![]() We will update you on the specific disbursements upon receipt and review of the lease from the seller’s solicitors. This list is not exhaustive and other disbursements may apply depending on the terms of the lease. These additional leasehold disbursements vary from property to property. Deed of Covenant fee (this is provided by the management company for the property and can be difficult to estimate).Notice of Charge fee (if the property is to be mortgaged).The additional disbursements which we anticipate will apply to a leasehold property are as follows: In addition, if the property you are buying is leasehold, there are certain disbursements which will be set out in the individual lease relating to the property. The disbursements which usually apply to a freehold purchase are: We handle the payment of disbursements on your behalf to ensure a smoother process. If you are buying a property for one of the prices illustrated, please still contact us for a fee estimate relating to your purchase, as costs vary depending on individual circumstances.Įxample 4: Leasehold Purchase for £800,000 (Not new build, not shared ownership) Stamp Duty Land Tax: Residential property rates – GOV.UK (These examples are by way of illustration only. Please visit the following website to confirm the stamp duty land tax payable as this will vary depending on if you are a first-time buyer, or if the property will be an additional property or replacement of your main residence. Leasehold Notice fees: seller’s solicitors to advise.Fee for electronic client ID check £12 (per person) + VAT. ![]() If you are buying a property for one of the prices illustrated, please still contact us for a fee estimate relating to your purchase, as costs vary depending on individual circumstances.Įxample 2: Freehold Purchase for £800,000 (Not new build, Not shared ownership)Įxample 3: Leasehold Purchase for £600,000 (Not new build, not shared ownership) Please visit the following website to confirm the stamp duty land tax payable as this will vary depending on if you are a first time buyer, or if the property will be an additional property or replacement of your main residence. ![]()
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