Until now, the general approach has been that a company cannot claim privilege against its own...
When you purchase a property, there will be additional costs that you need to pay in addition to the price of the property itself. Various factors will affect the cost of your transaction and it is unlikely that any two conveyances will be exactly the same.
However, in most transactions, the following charges will apply:
Solicitors fees (usually fixed at a set amount);
Disbursements (these refer to costs that your solicitor will incur that will be charged to you. For example, the cost of searches or Land Registry fees);
Redemption fees (if you need to redeem any existing mortgages and potential penalties for early repayment);
Stamp Duty (if no exemptions apply);
If you are selling a property, you will incur solicitor fees as well as estate agent fees for marketing the property. You will also need to consider any mortgage redemption penalties as mentioned above.
This list is not exhaustive and the solicitors in our conveyancing team will be able to provide you with a tailored quote.
If you would like any further information or advice in relation to buying or selling a property, please contact us on 01384 410 410 or send an email to residentialconveyancing@georgegreen.co.uk. You can also get a free quote by using our conveyancing quote tool on our website.