DISBURSEMENTS INCLUDE:

• Local Search Fee/Mining Search/Drainage Search/Commons Search/Brine Search/Environmental Search - (as and when applicable) – approx. £120-£250 - including approx. £2.98 VAT where an Agency Personal Search (“APS”) is undertaken, depending on which searches are necessary. Where an APS is used an arrangement fee will be added but the overall cost will not exceed the published fee charged by the relevant Local Authority or Statutory Body.

• Land Registry Fee (depending on the price of your purchase) £40.00-£700.00
• Search Fees (e.g. Bankruptcy Search & Land Registry Search) - £12.

• Stamp Duty is payable as follows:-
o Value up to £120,000 - Nil
o Value up to £150,000 in disadvantaged areas - Nil
o Value £120,001 - £250,000 - 1% of the purchase price
o Value £250,001 - £500,000 - 3% of the purchase price
o Value Over £500,000 - 4% of the purchase price

ADDITIONAL COSTS INCLUDE:

• Legal Mortgage Work. £60.00 + V.A.T
• For Leasehold Properties £100.00 + V.A.T
• Completing H.MRevenue & Customs
Land Transaction Form. £40.00 + V.A.T
• Arranging Telegraphic Transfer (per transfer) - £30.00 + V.A.T
• Arranging Agency Personal Search £17.00 + V.A.T
• Contribution to Office Professional Indemnity Insurance - £29.00 +VAT

• Additional Non-routine work and miscellaneous small payments including additional postages, photocopying, telephone and fax charges and other expenses, where appropriate, which are over and above the usual incurred, for example where you request us to deal with additional third parties or where unforeseen complications arise on your transaction. This will be charged at £150.00 per hour and £15.00 per letter/telephone call.