Due to the use of technology and our efficient processes we are competitively priced and can offer:
· Quick, no obligation quoting
· 100% price transparency
· Fixed fee quote
We promise 100% transparency pricing. We break down every item on your quote, explain it, and keep it visible on your online portal
Whilst we aim to deliver our original quote, changes can arise during the conveyancing process. In these cases, we will always inform you as soon as possible and let you know the cost implications. Throughout the process, we guarantee no hidden charges and no surprises.
Subject to the following conditions MJP operates a ‘No sale, No fee’ policy :
a) payment of the £100 (inclusive of VAT @ 20%) non-refundable legal fee deposit, and
b) in the case of a purchase payment of search fees ( if applicable )
For the avoidance of doubt, in the event the transaction should abort the £100 deposit and search fees will not be refundable. No further fees in this event will become payable.
In situations where we cannot act for you due to professional obligations, we won’t raise any fees and will return any remaining funds to you. We will tell you about our decision to end the retainer as soon as possible. Although we aren’t obliged to disclose the reasoning behind a decision not to act, we aim to co-operate fully with the solicitors you chose to instruct.
Examples of these situations may include:
We sincerely hope your transaction is successful. If, however the transaction falls through, either through your or the other party’s choice, we will only charge you the initial deposit and incurred search fees.
These are our fees for doing the work and are payable to MJP
Please see below for a table showing our estimated legal fees
This is money which MJP must pay others for the service they provide in connection with your transaction
Profit costs are the fees paid for the legal work on your file. When MJP provide you with a quote, you will see our profit costs at the top of the quote labelled ‘Our fees’. These include:
MJP offers a fixed fee quote. This means a fee is calculated based on the property’s value, the property’s tenure, and any additional elements that may create additional work.
Applicable for both sale and purchase
This is to facilitate the transfer of completion funds. This fee is usually £23 + VAT @ 20%.
Applicable for purchase transactions only
This is to order and report on your searches for a property purchase. This is £152.25 + VAT @ 20%.
Disbursements are the fees paid to Third Parties such as the Land Registry, Councils and other solicitors. They are always part of buying or selling a home, no matter which property lawyer you choose.
When MJP provide you with a quote, we show these fees at the bottom half of the quote labelled ‘Disbursements’. These may include:
Applicable for both sale and purchase
If funds are paid by telegraphic transfer, a Bank Transfer Fee will be charged over and above the amount the bank charges us. This is to undertake the work of arranging the telegraphic transfer on your behalf. This typically costs £8.40 inclusive of VAT
Applicable for purchase only
Payable to the Conveyancing Data Services (CDS) for the provision of searches concerning the property and surrounding area. This typically costs £117.30 inclusive of VAT.
Applicable for both sale and purchase
Payable to the Land Registry for the provision of the documents which make up the property’s title deeds. The Land Registry charge £3 per document.
For leasehold properties, you will need to pay for an official copy of lease which details the term of the lease, the amount of rent payable and all other obligations affecting the property. This costs £3.
It may be necessary to order other documents referred to in the Register of Title held at the Land Registry.
Applicable for purchase only
Mortgage lenders require us to conduct this search to determine whether the potential borrower has been made bankrupt at a cost of £2 per person.
Applicable for purchase only
A fee is payable to the Land Registry for the registration of the change of ownership of the property and is payable by the purchaser. A sliding scale of fees applies and is dependent on the property value
Applicable for purchase only
A priority search against the title deeds ensures that no changes can take place before registration of your ownership for 30 days after completion at a cost of £3.
Land Registry, bankruptcy check, registration fee and priority search fees are NOT subject to VAT
Several factors can alter the quote during a transaction, which may increase your fees. For a list of these please click here.
| Approximate Quotation | Additional Fees | ||||||
|---|---|---|---|---|---|---|---|
|
Property Value |
Standard Purchase |
Standard Sale |
Standard remortgage/TOE |
TOE + Remortgage |
Sale/Purchase Leasehold |
Other Leasehold |
|
|
£0 - £750,000 |
£1095 + VAT @ 20% |
£1095 + VAT @ 20% |
£650 + VAT @ 20% |
£900 + VAT @ 20% |
Add £795 + VAT @ 20% |
Add £200 + VAT @ 20% |
|
|
£750,001 - £1,000,000 |
£1295 + VAT @ 20% |
£1295 + VAT @ 20% |
|||||
|
£1,000,001 - £2,000,000 |
£1495 + VAT @ 20% |
£1495 + VAT @ 20% |
|||||
|
£2,000,001 + |
Contact Us |
Contact Us |
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We do not act when the transaction exceeds £3 million
Other than the initial £100 deposit (for a sale only) or the initial £100 deposit and your search fees (for a purchase transaction), all fees and disbursement, including Stamp Duty, must be paid and cleared 24 hours before your agreed completion date. Upon prior agreement, you can make payments from the proceeds of your sale.
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MJP Conveyancing Ltd is a company registered in England and Wales Registered No: 8026741 VAT Number: 157917571. A full list of the directors is available upon request. We use the word ‘Partner’ to refer to a Director of the Limited Company, or any employee or consultant with equivalent standing and qualification. Equality and Diversity Policy Equality and Diversity Policy Statement for Client
