Fee transparency

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Fee transparency

Rix & Kay is committed to providing complete transparency on its fees and these are detailed below along with our online Quick Conveyancing Quote that provides individuals with an immediate and clear cost estimate for a wide range of property sale and purchase transactions.

Unlike high volume conveyancing firms, our service and the success of our team has been established by delivering the highest level of legal expertise with a commitment to delivering an outstanding customer experience. Take a look at our client service promiseand ensure you understand any commercial arrangements your estate agent haswhen recommending lawyers or conveyancers to you.

Our residential property fees

Freehold sale and purchase

Property value Fees
From To Sale Purchase
£0 £250,000 £1115 + £223 (VAT) = £1388 £1115 + £223 (VAT) = £1388
£250,001 £350,000 £1275 + £255 (VAT) = £1530 £1275 + £255 (VAT) = £1530
£350,001 £500,000 £1450 + £290 (VAT) = £1740 £1450 + £290 (VAT) = £1740
£500,001 £750,000 £1730 + £346 (VAT) = £2076 £1730 + £346 (VAT) = £2076
£750,001 £1,000,000 £2125 + £425 (VAT) = £2550 £2125 + £425 (VAT) = £2550
£1,000,001 £2,000,000 £3750 + £750 (VAT) = £4500 £3750 + £750 (VAT) = £4500
£2,000,001 Above On application On application

 

Leasehold sale and purchase

Property value Fees
From To Sale Purchase
£0 £250,000 £1765 + £353 (VAT) = £2118 £1765 + £353 (VAT) = £2118
£250,001 £350,000 £1925 + £385 (VAT) = £2310 £1925 + £385 (VAT) = £2310
£350,001 £500,000 £2100 + £420 (VAT) = £2520 £2100 + £420 (VAT) = £2520
£500,001 £750,000 £2380 + £476 (VAT) = £2856 £2380 + £476 (VAT) = £2856
£750,001 £1,000,000 £2775 + £555 (VAT) = £3330 £2775 + £555 (VAT) = £3330
£1,000,001 £2,000,000 £4400 + £880 (VAT) = £5280 £4400 + £880 (VAT) = £5280
£2,000,001 Above On application On application

 

Additional fees that may apply

Sale – Indemnity Policy: Sourcing and/or approving an indemnity policy on behalf of a seller £160 + £32 (VAT) = £192
Purchase – Indemnity Policy: Advising on the indemnity policy & reporting £250 + £50 (VAT) = £300
LPE1: Assisting with completing an LPE1 for a Landlord £270 + £54 (VAT) = £324
ID1: £160 + £32 (VAT) = £192
ID2/ID5: £320 + £64 (VAT) = £384
Severance of Tenancy (SEV1 Form): £490 + £98 (VAT) = £588
Register Form A restriction: £490 + £98 (VAT) = £588
Transfer of Equity: £1200 + £240 (VAT) = £1440
Building Safety Act (BSA): Advising on/dealing with/serving Deed on Landlord From 2 hours fee earner hourly rate
Shared Ownership: £380 + £76 (VAT) = £456
New Build: Purchase Only £540 + £108 (VAT) = £648
Drafting a New Lease: £1600 + £320 (VAT) = £1920
Deed of Variation: Approving a Deed in conjunction with a sale or purchase £540 + £108 (VAT) = £648
Deed of Variation: Drafting a Deed on its own £1100 + £220 (VAT) = £1320
Mortgage Fee for Lease Extension/Deeds of Variation: £190 + £38 (VAT) = £228
Deed of Covenant: Acting for Buyer (will be more if we have to draft) £80 + £16 (VAT) = £96
Removing Unilateral Notice: £70 + £14 (VAT) = £84
Voluntary First Reg Fee: £850 + £170 (VAT) = £1020
Gifted Deposit Fee: £160 + £32 (VAT) = £192
Leasehold Fee: £280 + £56 (VAT) = £336
Unregistered Fee: £280 + £56 (VAT) = £336
Mortgage Fee: £160 + £32 (VAT) = £192

Supporting high-net-worth individuals

The team have an outstanding reputation of managing high-value transactions on behalf of high-net-worth individuals and their families. Contact a member of our team directly for an informal chat about how we can help.

Please note, for any transactions in excess of £2million please contact a member of our team directly to discuss your bespoke requirements and to obtain a fixed cost quote.

Who will undertake your work?

Our approach to delivering outstanding client service centres on all our work being led by a dedicated Partner or lawyer who is assigned to manage your transaction. You will have direct access to your dedicated Partner or lawyer who is also supported by a wider team of other professionals and support staff within the firm’s Residential Property Team.

All our clients benefit from this wider team approach that will comprise of the following individuals:

  • Residential Property Partner
  • Residential Property Solicitor (supervised by Partner)
  • Conveyancing Assistant / Paralegal (supervised by Partner/Solicitor)
Conveyancing Quality Mark FINAL logo

Rix & Kay is Conveyancing Quality Scheme (CQS) accredited.

The Law Society’s Conveyancing Quality Scheme (CQS) provides a recognised quality standard for residential conveyancing practices. Membership establishes a level of credibility for firms with stakeholders such as regulators, lenders and insurers as well as residential homebuyers and sellers.

Find out more about the CQS.

 

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