Location

262a Wellingborough Road Northampton NN1 4EJ

Office Hours

Mon – Thurs 9:00 – 17:30
Fri - 9:00 - 17.00
Sat & Sun – Closed

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Our Costs

Costs and third party costs/disbursements include VAT, unless otherwise stated 

Details of who will be involved in dealing with your matter are detailed under each heading.  The experience and qualification of that person can be seen in our Profile Schedule. 

Lasting Power of Attorney 

Documentation of one Lasting Power of Attorney is £300.00 plus VAT for each Power of Attorney.  If documenting both types of Lasting Power of Attorney at the same time, the charge is reduced to £450.00 plus VAT for the two. 

For registering each completed Lasting Power of Attorney at the Office of the Public Guardian we charge £100.00 plus VAT per Lasting Power of Attorney 

The Office of the Public Guardian also charge a registration fee which is currently £82.00 per Lasting Power of Attorney*

Lasting Powers of Attorney are dealt with by David Ward, Managing Partner and Solicitor, Maria Boehm, Partner and Solicitor, Ella Reed, a Trainee Solicitor or Rosie Titmuss, a Trainee Solicitor. 

Timescale for the preparation of Lasting Powers of Attorney 

We look to document Lasting Powers of Attorney within 2 weeks of receiving the instructions.  That timeline may vary depending upon any delays in the procurement of instructions and also any delays suffered with, in the case of LPAs, any of the Attorneys needing to sign and return documents to us. 

Once the Lasting Power(s) of Attorney are submitted for registration to the Office of Public Guardians it does take in the region of 3 months to conclude the registration. 

Wills 

For documentation of a Will without complicated Trust Provisions we charge £300.00 plus VAT per Will.

For documentation of two Mirror Wills we charge £450.00 plus VAT if both are done at the same time. 

Documentation of straightforward Wills/Mirror Wills without complicated Trust Provisions are dealt with by either Ella Reed or David Ward. 

If the Will contains complicated Trust provisions, the costs would be charged at an hourly rate.  The matter would be dealt with by David Ward, whose hourly rate is £250.00 plus VAT per hour.  Typically, the costs for documenting a Will with complicated Trust provisions would be in the region of £1,000.00 to £1,500.00 plus VAT. 

Most Wills that we prepare on behalf of clients do fall within the criteria of being Wills without complicated Trust provisions. 

Timescale for the preparation of Wills 

We look to document Wills within 2 weeks of receiving the instructions.  That timeline may vary depending upon any delays in the procurement of instructions and also any delays suffered in the signing process. 

Our costs do include the time spent in meeting with you, going through all of the various options and considering any tax implications and alternative gift provisions in the event of your first chosen Beneficiary failing to get a vested gift.  Following our first meeting, we would then prepare the draft of the Will and submit that to you for your approval.  We would then meet with you again to go through the provisions of the Will and to explain any provisions which require clarification.  If any further amendments are required, we would normally deal with those at that meeting so as to enable you to sign the agreed form of Will prior to leaving the meeting.  We would provide the witnesses without any further cost implications for the signing of the Will in that process.   

Obtaining Probate/Grant of Letters of Administration 

Costs for obtaining Probate do depend upon how much time is spent on the matter.  The matter will be charged at an hourly rate, depending upon which fee earners deals with the matter. 

Generally, the costs for taking instructions and procuring Probate for a small uncomplicated Estate is fixed at £2,000.00 plus VAT.

If the Estate is large and/or complicated or particularly involved and time consuming, typically the costs are in the region of £5,000.00 to £10,000.00 plus VAT. 

It does need to be appreciated that apart from where fixed fees are agreed, all of the costs estimated may be higher or lower depending upon how much time is spent on the matter.  

We will provide bespoke quotes or estimates at the time of agreeing to take your instruction.  Where matters are proceeding on the basis of an estimate, that estimate will be regularly reviewed. 

The process of obtaining Probate or Letters of Administration comprise of us, in the case of a Probate, checking that the Will which you seek to rely upon has been properly executed and is valid.  We would normally meet with you to go through a questionnaire which, among other things, clarifies who we need to be writing to, to clarify what the assets and liabilities of the Estate are.  We would then write to the various institutions seeking to clarify whether any monies are due or owed by the Estate to those various institutions.   The process of trawling in details of assets and liabilities, when taking into account response times from the various institutions, usually swallows up 4 to 8 weeks, depending upon how quickly/slowly the various institutions respond.   

In that process, we will also need to clarify whether or not there is are any gifts by the deceased in the 7 years prior to his/her death to ascertain whether or not those gifts need to be included in the Estate valuation for inheritance tax purposes.  

Once we have details of all of the assets and liabilities and clarity as to whether or not there has been any gifts within the last 7 years, we would then be in a position to prepare the accounts and the Application for submission to the Probate Registry.  In that regard, we would need to consider whether or not any inheritance tax needs to be paid and the position would be clarified in that regard. 

We would also consider whether any variations to the Will or the Rules of Intestacy need to be considered and/or implemented.

Once Probate has been obtained, we would copy that to you and we would then take your instructions regarding trawling in the various assets and the transfer of those assets.  Our costs do not include costs associated with transferring the property or dealing with a sale of the property.  If required to document an Assent for the property, that would attract an additional fee of £450.00 plus VAT plus any Land Registry costs that are charged by the Land Registry.  Below is the link for the Land Registry which can be used to ascertain what the Land Registry costs would be.  They are generally based on the value of the property. 

https://fee-calculator.landregistry.gov.uk/ 

Third party costs – the third party costs are the costs incurred in procuring the Probate.  These may include:-

Probate Court Fees, including fees payable for office copy entries – these currently cost £273.00 plus £1.50p for each additional copy the Probate required;

Land Registry fees. These are generally £7.80 for obtaining a copy of the Title and file plan of the property.  For any changes in the Land Registry Register of Title, fees are payable to the Land Registry of Title, fees are payable to the Land Registry in accordance with the Land Registry scale fees.  They do depend upon the value of the transaction.  Where possible, we do endeavour to submit the Application online, which does often have the affect of reducing the Land Registry fee by 50%.

Occasionally, fees are payable for statutory advertisements if required.

If a property was involved, you would need to obtain a property valuation. The costs for obtaining a property valuation are in the region of £400.00 plus VAT.  Those costs are payable to the surveying practice you decide to instruct.

The timescale for Probate and procuring Letters of Administration

The Application for the Grant of Probate or Letters of Administration is prepared and submitted within 2 to 4 weeks of us having all relevant information.  It can sometimes take several months to obtain all of the relevant information.  When the Application to the Probate Registry is submitted, the Probate Registry are generally taking in the region of 4 months plus to process the application.

For those Estates where inheritance tax is payable, delays can be suffered in procuring clarity of liability from HMRC as to the Estate’s liability.

Probates and Letters of Administration are dealt with by either David Ward and Maria Boehm with the assistance of Ella Reed.

Conveyancing

Conveyancing transactions in the Practice are dealt with by either David Ward, Ryan Freeman or Rosie Titmuss in the Practice.

During the conveyancing transaction, whether it be by way of a sale and/or purchase, our costs include all of the time which is spent in considering, advising and documenting the exchange of contracts for the sale and/or purchase, carrying out all of the normal due diligent searches and dealing with the submission of the Land Transaction Tax Return and (in respect of purchases) registering the purchase at HM Land Registry.   

Our costs include all of the work that would normally be involved.  If, however, the transaction involves additional work associated with any of the matters referred to under the heading “other fees payable in addition (if applicable)” additional costs, as detailed in that Schedule, would be payable.   

In the purchase process, we deal with the Lender requirements of the Lender (if there is a Lender).  Generally that requires us to carry out all normal due diligent searches, including a Local Authority Search, Environmental Search, Water Board Search and a Chancel Indemnity.  For every transaction, we do provide a bespoke quotation, based on what we are told. We detail all of the costs, disbursements/third party costs, which we believe will be applicable to the proposed transaction.   

When dealing with sales, the costs do include the time spent in the process of redeeming any Mortgages/Charges that are secured against the property which is being sold.  From the sale proceeds, we would also normally settle your Estate Agent’s Invoice, unless instructed otherwise.

 If the transaction falls through before completion, we will charge a proportion of our fee plus VAT and any disbursements/third party costs which we have paid out on your behalf.

 At DW Solicitors we pride ourselves on being transparent and informing you of our costs from the on-set.  We offer conveyancing services on a fixed fee basis, as follows:- 

 Residential Purchase

 

Property purchase Price of

£0 – £200,000

£200,001 – £350,000

£350,001 – £500,000

Over £501,000

Our Fees

VAT

£925.00

£185.00

£1,025.00

£205.00

£1,125.00

£225.00

0.25% of purchase price

AML compliance (including Risk Assessment)

VAT per person

£80.00

£16.00

£80.00

£16.00

£80.00

£16.00

£80.00

£16.00

SDLT Fee

VAT

£125.00

£25.00

£125.00

£25.00

£125.00

£25.00

£125.00

£25.00

 This equates for 2 Buyers without additional costs to:-

£1,210.00 + VAT

£1,310.00 + VAT

£1,410.00 +VAT

 

 Other fees payable in addition (if applicable). Please see Schedule of Possible Additional Costs and Schedule of Possible Disbursements and Third Party Costs:- 

 

Additional Fee

 

1.                  Where you are purchasing a property with the aid of a mortgage some Lenders charge an administration fee which you will be liable for.

 

2.                 If partially funded by Help to Buy Loan, we would need to liaise with the Help to Buy providers and extra time would be spent in liaising with them, documenting their Loan documentation and advising on that Loan documentation.

 

£300.00 plus VAT

3.                  If you are purchasing a Lease we would also need to consider the provisions of the Lease and, in that process, we would advise on the terms of the and would check to ensure that all monies payable under the Lease, including ground rent and service charges have been paid up to the date of Completion.

 

£500.00 plus VAT

4.                  If the property being acquired is a New Build we would also need to consider a very detailed Sale Contract, possible Service Charge provisions, the Guarantee documentation, the building specification and clarifying the position regarding Planning and Building Regulations.

 

£400.00 plus VAT

5.                  If we have to deal with a gifted deposit, we would need to ascertain the Source of Funds for that gifted deposit.  We would also need to liaise with the Lender to ensure that they are happy to proceed on the basis of the gifted deposit.  Normally, the Lender would require a confirmation from the person making the gift to confirm that they are solvent and that the gift does not give rise to any interest in the property being acquired.

 

£75.00 plus VAT

6.                  If we have to deal with Statutory Declarations and procuring insurance cover for either defective insurance cover for either defective Title and/or transaction at an undervalue.  This does not include any (if any) insurance premium that may be payable.

 

£125.00 plus VAT

7.                  If required to liaise with a potential occupier in respect of that person entering into a Deed of Postponement, that Deed would have the affect of waiving or postponing the occupier’s interest in favour of the Lender.  We would normally need to liaise with the occupier in that regard and the Lender would normally require the occupier to enter into an appropriate Deed of Postponement once they have been advised by an Independent Solicitor of the rights that they will be foregoing by entering into that Deed.  Our costs do not include any costs the occupier may incur with his/her own lawyers.

£50.00 plus VAT

8.                  Registering a Charge at Companies House.  This would require us to prepare the appropriate Application to Companies House and submit that Application within the required timelines.

£225.00 plus VAT plus fee payable to Companies House of £23.00

 

9.                  Effecting telegraphic transfers for any monies payable.  This fee includes the bank charges.

£40.00 plus VAT for each transfer.

 

10.              Third-Party costs and/or disbursements we have to pay on your behalf.  See Possible Third-Party Costs and Disbursements detailed in the following Schedule

 

 

  Possible Third-Party Costs and Disbursements 

Additional Fee

inclusive of (if any) VAT

Search Pack comprising of Local Authority Search, Water Search, Environmental Search and Shared Indemnity Policy

 

£214.30

Land Registry Search Fee

£3.90 for each Search

 

Bankruptcy Search

£2.90 (per name searched)

 

AML Search

 

£6.30 (per name searched)

Land Registry Fee

The fee will be in accordance with the Land Registry Scale of Fees which is calculated on value.  Often we are able to submit the application on-line which attracts a 50% discounted fee.

https://fee-calculator.landregistry.gov.uk/ 

 

Stamp Duty/Land Transaction Tax

This is calculated in accordance with HM Revenue Stamp Calculator which is based on value.

https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intro 

 

Transfers of Equity or Re-Mortgages 

  1. We charge a set fee of £700.00 plus VAT for Transfers of Equity or Re-Mortgages for transactions up to a value of £400,000.  
  1. If the value of the Transfer of Equity or Re-Mortgage exceeds £400,000 an additional fee of 0.1% plus VAT of the value of the transaction exceeding £400,000 would be payable.

3.You would in addition be liable for any (if any) Third-Party costs and disbursements. Please refer to our Schedule of Possible Third-Party Costs and Disbursements.  Most Transfers of Equity or Re-Mortgages would attract Land Registry Search Fees, Bankruptcy Search Fees, Land Registry registration fees (as referred to in the Schedule of Possible Third Party Costs/Disbursements).

4. Transfers of Equity would also, depending upon the value of the transaction, attract a Stamp Duty/Land Transaction Tax liability (as referred to in the Schedule of Possible Third Party Costs/Disbursements.

  1. For Re-Mortgages, some Lenders would require a Search Pack (as referred to in the Schedule of Possible Third-Party Costs/Disbursements) to be obtained. If that is required you would be liable for the Search Pack costs as referred to in the Schedule of Possible Third-Party Costs and Disbursements in addition.  We do not raise any charges for the time spent in obtaining the searches and considering and reporting on those searches.

6. If we have to telegraphic transfer any monies, each transfer attracts a fee (which does include bank charges) of £40.00 plus VAT (a total of £48.00).

Residential Sales 

In dealing with the sale, we would need to provide the buyers with full details of the Title, replies to standard enquiries and the proposed form of Contract.  Our costs include all of the time providing these to the buyer’s lawyers, answering any enquiries they may have, agreeing a Completion Date with you, agreeing the form of Contract, facilitating exchange of contracts and progressing the matter to a Completion, including the documentation of the appropriate Transfer document.  We do also liaise with any Lenders in respect of any Mortgages which need to redeemed in conjunction with the sale of the property and the redemption of any Mortgages secured on the property being sold, subject to there being sufficient sale monies to do that.  

Property Sale Price £

£0 – £200,000

£200,001 – £350,000

£350,001 – £500,000

Over £501,000

Our Fees

VAT

£800.00

£160.00

£900.00

£180.00

£1,000.00

£200.00

0.2% of sale price + VAT

Fee for dealing with mortgage redemption

VAT

£125.00

£25.00

£125.00

£25.00

£125.00

£25.00

£125.00

£25.00

AML compliance (including Risk Assessment)

VAT per person

£80.00

£16.00

£80.00

£16.00

£80.00

£16.00

£80.00

£16.00

These equate for 2 Sellers without additional costs to: –

£1,085.00+ VAT

£1,185.00+ VAT

£1,285.00 + VAT

 

 

You will also normally be required to pay for up-to-date copies of the Title Deeds.  Typically, the charge will be £7.80, and this includes a copy of the Register of Title and Filed Plan.  Where additional documents are required, HM Land Registry charges £3.90 per document (for example a copy of a Lease or Supplemental Conveyance or Transfer Deed). 

On Leasehold properties, there may be additional charges required under the Lease.  These are usually payable to the Landlord and/or a Management Company. As soon as we know what these are we will let you know.

If the sale involves a Lease an additional fee of £300 plus VAT of £60.00 (a total of £360) would be payable.

If the Freehold sale requires us to liaise with Managing Agents or a third party to ascertain the position in respect of any service charge and/or to document a Deed of Covenant we charge an additional fee of £300 plus VAT of £60 (a total of £360).

If the property is being acquired subject to and with the benefit of residential tenancies, an additional £225.00 plus VAT of £45.00 (a total of £270.00) is payable for the time spent and considering each tenancy and answering the buyer’s Solicitors enquiries in respect of those tenancies.

We charge a fee of £40.00 plus VAT for each telegraphic transfer.  The £40.00 plus VAT includes the bank charges the Practice incurs.

We do need to verify the identity of each instructing client.  That does require us to carry out an AML Search, which costs £6.30 (inclusive of VAT) per person.

 We do also need to carry out a bankruptcy search against each client.  The cost of that Search is £2.90 per name Search.

 When doing your calculations you should take into account your Estate Agents’ charges (if any).

Timeline

In conveyancing transactions, the matter can only be progressed as quickly as the slowest person in the chain of transactions, if there is a chain of transactions.  Generally, most conveyancing transactions will be progressed to a completion within 2 to 3 months of the initial instruction.  This does vary, depending upon the time taken in procuring responses from other parties involved in the transaction and is also dependant upon receipt of a satisfactory Mortgage Offer, if an acquisition is being funded by finance.

Business Leases

For documenting a Business Lease the costs are either charged on a time basis or an agreed fixed fee.  The costs typically for documenting a Lease are £2,500.00 plus VAT plus £500.00 plus VAT for each ancillary document such as Rent Deposit Deeds and Licences for Alterations.

We do need to verify the identity of each instructing client.  That does require us to carry out an AML Search, which costs £6.30 (inclusive of VAT) per person.

Depending upon the length of the Lease granted, the documented Lease may need to be registered at HM Land Registry.  The Land Registry fee will be payable, in accordance with the Land Registry Scale of Costs https://fee-calculator.landregistry.gov.uk/ 

These matters are generally dealt with by David Ward with assistance of Ryan Freeman or Rosie Titmuss. 

We act for either the Landlord or the Tenant.  We cannot act for both parties. 

If acting for the Landlord, we would prepare the draft Lease, submit that to the potential lawyers for approval and, in that process, deduce your Title to the property and answer any enquiries raised in the process of documenting the Lease and procuring any third party consents which may be required for the documentation of the Lease. Draft Leases submitted by Landlords do vary in size.  Sometimes they are dealt with by way of a short form Lease, comprising of a few pages, but generally they are in the region of 40 – 60 pages in length.  

If acting for you in your capacity as the potential Tenant of the property, we would consider the Landlord’s draft Lease and any ancillary documents, generally advise on the proposed terms and amend the documents (if necessary) to accord with what has been agreed and remove any unduly onerous or unreasonable provisions.  Consideration would also be given to whether or not any consents are required for the grant of the Lease and for any works/signage that you propose at the property.  

When acting for the Tenant, we would also consider the Landlord’s Title and raise enquiries which we consider appropriate and consider the replies to those enquiries and fully report on the Title and enquiries.  We do prepare and submit a Report to you on the proposed Lease.  In the process, we would seek your instructions on any points which we consider are unduly onerous and/or unreasonable.

Business Sales/Purchases

Business Sales and Purchases can be particularly complicated and can be dealt with either by way of an Asset Sale or a Share Sale.  Often, the sale/purchase involves a Property and that aspect of the matter would normally be quoted for separately.

The costs for dealing with a Business Sale Agreement and documenting that Business Sale Agreement and the ancillary documents are charged on a time basis.  Costs are typically in the region of £2,000.00 – £10,000.00 plus VAT.

These matters are dealt with by David Ward who would be assisted by either Ryan Freeman or Rosie Titmuss.

Employment

The Practice is not currently doing general employment matters.  It does however advise on Settlement Agreements.  Generally the costs are payable by the Employers.  These matters are either dealt with by David Ward or Maria Boehm and we would normally agree to proceed on a fixed fee basis.  The fixed fee is generally determined, having regard to the documentation and the various issues and complexities of the matter.  Generally costs are fixed at a fee of £300.00 plus VAT to £1,000.00 plus VAT.

Independent Legal Advice

Independent Legal Advice is usually done on an agreed fixed fee.  That fixed fee does depend upon what the Independent Legal Advice involves and how many documents are involved and need to be considered in conjunction with giving that advice.

Most Independent Legal Advice involves the giving of advice in respect of a Guarantee on a residential transaction or an occupier, or the postponement/waiver of rights in a Property.

The Practice’s fees for those matters is usually fixed at £300.00 plus VAT for the advice given on one set of documents for one client for guarantees not seeking to impose more than £500,000.00 of liability.  For guarantees seeking to impose more than a £500,000.00 worth of potential liability, the Practice’s fees would be fixed at £500.00 plus VAT.

If there is more than one client and the advice is being given to two clients at the same time, the fee would be reduced to £225.00 plus VAT per client or for guarantees with potential liabilities in excess of £500,000.00 the fee would be reduced to £350.00 plus VAT per client. 

Even if advice is given jointly, we would need to see each of those clients separately to ensure that they are not in any way being unduly influenced, duressed or coerced.

The only disbursement that is generally incurred in providing this advice is an Anti Money Laundering (AML) search which costs £6.30* inclusive of VAT per person.

If any other searches were required they would be detailed prior to them being incurred.  They may include the cost of getting a copy of the Title Register from the Land Registry which costs £3.00 and/or a bankruptcy search which costs £2.90 per name searched

For other types of Independent Legal Advice details of what the matter involves would need to be given prior to the Practice being able to commit to a fixed price.  Normally the costs would be fixed at a cost of £500.00 – £1,000.00 plus VAT.  Alternatively, the matter can merely be progressed on an hourly rate time basis at the appropriate fee earners hourly rate.

Independent legal advice is generally given by David Ward.