The law firm will act only for LiveMore Capital and are unable to provide you with legal advice on your mortgage. LiveMore Capital will pay for the standard legal fees associated with the remortgage whether or not your loan proceeds to completion. You may be charged for additional work and services if required over and above the legal work in a standard conveyancing case. Below are examples of some of the most common additional legal fees. Please note they do not include any third-party fees or legal costs:
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
an existing tenancy agreement
|
£50
|
Checking
and approving an existing solar panel lease
|
£90
|
Completing
and verifying Identification checks for expat customers
|
£40
|
Completing
leasehold checks on all leasehold properties |
£65 |
Completing
tenement checks on a flat or tenement property (Scotland) |
£65 |
Dealing
with flying freeholds or freehold flats
|
£75
|
Dealing
with independent solicitors (hourly rate)
|
£130
|
Dealing
with independent solicitors (to send purchase monies only) |
£40 |
Dealing
with third party solicitor giving Independent Legal Advice
|
£75 |
Dealing
with lease extensions and amendments (acting for borrower, simple case) |
£750 |
Dealing
with Stamp Duty Land Tax or Land Transaction Tax |
£75 |
Dealing
with transfer of equity (excluding disbursements) |
£245 |
Drafting
a matrimonial separation agreement |
£50 |
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)
|
£10
|
Other
additional work not listed here (hourly rate)
|
£130
|
Processing
a change of name or address at Land Registry
|
£25
|
Purchasing
a final share in a shared ownership property (including the transfer,
excluding disbursements) |
£395 |
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 |
Reviewing
and / or varying an estate rent charge |
£195 |
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 existing loans |
£30
|
Validating
the source of a shortfall over £5000 |
£25
|
V3 All Jurisdictions November 2022
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