Chester: 01244 354800
Liverpool: 0151 3210000
  The Law Society Accredited
DTM Legal Residential Conveyancing - Copy

The SRA have asked all regulated law firms who carry out Residential Conveyancing to publish information on average Residential Remortgage matters.  We believe there is no such thing as an average transaction; we like to treat each client as an individual.  More complex matters may result in additional charges and a longer timescale for completion.  Please do not hesitate to contact us if you have any queries about the information below.

What is the price range for this service?

  • £495.00

What hourly rates do you charge?

  • We do not charge for Residential work on an hourly basis. If your matter requires additional steps to be undertaken, you will be charged a fixed addition fee (please see “What services may be required in addition to the above, and what will they cost?” below).

What disbursements will I need to pay?

  • Office Copies (approximately £6.00)
  • Pre-completion searches (approximately £7.00)
  • Please see attached for Land Registry application fees.
  • Search indemnity insurance (dependent on value of mortgage)

Will I be charged VAT?

  • We charge VAT on our fees but there is no VAT on most disbursements.

What steps are involved?

  1. On receipt of instructions and ID documents from you, carrying out due diligence and complying with money laundering regulations.
  2. Obtaining and investigating title.  Raising any queries with you that may be necessary.

Steps 1 & 2 are done within three days of receipt of pack.

  1. Obtaining redemption statements for any existing mortgages.
  2. Receiving and checking mortgage offer and reporting to you and the lender.  Sending you the mortgage deed to sign, within three days of receipt of mortgage offer.
  3. On receipt of all documentation from you, agreeing a completion date.
  4. Completion – All completions will be dealt with expeditiously on the agreed completion date.
  5. Attend to registration at HM Land Registry within a week of completion.
  6. Sending completed registration documents to you and, where applicable, the lender, within two days of receipt from HMLR.

What services are included in the price?

  • Obtaining and investigating title.
  • Redeem current mortgage.
  • Complete a new mortgage.

What services may be required in addition to the above, and what will they cost?

  • Transfer of Equity – £350.00 plus VAT
  • Declaration of Trust – £250.00 plus VAT

Who will handle my matter?

Who supervises the work?

 

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