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Gorvins Residential Pricing

Pricing

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What price can I expect to pay?

No property is exactly the same and our fees will reflect the particular requirements of your sale or purchase. For example, dealing with a listed building may, because of the added complexities, cost more than dealing with a new freehold property. Due to this, we cannot give you a firm estimate of the cost until we have details of your intended transaction. Our fees for conveyancing, however, start from £285 plus VAT.

Who will manage my transaction?

Gorvins Residential is led by Lorraine Lockie, a Partner and Solicitor of 25 years’ standing, assisted by three Partners who each have more than 20 years’ experience managing property transactions.
All work is carried out by Case Managers (all of whom are law graduates) under the supervision of the partners.
We are a Conveyancing Quality Scheme (CQS) accredited firm, and everyone in the team works to the CQS standard.

These prices are based on the average property price we typically deal with and are correct at 1st December 2020. Additional fees may be incurred in non-standard transactions (see Additional “Non-standard” Legal Fees.), and unexpected complications may result in higher fees.

Purchase
£695 plus VAT

Sale
£595 plus VAT

Re-mortgage
£285 plus VAT

Disbursements

In addition to our legal fees, disbursements will usually be incurred as part of the conveyancing process. Disbursements are fees paid to cover the cost of services or documents provided by third parties, such as Land Registry and Local Authority searches, identity and bankruptcy checks, and obtaining title deeds and other documents from the Land Registry.

Usual disbursements for each type of transaction are:

Purchase Freehold (property value between £100,001 to £200,000)
Disbursement costs can range from around £200 to £250.
These may include: Land Registration fee (no VAT) which varies depending on property price; Land Registry searches (inc. VAT); bankruptcy search (inc. VAT); and electronic identity verification (inc. VAT).

Additional costs for Local Authority, environmental and drainage searches can vary from around £190 to £330. Where VAT is payable on elements of these costs, the VAT is included in the charges.

Purchase Leasehold (property value between £100,001 to £200,000)
Disbursement costs: from around £200 to £250.
These may include: Land Registration fee (no VAT) which varies depending on property price; Land Registry searches (inc. VAT); bankruptcy search (inc. VAT); and electronic identity verification (inc. VAT).

Additional costs for Local Authority, environmental and drainage searches can vary from around £190 to £330. Where VAT is payable on elements of these costs, the VAT is included in the charges.

Sale Freehold (any sale price)
£26
Includes:  Official Copy documents from the Land Registry and electronic identity verification (both inc. VAT)

Sale Leasehold (any sale price)
£36
Includes: Land Registry Official Copy documents and electronic identity verification, both inc. VAT.

Re-mortgage (any valuation)
£26
Includes: Land Registry Official Copy documents and electronic identity verification, both inc. VAT.

Additional costs for Local Authority, environmental and drainage searches can vary from around £190 to £330. Where VAT is payable on elements of these costs, the VAT is included in the charges.

None of the costs detailed above include Stamp Duty Land Tax (SDLT), Land Transaction Tax (LTT) for Welsh properties, or Land Registry fees for first registration.

We will let you know immediately if your transaction raises unexpected complications, and will discuss the potential consequences and costs with you before any extra charges are incurred.

For a detailed quote, please email us at enquiries@gorvinsresi.com or call 0161 930 5350.

What are the timescales involved in
buying, selling or re-mortgaging a
property?

This is difficult to estimate based on a wide range of factors that can arise which are often out of our control. These can include complications in the legal title, a long chain of sellers and buyers or late arrangement of a mortgage. We do, in normal circumstances, aim to work to a timescale between 6-12 weeks for a sale or purchase and 2-4 weeks for a re-mortgage. However, due to delays and backlogs with lenders, values and local authorities, as a consequence of COVID-19 and the SDLT holiday, these estimates are likely to be extended by several weeks.

If you’d like to understand more about the buying, selling, or re-mortgage of a property, you can download one of three useful conveyancing guides we have produced to help you. The guides include the key stages of each type of property transaction.

Testimonials

Through a very stressful process buying a first home, Gorvins were confident and collected. Able to deliver what they promised and kept me updated through the stages. I was glad to have No Stress experience with our conveyancer in amongst the chaos of the rest of it.

Used as recommended by my mortgage advisor for a remortgage.  My case was dealt with by Natasha Sands and she made it complete smoothly and to my satisfaction.  Communication was great and all my questions answered promptly.  Will not hesitate to use again next time.

Fantastic service and for a fair price, special thanks to Joseph Hirst who dealt with my account from start to finish and was always on hand to deal with any queries I had, always got back to me in good time and made the whole process as stress free as possible.

Go with Gorvins, if you want peace of mind!

I recently instructed Gorvins to act on my behalf in the purchase of 5 apartments in Liverpool. I am happy to report that I was more than pleased with their performance.The services provided by the person in charge of the file at Gorvins was most professional, reliable and efficient. In fact she went out of her way to help in aspects which was not her responsibility and as a result the deal went­­ through smoothly.

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Gorvins Residential LLP

Gorvins Residential is the trading name of
Gorvins Residential LLP

Dale House,
Tiviot Dale,
Stockport,
SK1 1TA