Here's how we can help you move to a new home.
The enquiry process
With over 280 years of legal experience as one of the UK's oldest practices, we work hard to understand every client's values, needs and goals - that's why we tailor our service to fit the individual.
We'll work to clarify the issues you face by providing sound and practical legal advice, all with the aim of protecting yours and your family’s future. Transparency is key, and so we'll make sure that you fully understand the service and cost of what we're providing to you.
1. We receive your enquiry by email, phone or in person.
2. You will have a free initial chat, usually by phone, to help us to understand your needs. We'll tell you how we work, and we'll explain the costs.
3. If it's appropriate, we'll arrange a meeting to discuss your enquiry in detail.
4. We will complete the work we've agreed with you.
That's it! You're now a Woolley, Beardsleys & Bosworth client.
Sale of a Freehold Residential Property
Our fees cover all the work required to complete the sale of your home. They do not contain any hidden extras such as referral fees to a third party, to verify ID, to close or store a file or administration costs to arrange bank transfers.
Our Fees Start At £600 + VAT Plus Disbursements
Disbursements are expenses that you pay to us which we pay to someone else on your behalf. We do this as the lender may require a standard local authority or bankruptcy search. This is paid on top of our fee, but we don't retain any of the money. If we find that any additional expenses need to be incurred after we have considered the lender’s requirements, we will let you know the reason for the extra expense, the likely amount, and when we shall need payment. These fees are displayed below.
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 need remedying before completion or the preparation of additional documents ancillary to the main transaction
■ The transaction is concluded in a timely manner and no unforeseen complications 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 as additional disbursements may apply if indemnity policies are required
If we find that any additional expenses need to be incurred after we have considered the contract, searches and title documents, we will let you know the reason for the extra expense, the likely amount, and when we shall need payment.
Our Fees Are Based On The Value Of Your Property
Price up to £350,000
£350,001 - £500,000
£600.00 + VAT
£650.00 + VAT
£500,001 - £750,000
£700.00 + VAT
£750,001 - £1M
£750.00 + VAT
Our additional fee for dealing with a mortgage
£100.00 + VAT
Land Registry Fee for copy documents (approx)
Stages of the process
The following is a broad outline of the work we will undertake on your behalf and the services we will provide in completing your purchase:
■ Obtain and check the title deeds and documents and obtain from you completed property information forms
■ Contact your mortgage lender (if any) to obtain redemption figures
■ Prepare draft contract of sale and send to buyer’s solicitor together with supporting contract/title information
■ Respond to pre-contract enquiries raised by the buyers on title/search results
■ Agree with the buyer the document by which you will transfer ownership, advise you on its provisions and arrange for you to sign it
■ Settle the terms of the contract of sale with the buyer, advise you on it and arrange for you to sign it
■ Exchange contracts and receive the deposit payment
■ Obtain final redemption figures from your mortgage lender (if any), prepare and send to you a completion statement
■ Complete the sale for you, receive the sale proceeds, pay the amount required to redeem your existing mortgage (if any) and request confirmation of discharge
■ Pay the estate agent’s fees and other costs and deal as agreed with any surplus sale proceeds.
As far as timescales are concerned, the exchange and completion dates will very much depend on the other parties in the chain.
We would estimate that your matter will complete in 6-8 weeks from when we issue the draft contract documentation to the buyer’s solicitors. Progress can be dependent on the efficiency of third parties such as the buyer’s solicitors, mortgage lenders and search providers but we will chase for updates at regular intervals.
We will keep you informed of progress throughout, explain the reasons for any delays and advise you if any unforeseen work becomes necessary.