This August marks the 1-year anniversary of Adam Mayer being appointed the latest Director of Nowell Meller. Adam joined the firm in 2015, started his training contract in 2017 and qualified as a Solicitor in 2019. Following Adam’s hard work and...
Thank you for looking at our property services. Whether you are a first-time buyer or an investor, we are here to take some of the stress out of buying and selling a home. We will guide you through each step of the transaction and tailor our service to your personal requirements, so you get exactly the service you need.
When it comes to selling a property, there are important decisions you need to make and we are here to ensure that all your legal obligations are met. We want to assist you in selling your house quickly and efficiently, leaving you free to move on to your next property.
Why Us
We have an experienced team who understand the stresses involved in selling property. Our approach is a simple – we provide a first-class service from our expert team who make the difference by taking care of all the important legal details and removing any confusion and uncertainty from the process of selling a property.
Whether you are selling your property through an estate agent or privately, we will make everything as clear as possible. Our team are made up of highly qualified Solicitors and support staff who have the legal and technical “know-how” to resolve any issues as they arise in a professional and efficient manner.
We recognise that communication is key, especially where there are complex issues to deal with, so will ensure you are always kept up-to-date and get answers to your questions in plain English.
We want you to feel confident that you are a priority, with our aim being that any member of the team is available to speak with you when you need some clarity and certainty at any stage in the process. We feel this provides reassurance and gives you an outlet for any concerns that you may have. We know property is often the biggest investment you have, so we want to offer a reliable, first-class service to protect that investment, while giving you value for money with no hidden fees.
We are proud to hold Lexcel and CQS Accreditations, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain high levels of client care.
Pricing
The fees involved in any transaction are important and we review our fees on a regular basis, considering client feedback to ensure we always offer good value for money. We typically work on a fixed fee basis, so that from the outset you know what the fees will be for your transaction.
If during the transaction there is a new development, we will discuss the change in fees with you and agree a way forward.
Residential Sale
Our fixed fees cover all the work required to complete the sale of your current home. The following table shows our fees for the sale of registered freehold property.
Price | Our fees | VAT | Office Copies (note 1) | TT Fee (note 2) | Total |
|---|---|---|---|---|---|
To £499,999 | Up to £975 | £195 | £14.40 (incl VAT) | £54 | £1,238.40 |
Over £500,000 | From £1,275 | £255 | £14.40 (incl VAT) | £54 | £1,598.40 |
| Between £1M-£1.5M | On request, we can provide | £- | £14.40 (incl VAT) | £54 | TBC |
Notes:
- The office copies figure is indicative – it assumes one copy of the registered title and one copy of the title plan. If additional title documents are required, then the charges made by the Land Registry will be higher – typically £3 plus VAT per additional document.
- The TT fee is indicative – it represents bank charges and our fees for sending the sale proceeds to a single account electronically on completion of the sale. If the sale proceeds are to be sent to more than one account of if there is a registered charge to be discharged, then this fee will be raised for each transfer made.
- Following the implementation of the Building Safety Act 2022, a bespoke estimate will be provided for any additional work required in respect of any leasehold property. dealing with issues arising in respect of affected properties. If the property is not affected by the Act, then there will be an additional charge of only £195 plus VAT (i.e. £234) higher than that shown in this table. In addition, Office Copies are usually around £32. If there are managing agents or a managing company, then these will each usually charge their own fees for providing information required by your buyer. These are highly transaction-specific and we will only be able to give you better information about these once we commence our work and have been provided with details of those figures.
Exclusions
We do not provide tax advice.
Our fees are fixed, however there may be factors which would increase the cost of the fees estimated above. Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.
Factors that may lead to an increase in cost include:
- If a legal title is defective or all or part of the property is unregistered
- If crucial documents, we have previously requested from you have not been provided to us
- If you require to exchange within 6 weeks of instructing us
- If you require completion within 6 weeks of instructing us
- If you require simultaneous exchange and completion
Time Scales
For any transaction, the timescales are subject to change depending on when your offer is accepted and other factors involved, such as:
- Number of parties in the chain
- Whether the buyer has a mortgage in place
- Whether the buyer requests lease extension for a leasehold property
- Whether the searches flag up any issues
- Whether buyer’s Survey shows up any issues
- Buyer’s Enquiries
A typical transaction will take between 10-14 weeks. However, if any of the above apply or there are other factors we need to take into consideration, it may increase the time by a further 4-6 weeks and additional charges may occur. We will discuss this with you at the earliest opportunity, so you always have a clear picture of how long things are likely to take.
Key Milestones
With every transaction there are key milestones, which may vary according to individual circumstances. They may be as follows:
- Taking your instructions and giving initial advised based on the information you have provided
- Checking finances are in place for the buyer to fund the purchase
- Drafting contracts of sale and any other necessary documents and reviewing these with you
- Sending the contacts of sale to the buyer’s solicitor and dealing with any enquires they have
- Providing advice on all documents and information received
- Finalising the contract and sending to you for signature
- Agreeing a completion date (the date from which the buyer will legally own the property)
- Exchanging contracts and notify you that this has happened
- Completing the purchase
