Read more about our fees for:
Sale of a Residential Property
Our fees cover all of the work required to complete the sale of your current property from taking instruction on the offer and subsequent missives, ordering searches, repaying any secured loans and registering any deeds at Registers of Scotland and paying any funds to you.
Fees and outlays
- Legal fee: £695*
- VAT payable: £139
- Property Search fees: £138
- Registers of Scotland – fee for registering Discharge: £70
- Electronic money transfer fee: £36
Estimated total: £1078
Outlays are costs related to your matter that are payable to third parties, such as Registers of Scotland and Search Companies. We handle the payment of the outlays on your behalf to ensure a smoother process.
*Please note our fee may change depending of the value of the property
Stages of the process
- Take your instructions and give you initial advice
- Carry out required Anti Money Laundering checks
- Take instruction on the offer received
- Obtain redemption statements from current lender (the amount required to repay your mortgage)
- Order Title Deeds
- Receive and advise on missives (contract)
- Carry out property searches as required
- Obtain further planning documentation if required
- Revise draft documents received from purchasers’ solicitors
- Conclude missives (and notify you that this has happened)
- Issue completion statement
- Complete sale
- Repay any mortgages and pay any outlays due
- Prepare the discharge of the standard security and submit this to the Registers of Scotland
- Paying any surplus funds due to you.
Purchase of a Residential Property
Our fees cover all of the work required to complete the purchase of the property from taking instruction on and submitting the offer and subsequent missives, reviewing title deeds, drafting necessary deeds and registering any deeds at Registers of Scotland.
Fees and outlays
- Legal fee: £850*
- VAT payable: £170
- Registers of Scotland – fee for registering Disposition: £490**
- Registers of Scotland – fee for registering Standard Security: £70
- Advance notice registration fee for Disposition & Standard Security: £40
- Electronic money transfer fee: £36
Estimated total: £1656
Please note that Land and Buildings Transaction Tax (LBTT) is payable on any purchase price over £40,000 – details of how to calculate can be accessed via Revenue Scotland’s website at https://www.revenue.scot/land-buildings-transaction-tax/tax-calculator/lbtt-property-transactions-calculator
Outlays are costs related to your matter that are payable to third parties, such as Registers of Scotland and Search Companies. We handle the payment of the outlays on your behalf to ensure a smoother process.
*Please note our fee may change depending of the value of the property
** Please note this outlay varies in line with the value of the property being purchased – the figure above relates to a property in the price bracket £200,000 to £300,000
Stages of the process
- Take your instructions and give you initial advice
- Carry out required Anti Money Laundering checks
- Submit the offer on your behalf
- Take instruction on the formal acceptance received
- Review the Title Deeds to the property and provide you with a copy
- Review and advise on missives (contract)
- Receive property searches as required
- Review planning documentation if required
- Prepare draft documents and provide to the seller’s solicitors
- Conclude missives (and notify you that this has happened)
- Requisition mortgage loan funds form you lender
- Issue completion statement
- Complete purchase
- Submit relevant deeds to Registers of Scotland for registration.
Remortgage of a Residential Property
Our fees cover all of the work required to complete the remortgage of your current property from drafting new security documents, repaying existing mortgage and registering any deeds at Registers of Scotland and paying any funds to you.
Fees and outlays
- Legal fee: £450
- VAT payable: £90
- Property Search fees: £138
- Registers of Scotland – fee for registering Discharge: £70
- Registers of Scotland – fee for registering Standard Security: £70
- Advance notice registration fee for Standard Security: £20
Estimated total £838
Outlays are costs related to your matter that are payable to third parties, such as Registers of Scotland and Search Companies. We handle the payment of the outlays on your behalf to ensure a smoother process.
Stages of the process
- Carry out required Anti Money Laundering checks
- Obtain redemption statements from current lender (the amount required to repay your mortgage)
- Order Title Deeds
- Carry out property searches as required
- Prepare Standard Security in favor of new lender
- Obtain further planning documentation if required
- Issue completion statement
- Requisition mortgage loan funds form new lender
- Complete remortgage
- Repay any existing mortgages
- Submit Standard Security in favor of new lender to the Registers of Scotland
- Prepare the discharge of the standard security and submit this to the Registers of Scotland.
Discharge of Standard Security Over a Residential Property
Our fees cover all of the work required to discharge a Standard Security over your current property from drafting necessary deed, having executed by lender and registering any deeds at Registers of Scotland.
Fees and outlays
- Legal fee: £250
- VAT payable: £50
- Online Title Search: £3.60
- Registers of Scotland – fee for registering Discharge: £70
- Electronic money transfer fee: £36
Estimated total £409.60
Outlays are costs related to your matter that are payable to third parties, such as Registers of Scotland and Search Companies. We handle the payment of the outlays on your behalf to ensure a smoother process.
Stages of the process
- Carry out required Anti Money Laundering checks
- Prepare the discharge of the standard security and issue to lender for signing
- Issue completion statement
- Receive discharge and submit this to the Registers of Scotland
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All Scottish cases will be handled by the Scottish law firm with which we are associated, Irwin Mitchell Scotland LLP. The law relating to conveyancing and property is different in Scotland and you will receive separate advice about what that means. Please visit our Scottish Conveyancing page for more information.
