Additional fees may be charged for additional work and services over and above the legal work in a fees assisted remortgage conveyancing case. The following charges can be made to the customer at the rates set out below:
Additional
Legal Fees (All jurisdictions as appropriate) |
|
Additional
Legal Work |
Additional
Fee Payable by Customer |
Landlord or
Management Companies |
Any notice or
other fee payable to the Landlord or Management Company in accordance with the terms of the lease/transfer |
First
Registration at Land Registry |
£95 + VAT +
Additional Land Registry fee payable above £20 |
Investigating
the Title to Additional Land |
£45 + VAT +
disbursements |
Leasehold
Supplement (EW) Tenement Supplement (SC) (only charged for complex cases that do not meet the FastTrack criteria) |
£75 + VAT |
Transfer of
Equity |
£245 + VAT
and any Additional Land Registration Fees, Searches, or Stamp Duty Land
Tax payable |
Defective
Title (Hourly rate) |
£150 + VAT
and disbursements |
Standard Deed
of Postponement |
£150 + VAT
per deed |
Simple
Declarations of Trust |
£145 + VAT |
Shared
Ownership Leases; but only where a Final Tranche is being Purchased |
£395 + VAT +
any additional Land Registration Fees, Searches, or Stamp Duty Land Tax
payable in connection with the Acquisition of the Tranche |
Purchase of
Interim Share |
£195 + VAT |
Deed of
Guarantee |
£50 + VAT |
Assured
Shorthold Tenancy |
£95 + VAT |
Removal of 2 nd
and Subsequent Charges |
£25 + VAT +
Disbursements |
Telegraphic
Transfer of surplus funds to the borrower |
£35 + VAT Per
Transfer |
Dealing with
independent solicitors for related onward purchase |
£40 + VAT +
Telegraphic Transfer fee of £35 + VAT |
First
Registration in Scotland (from Sasine Register, excluding disbursements) (Complex registration will incur higher fees which your law firm will confirm) |
£95.00 + VAT |
Checking and
approving an existing solar panel lease |
£90 + VAT |
Completing
and Verifying Identification Checks for Expat Customers |
£40 + VAT |
Completing
Electronic Identification Checks (Per Customer) |
£5 + VAT |
Dealing with
Independent Solicitors (Hourly Rate) |
£150 + VAT |
Dealing with
Lease Extensions and Amendments (Acting for Borrower, Simple Case) |
£750 + VAT |
Dealing with
Lease Extensions and Amendments (Acting for Borrower, Complex Case)
(Hourly Rate) |
£250 + VAT |
Dealing with
Stamp Duty Land Tax or Land Transaction Tax |
£75 + VAT |
Drafting a
Statutory Declaration |
£50 + VAT |
Forwarding a
copy Title Information Document /Updated Registers of Title to the
customer |
£20 + VAT |
Forwarding
pre-registration deeds and documents |
£10 + VAT |
Obtaining a
Letter of Postponement from the Ministry of Defence or Local
Authorities (per letter) |
£50 + VAT |
Ordering
Documents or Leases referred to in Office Copies (excluding
disbursements) |
£10 + VAT |
Other
additional work not listed here (hourly rate) |
£150 + VAT |
Processing a
Change of Name or Address at Land Registry |
£20 + VAT |
Redeeming and
Discharging an Islamic finance loan |
£245 + VAT |
Redeeming an
Existing Help to Buy Equity Loan |
£75 + VAT |
Registering a
Third-party Transfer Document (excluding disbursements) |
£100 + VAT |
Removing a
Personal Charge (per charge) |
£150 + VAT |
Removing a
Tenancy in Common Restriction |
£50 + VAT |
Reversing
Legal Completion (excluding disbursements) |
up to £390 +
VAT |
Reviewing
and/or varying an estate rent charge |
£195 + VAT |
Satisfying a
Land Registry Anti-Fraud Restriction |
£75 + VAT |
Satisfying a
Special Condition in the Mortgage Offer (per condition) |
£45 + VAT |
Satisfying or
Removing a Restriction or Caution or inhibition (not for Tenancy in
Common) |
£150 + VAT |
Validating
the Source of a Shortfall over £5,000 |
£25 + VAT |
V6 January 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