Additional fees may also be charged for additional work and services over and above the legal work in a fees assisted remortgage case. Your conveyancer will discuss your requirements with you and obtain your consent to proceed before any such fees are incurred. Below are examples of some of the most common additional fees:
Additional
Work |
Additional
Fee (excl. VAT) |
Applying
a declaration of trust |
£195 |
Applying
a deed of guarantee |
£150 |
Applying
a deed of variation |
£150 |
Checking
and approving an existing solar panel lease |
£90 |
Completing
and verifying identification checks in addition to electronic ID check
(per borrower) |
£5 |
Completing
and verifying Identification checks for expat customers
|
£40 |
Dealing
with independent solicitors (hourly rate) |
£130 |
Dealing
with independent solicitors (to send purchase monies only) |
£40 |
Dealing
with independent solicitor (Let to Buy where purchase to take place
simultaneously with remortgage) |
£75 |
Dealing
with lease extensions and amendments (acting for borrower, simple case) |
£750 |
Dealing
with lease extensions and amendments (acting for borrower, complex case) |
£1050 |
Dealing
with Stamp Duty Land Tax or Land Transaction Tax |
£75 |
Dealing
with transfer of equity (excluding disbursements) |
£245 |
Declaration
of Solvency and obtaining indemnity insurance |
£95 |
Drafting
a matrimonial separation agreement |
£50 |
Drafting
a matrimonial waiver |
£15 |
Drafting
a statutory declaration |
£50 |
Drafting
an assured shorthold tenancy |
£95 |
First
registration at Land Registry (excluding Land Registry fee) |
£95 |
First registration in Scotland (from Sasine Register, excluding disbursements) (Complex registrations will incur higher fees which your law firm will confirm) | £95 |
Forwarding
a copy title information document / updated registers of title to the
customer |
£20 |
Forwarding
pre-registration deeds and documents |
£10 |
Investigating
bankruptcy entries per case (insolvency register check) |
£30 |
Investigating
the title to additional land (including separate titles) |
£45 |
Investigating
unexpected unclear Land Registry priority searches |
£75 |
Obtaining
a bespoke indemnity insurance policy (not a block policy, excluding
policy premium) |
£45 |
Obtaining
a letter of postponement from the Ministry of Defence or local
authorities (per letter) |
£50 |
Obtaining
a letter of undertaking regarding searches (Scotland) |
£15 |
Obtaining
a letter of undertaking regarding title (Scotland) |
£50 |
Obtaining
and registering a deed of postponement |
£195 |
Ordering
documents or leases referred to in office copies (excluding
disbursements) |
|
Other
additional work not listed here (hourly rate) |
£130 |
Processing
a change of name or address at Land Registry
|
£20 |
Purchasing
a further interim share in a shared ownership property (excluding
disbursements) |
£195 |
Purchasing
related freehold title (excluding disbursements) |
up
to £500 |
Rectifying
a defective title (hourly rate excluding disbursements) |
£130 |
Redeeming
and discharging an Islamic finance loan |
£245 |
Redeeming
an existing Help to Buy Equity loan |
£75 |
Registering
a third party transfer document (excluding disbursements) |
£100 |
Removing
a personal charge (per charge) |
£150 |
Removing
a tenancy in common restriction |
£50 |
Removing second and
subsequent charges (per charge) |
£30 |
Returning
a mortgage advance to a lender when completion delayed by the customer |
£50 |
Reversing
legal completion (excluding disbursements) |
up
to £390 |
Satisfying
a Land Registry Anti-Fraud Restriction |
£75 |
Satisfying
a special condition in the mortgage offer (per condition) |
£45 |
Satisfying
or removing a restriction or caution or inhibition (not for tenancy in
common) |
£150 |
Separating
title and creation of servitude rights /burdens (Scotland) (excluding
disbursements) |
£195 |
Storing
title deeds (Scotland) (per annum) |
£75 |
Telegraphic
transfer (same day payment) of surplus funds to the customer (per
transfer) |
£30 |
Telegraphic
transfer (same day payment) to redeem 2nd and more existing loans |
£30 |
Validating
the source of a shortfall over £1000 |
£25 |
V4 July 2023 (Live from 20 November 2023)
McVey & Murricane Solicitors,
13 Bath Street, Glasgow, G2 1HY
McVey & Murricane Solicitors,
13 Bath Street, Glasgow, G2 1HY
© McVey & Murricane 2021 | Regulated by the Law Society of Scotland | VAT Number 260 2334 00 | Law Society Number 18719