Your Online Conveyancing Quote Explained
Our online conveyancing quote system is user-friendly and completely transparent.
We cater each quote to an individual’s needs. Our online conveyancing quote tool asks you a series of questions about your property purchase, sale or remortgage. Your answers will help to shape your quote so you know exactly what your conveyancing fees will be. Your online conveyancing quote will break down all the costs for you and from there; you have the option to instruct online.
What’s included in our Arrow conveyancing quote?
Basic solicitors fee
A fixed fee based on property price; this price will have VAT added to it.
Other fees – based on the answers you’ve given
New Build Fee – we have to apply an additional fee for new build properties, as there are extra checks and work to be done. New build purchases are often much tighter on timescales, these imposed by the developer, so it is important to instruct a conveyancer as soon as a developer deposit / reservation fee is paid.
Leasehold Fee – there is an additional charge for leasehold properties, as we need to do additional work to check the terms of the lease for you.
Buy to let or purchased for investment – it does not have an impact on your quote however, it will have an impact on your stamp duty costs.
Mortgage Fee – if you are taking a mortgage to fund the purchase of the property or we need to redeem your mortgage, then there will be an additional fee for this work.
ID Checks – ID checks are payable per client involved in the sale or purchase.
Shared Ownership – we will need to charge an additional fee where a property is shared ownership liaising with the party you are sharing ownership with, for example the Housing Association.
Bank Transfer Fee - we will need to transfer fund electronically for sales, purchases and remortgages, we use CHAPS to transfer large amounts on the same day. There is a charge of £40 per transfer.
Stamp Duty Land Tax Admin Fee - this fee needs to be paid even if you are a first-time buyer not paying stamp duty.
Third party fees – these are standard and set by third party providers
Standard searches – we offer a search bundle which will cover Local Authority, Drainage and Water, Environmental and Chancel reports.
Land registry searches – this is a search for information regarding land ownership, mortgages, charges, easements, restrictive covenants, property boundaries, rights of way and current and past ownership.
Land registry fee – is paid to the land registry to update the detail for the property with your information on completion.
VAT is charged on our fixed fee and other fees. VAT does not apply to third party charges.
What happens now I’ve completed my online conveyancing quote?
Once you have completed all answers required, we can send you your detailed conveyancing fees quote. If you have any questions you can get in touch using email or arrange a callback.
If you are happy with your Arrow Conveyancing quote and choose to work with us to carry out the conveyancing for you, you can instruct us straight away.
To find out more about what to expect after you instruct – visit our how it works guides. Taking you through the stages of the conveyancing process for buying, selling, buying and selling or remortgaging.
The process couldn’t be simpler – instant quote, clear and fair fees, reassurance that we use regulated conveyancers and a process designed to be simple and speedy.
To get the ball rolling with buying a house, get a quick, instant conveyancing quote.
The materials on this website do not constitute legal advice and are provided for general information only. Whether express or implied, no warranty is given concerning such materials. We shall not be liable for any technical, editorial, typographical, or other errors or omissions within the information provided on this website, nor shall we be responsible for the content of any web images or information linked to this website.
The information contained in this article does not constitute financial advice or recommendation and should not be considered as such. Arrow conveyancing does not offer financial advice and is not regulated by the Financial Conduct Authority (FCA), the authors of this article are not financial advisors and are therefore not authorised to offer financial advice.