
plus 0.1% fixed fee applied in the event of completion

Depending on your circumstances and type of property, there may be extra fees for the following reasons as they involve additional work by us:

  • £190 (plus VAT) if you have a standard high street domestic mortgage lender.
  • £300 (plus VAT) if your property is Leasehold.
  • £650 (plus VAT) if your property has a Leasehold Staircasing on sale.
  • £350 (plus VAT) if your property involves a management company.
  • £60 (plus VAT) for the transfer of money electronically.
  • £130 (plus VAT) per transaction for international money transfers.
  • £25 (plus VAT) per person for identity (ID) and anti-money laundering (AML) checks. We are bound by Government Regulations to carry out ID and AML checks on all of our clients before we can carry out any work on their behalf.
  • £150 (plus VAT) for complex ID and AML checks.
  • £40 (plus VAT) if you are selling as a company. We need to carry out a company search then there will be a further £25 for ID and AML checks for each director/shareholder of the company.

Additional costs (disbursements)

Disbursements are costs which we pay to third parties on your behalf. We handle the payment of these costs on your behalf to ensure a smoother process:

  • Official Copies of your title deeds from the Land Registry – £7.33 plus VAT for the registration document and £7.33 plus VAT for the plan.
  • Additional Land Registry documents and copy leases £7.33 plus VAT per document.
  • SIM Search (if the property is unregistered at the Land Registry) £8.17 plus VAT.
  • Land Charges Search (if the property is unregistered at the Land Registry) £5.67 plus VAT per individual.

Additional costs (disbursements) for Leasehold residential properties

Leasehold properties bring their own additional costs along with them which cannot be avoided. It will not matter who you employ as your lawyers, these fees are charged by others for information or permissions you may need to buy:

  • Transfer or Contingency Fees – To be confirmed upon receipt of the Lease but is usually 1% of the Sale Price (if payable).
  • Management/Leasehold Sale Packs – This fee is provided by the Management Company or Freeholder and can be difficult to estimate. It can range between £50 and £500.
  • Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50 and £200.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50 and £200.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £100 and £250.
  • Certificate of Compliance fee – To be confirmed upon receipt of the lease and can range between £100 – £300.

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 the specific documents.

An important note on fees

Our fees are based on the assumptions that:

  • This is a standard transaction and that no unforeseen matters arise 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.
  • This is the sale of an existing lease and is not the grant of a new lease.
  • The transaction is concluded in a timely manner and no unforeseen complication arise.
  • All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.
  • No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

The cost of our fees depend on the value of your property:

(For more information, also see our main page for Buying a Freehold and Leasehold Property)

Property Value

Our Fee

VAT 20%

Total
£0.00 to £350,000.00 £1,600.00 £320.00 £1,920.00
£350,001.00 to £500,000.00 £1,950.00 £390.00 £2,340.00
£500,001.00 to £750,000.00 £2,650.00 £530.00 £3,180.00
£750,001.00 to £999,999.00 £3,200.00 £640.00 £3,840.00
From £1,000,000.00 Costs charged on a time spent basis
plus 0.1% fixed fee applied in the event of completion


Depending on your circumstances and type of property, there may be extra fees for the following reasons as they involve additional work by us:

  • £190 (plus VAT) if you have a standard high street domestic mortgage lender (purchases only).

  • £500 minimum (plus VAT) if you have a non-standard lender (purchases only)
  • £300 (plus VAT) if the property is Leasehold.
  • £365 (plus VAT) if you are getting a Help-to-buy Mortgage.
  • £60 (plus VAT) if you are using a Help-to-buy ISA.
  • £425 (plus VAT) if you are buying through an affordable housing scheme.
  • £500 (plus VAT) if the property you are buying is a brand new home.
  • £300 (plus VAT) if the property you are buying has a septic tank.
  • £300 (plus VAT) if the property you are buying has a private water supply.
  • £350 (plus VAT) if the property involves a management company.
  • £60 (plus VAT) for the transfer of money electronically.
  • £130 (plus VAT) per transaction for international money transfers.
  • £25 (plus VAT) per person for identity (ID) and anti-money laundering (AML) checks. We are bound by Government Regulations to carry out ID and AML checks on all of our clients before we can carry out any work on their behalf.
  • £150 (plus VAT) for complex ID and AML checks.
  • £50 (plus VAT) for checking proof of funds.
  • £40 (plus VAT) if you are purchasing as a company we will need to carry out a company search, then there will be a further £25 for ID and AML checks for each director/shareholder of the company.

Additional costs (disbursements)

Disbursements are costs which we pay to third parties on your behalf. We handle the payment of these costs on your behalf to ensure a smoother process:

  • Search fees: These fees can vary depending on the area the property is located but often around £400. These fees are subject to VAT.

  • Land Registry Application Fees: These are fixed depending on the value of the Property and whether the property is registered or unregistered. There will also be small fees for Bankruptcy and Official Priority Searches. With the exception the of the application fees the Land Registry costs are subject to VAT. Please see the HM Land Registry for full costs and information.

Additional costs (disbursements) for Leasehold residential properties

Leasehold properties bring their own additional costs along with them which cannot be avoided. It will not matter who you employ as your lawyers, these fees are charged by others for information or permissions you may need to buy:

  • Transfer or Contingency Fees – To be confirmed upon receipt of the Lease but is usually 1% of the Sale Price (if payable). (Sales only)

  • Management/Leasehold Sale Packs – This fee is provided by the Management Company or Freeholder and can be difficult to estimate. It can range between £50 and £500. (Sales only)
  • Notice of Transfer fee – This fee if chargeable is set out in the lease. Often the fee is between £50 and £200.
  • Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50 and £200.
  • Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £100 and £250.
  • Certificate of Compliance fee – To be confirmed upon receipt of the lease and can range between £100 – £300.

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 the specific documents.

If you are buying a leasehold property, 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.

Stamp Duty Land Tax or Land Transaction Tax Payments

The amount you pay in Stamp Duty Land Tax or Land Transaction Tax (this tax is payable in Wales) 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.

An important note on fees

Our fees are based on the assumptions that:

  • This is a standard transaction and that no unforeseen matters arise 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.
  • This is the purchase of an existing lease and is not the grant of a new lease.
  • The transaction is concluded in a timely manner and no unforeseen complication arise.
  • All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.
  • No indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

The cost of our fees depend on the value of your property:

(For more information, also see our main page for Re-mortgaging a Property)

Loan Value Our Fees VAT 20% Total
£0 – £350,000 £1,195.00 £239.00 £1,434.00
£350,001 – £500,000 £1,350.00 £270.00 £1,620.00
£500,001 – £750,000 £1,500.00 £300.00 £1,800.00
£750,001 price will be assessed on case basis

Additional Legal Fees

  • Leasehold Supplement fee: £300 (plus VAT)
  • Electronic money transfer fee: £60 (plus VAT)
  • International Money Transfer fee: £130 (plus VAT)

Disbursements and provision of searches

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.

Those involved in your re-mortgage include the following:

  • Search fees: These fees can vary depending on the area the property is located bu are often around £350. These fees will be subject to VAT.
  • Land Registry Application Fees: These are fixed depending on the value of the Property and whether the property is registered or unregistered (these fees are not subject to VAT). There will also be fees for Bankruptcy (£6.50 plus VAT per individual) and Official Priority Searches (£7.33 plus VAT per search)

Please see the HM Land Registry website for full costs information.

Anticipated Disbursements for Leasehold Properties

Some leasehold properties bring their own additional costs along with them which cannot be avoided. It will not matter who you employ as your lawyers, these fees are charged by others for information or permissions you may need to buy.

  • Notice of Charge fee – This fee is set out in the lease. Often the fee is between £50 and £200.
  • Certificate of Compliance fee – To be confirmed upon receipt of the lease and can range between £100 – £300.
  • Management/Leasehold Pack – This fee is provided by the Management Company or Freeholder and can be difficult to estimate. It can range between £50 and £500.

These fees will 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 the specific documents.

Our fees assume that:

  • this is a standard transaction and that no unforeseen matters arise 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
  • this is the re-mortgage of an existing lease and is no lease extension is required
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.

For further details on our fees, please go to the individual services pages for more information.

Please call us on 01524 402050 / 01539 565990 or alternatively complete the Enquiry form below.

Enquiry Form

    Communication is vital with legal matters so it was encouraging to be able to speak directly with the solicitor acting with us. Very personal service.

    They totally looked after us in a professional, friendly manner. Thank You.

    We appreciate your help and guidance which we valued highly when you acted for us.

    I always see a friendly face or hear a friendly voice. Nothing is too much trouble.

    Best Conveyancing & Legal Services Firm in the UK!!!

    When selecting Wright & Lord to provide conveyancing c15 years ago, we were delighted to find that, despite being based 300 miles away from us, they provide a very efficient and personable service for very reasonable fees. Over the years they have handled many property transactions (residential & commercial), with the usual professionalism, to a point where we also used them for wills and other legal or financial services. We have never felt like a “numbered client” as the team are happy for us to know many of them by first names, without straying from their professional duty of care. We are now comfortably retired, having disposed of our property portfolio and would have no hesitation in recommending Wright & Lord as a legal services provider of exceptionally high standards.

    More than legal advisors, a family orientated firm who always goes the extra mile.

    Zoe was very friendly & knowledgeable and supported our Daughter, who is autistic through a difficult process with kindness & understanding.

    Thank you so much for everything you have done for us in sorting my Mum’s estate out in a timely manor and for the way that you kept us informed and up-dated at all stages. The service that you provided was very professional and also very caring. You also made things easy to understand and you made us feel very comfortable, which was a great help to us and I am so grateful that you were our solicitor.

    I would also like to thank you so much for everything you did for my Mum.