Typical Fees

Residential Conveyancing

TEAMS

We have three offices in Old Street London EC1, Baker Street London W1 and Manchester Piccadilly which all have teams carrying out conveyancing.

The team at Old Street is supervised by partners Sarah Hung, Paul Cain and Deniz Oguzkanli and comprises solicitors and other conveyancers.

The team at Baker Street is supervised by partners John O’Callaghan and Mustafa Abbas, and comprises solicitors and other conveyancers.

The team at Manchester is supervised by partner Afsheen Nasr, and comprises solicitors and other conveyancers.

You will have a dedicated person who will be responsible for your case and who will be supported by team colleagues.

OUR FEES

Our fees for conveyancing services will depend on the value of the property and the degree of complexity. We do not aim to be the cheapest in the market, but to offer good value for quality work and service.

Residential Property sales and purchases.

Our fees will range from £950 plus vat at the lower end of the scale to, for example, £2,500 plus vat for a purchase of £2,000,000. Some examples are given below but please do contact us without obligation us for a specific quotation tailored to the particular work involved. The more information we have about the transaction the more accurate we can be.

Our fees will include:

Purchase

  • Dealing with identity requirements and other compliance
  • Reviewing title and information supplied by the seller
  • Carrying out searches and enquires
  • Reporting to you on the transaction
  • Acting for your mortgage lender
  • Dealing with exchange of contracts
  • Preparing for and dealing with completion
  • Dealing with your Stamp Duty Land Tax Return and payment
  • Registration at land Registry

Sale

  • Dealing with identity requirements and other compliance
  • Preparing sale contract and documentation
  • Dealing with purchaser enquires
  • Dealing with exchange of contracts
  • Preparing for and dealing with completion
  • Paying off existing mortgage and accounting to you for sale monies ( if there are multiple charges or restrictions to be redeemed we may charge additional fees depending on the work involved)

Remortgage

  • Dealing with identity requirements and other compliance
  • Reviewing mortgage offer and conditions and dealing with requirements of the lender
  • Preparing mortgage documentation
  • Preparing for and dealing with completion
  • Paying off existing mortgage and accounting to you for sale monies
  • Completing the remortgage and registering at Land Registry

Non standard transactions

We may charge different fees for cases which have particular features or complications. For example:

  • Auction purchase. Typical additional charge will be 25% of our usual fee
  • Unregistered title Registration of tile. Typical additional charge will be 25% of our usual fee.
  • New build properties. Typical additional charge will be 25% of our usual fee.
  • Islamic mortgage. Typical additional charge will be 25% of our usual fee.
  • Help to buy. Supplement £150 plus vat
  • Help to Buy ISA £50.00 plus vat
  • Shared ownership. Supplement £250 plus vat
  • Purchase of repossessed property. Typical additional charge will be 25% of our usual fee.
  • Lease extensions and variations. Fees dependent on terms and complexity.
  • Buy to let mortgages by specialist lenders
  • Overseas identity requirements ( £250 to £500 plus vat )
  • Documentation for Gifts of deposits ( typically £150 plus vat)
  • Dealing with defective titles
  • Some example simple cases are provided below

    Example for a leasehold purchase of a flat for £350,000 by a first time buyer

    Our fees Amount VAT
    Our fee for acting in leasehold purchase of £350,000 £1,200 £240
    Other Costs
    Bank transfer fee (to complete) £35 £7
    Completing Land Transaction Return £50 £10
    £1,285 £257
    Disbursements Amount VAT
    Searches (indicative cost; amount varies per Local Authority) £200 £40
    Land Registry Priority Searches £4 n/a
    Bankruptcy Search per person £3 n/a
    Stamp Duty Land Tax (assuming you have never previously owned a property) £2,500 n/a
    Land Registry Fee £135 n/a
    Check on the seller’s solicitor’s bank account £12 n/a
    Electronic ID checks £12 n/a
    Fee payable to landlord to record change of ownership (this is very variable depending on the lease) £100 £20
    Chancel policy (to protect against any potential liability under ancient laws to contribute to church repair) £17.50 n/a
    £3,016 £60
    Total Amount VAT
    £4,301 £317

    Freehold remortgage of freehold house with redemption of existing mortgage

    Our fees Amount VAT
    Our fee for acting in freehold remortgage of £350,000 £650 £130
    Other Costs
    Bank transfer fee (to complete) £35 £7
    Bank transfer fee (to redeem mortgage) £35 £7
    £720 £144
    Disbursements Amount VAT
    Searches indemnity policy (if lender allows, this will be less than the cost of searches) £51 n/a
    Land Registry Priority Search £4 n/a
    Bankruptcy Search £3 n/a
    Land Registry Fee £40 n/a
    Electronic ID checks £12 n/a
    £110
    Total Amount VAT
    £830 £144

    Other information

    This information is provided for illustration purposes and to help clients understand how we charge for our services. Please do discuss your circumstances. If you instruct us you will be provided with a tailored quotation in our client care letter / terms of business which will set out our relationship.

    Employment tribunal cases – claims for unfair and wrongful dismissal

    TEAM

    The team at Old Street is supervised by partners Rebecca Roberts and Jonathan Roberts and comprises solicitors and other fee earners.

    You will have a dedicated person who will be responsible for your case and who will be supported by team colleagues.

    OUR FEES

    There are three main elements to the legal fees that you will incur in relation to employment tribunal cases:

    • Our fees;
    • Expenses we must pay out of your behalf; and
    • Costs that you may have to pay another party.
    • The amount we charge depends on a number of different factors such complexity and value. We charge clients based on the amount of time that we spend on a matter. The hourly rate will depend on the seniority of the lawyer acting on your matter and also how complex the work is. Our typical hourly rates range from £230 per hour + VAT for a solicitor to £300 per hour + VAT for a partner.

      We sometimes agree fixed fees for different stages of a matter if appropriate for your case.

      Expenses (disbursements)

      Even where our charges are fixed, you may also have to pay some expenses in addition. For example, a barrister’s fees, court fees or fees for an expert witness. We will usually notify you of the amount of these expenses before they are incurred.

      Costs you may have to pay another party

      Costs do not usually follow the event in the employment tribunal which means that even if you win, you will usually have to pay your own legal fees. There are a few circumstances when the employment tribunal will award costs and it is possible that either you or the other party can apply for a costs order from the employment tribunal.

      Overall Costs

      We estimate that the total cost to bring or defend a case in the employment tribunal will be approximately:

      • £20,000 - £25,000 + VAT for an ordinary unfair dismissal case.
      • £25,000 - £50,000 + VAT for a complex case such as automatic unfair dismissal involving TUPE.

      This estimate includes our professional charges and disbursements (for example, a barrister’s costs and photocopying costs). An employment tribunal case can become more complicated and this will increase our legal fees. For example, the ‘estimated total legal costs’ does not include defending applications brought by your opponent – this would increase cost and we would notify you about this before incurring additional fees. Additionally, if you make a claim and the employer argues that you are self-employed or if there are jurisdictional issues that need to be dealt with, this will also affect our fees and is not included in the ‘estimated total legal costs’.

      However every case is different and we encourage you to contact us to discuss your circumstances. We also point out that in the majority of cases a settlement is reached before trial, which would reduce the overall cost. If you instruct us you will be proved with a tailored quotation for your case in our client care letter / terms of business.

      Likely timescale

      A simple employment tribunal case is likely to take 12-18 months from start to finish, if the matter goes to trial (this is largely dependent on how busy the Tribunal is). However as stated above employment tribunal cases often settle and can be resolved before the full hearing.

      What are the key stages of an employment tribunal?

      The key stages are as follows and are included in the estimated overall legal costs:

      • Taking your initial instructions and reviewing the initial documentation that you send to us.
      • Doing a ‘case assessment’ where we will send you a letter of advice on the strengths and weaknesses of your case.
      • Negotiating with your employer through ACAS after you have submitted the ACAS early conciliation notification.
      • Drafting the claim form (ET1) or response (ET3).
      • Preparing a schedule of loss or responding to the claimant’s schedule of loss with a counter schedule of loss.
      • Liaising with counsel, agreeing a list of issues, reviewing the documentation, preparing a bundle for the preliminary hearing and preparing for the preliminary hearing.
      • Attending the preliminary hearing and discussing the outcome with you.
      • Advising you on your disclosure obligations, reviewing the documents that you will disclose and submitting the disclosure documents to the other side.
      • Preparing the bundle of documents to give to the other parties and the employment tribunal.
      • Preparing witness statements and advising on the witness statements provided by the other side.
      • Agreeing and preparing a bundle for the final hearing.
      • Liaising with the barrister in relation to the final hearing, reviewing the documentation in relation to the final hearing and attending the final hearing.

      Uncontested Probate Work

      When someone passes away it is often necessary to obtain a Grant of Representation to obtain the authority to deal with the deceased’s assets and liabilities. The process depends on whether or not there is a valid Will.

      Whatever the position, we can help you through this difficult process by obtaining the Grant on your behalf. We will also undertake the collecting and distributing of assets.

      TEAM

      The team at Old Street is supervised by partner Jonathan Roberts and comprises of solicitors and other fee earners.

      You will have a dedicated person who will be responsible for your case and who will be supported by team colleagues.

      OUR FEES

      The exact cost will depend on the individual circumstances of the matter, as outlined below. The below fees apply to uncontested estates only. This means that there is no dispute as to the validity of the Will, or between the beneficiaries on the division of assets, and there are no claims being made against the estate.

      Our fixed fee will usually be £1,500-£3,000 + VAT for simple estates where:

      • There is a valid will; or there is not a will but the Intestacy beneficiaries are a surviving spouse and/or children and all easily identifiable; and
      • There is no more than one property; and
      • Any shares are held with one registrar and/or total less than £5,000; and
      • All beneficiaries are identifiable and traceable, and there is no trust required (such as for a minor or vulnerable person); and
      • There is no or little inheritance tax payable.

      What does this fee include?

      You will be provided with a dedicated and experienced private client solicitor who will see the process through from start to finish. Their professional service will include the following:

      • Identifying the executor(s) or administrator(s) and the type of Grant that is required;
      • Notify the institutions and obtain the required documents and asset valuations;
      • Complete the relevant HMRC form and calculate any IHT due;
      • Draft a legal oath for you to swear
      • Make the application to the Probate Registry on your behalf;
      • Obtain the Grant and send this to the institutions;
      • Collect the assets, attending to the institutions’ requirements, and pay any liabilities;
      • Prepare the estate administration accounts for your approval; and
      • Distribute all assets in the estate to the entitled beneficiaries.

      Are there any additional costs?

      Disbursements will be payable to third parties in addition to our fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. The potential third party costs are as follows:

      • Bankruptcy-only Land Charges Department searches (£3 per beneficiary);
      • Obtaining title documents for properties £3 per title document;
      • £40 Post in The London Gazette – Protects against unexpected claims from unknown creditors.
      • Property valuations undertaken by a RICS qualified surveyor £450 + VAT
      • Asset search for any missing assets £135 + VAT
      • Probate Application Fee - £155 (subject to change in April 2019
      • How long does the process take?

        On average, estates that fall within this range are dealt with within 4-6 months from taking instructions to closing our file. The time it takes to obtain the information required to prepare the probate application often takes 2-6 weeks. This depends both on the assets held in the estate, the efficiency of third parties in responding to us, and on how promptly the executors are able to liaise with us and sign documents. Typically, obtaining the Grant (once the application has been sent to the Registry) takes 2-6 weeks. Collecting in the assets then follows, which can take up to 8 weeks depending on the assets involved.

        Finalising and approving the estate accounts and distributing the assets to the beneficiaries can then take up to 4 weeks.

        If there is a property to sell, then the process will take longer to finalise and be dependent on the property market. There will also be fees for dealing with the sale of any properties, which will be confirmed with you by a solicitor in our conveyancing team prior to any work being undertaken.

        What if my matter is more complicated?

        If the estate is more complicated than outlined above, then we will need to revise our fees for the additional complexity and resulting additional work required by us. This will depend on the circumstances in question. We will always discuss this with you and agree a fee prior to commencing work.

        Possible complications include:

        • Multiple beneficiaries, including those that are charitable, resident overseas, under 18 and/or vulnerable;
        • One or more of the beneficiaries cannot be located;
        • There is more than one property, a life interest in a property, and/or rental properties;
        • An application for the Residence Nil Rate Band inheritance tax relief is required is required;
        • A trust is created in the Will, or arises in respect of a minor beneficiary;
        • There are share holdings with more than one share registrar and / or worth more than £5,000;
        • A deed of variation is being entered into to vary the beneficial entitlements;
        • The estate has an international element, such as a query over the deceased’s domicile, assets owned in another jurisdiction or beneficiaries located overseas.

        Immigration

        TEAM

        The team at Old Street is led by Hillay Janebdar and supervised by a partner, Deniz Oguzkanli and comprises of solicitors and/or other fee earners.

        You will have a dedicated person who will be responsible for your case and who will be supported by team colleagues.

        OUR FEES

        Our fees for immigration are dependant on the application, stage, time consumption and the degree of complexity and urgency. Our fees are usually inclusive of attending on the client and taking their instructions, considering documents, providing advice, preparing and submitting the application, advising on timelines and the likely outcome of their application. All our fees are exclusive of VAT and disbursements.

        As a rough guide, our fees for:

          Naturalisation or registration under the British Nationality Act 1981 range between £1500- £2000 plus VAT plus Disbursements.
        1. Applications on behalf of European Economic Area (EEA) nationals and their family members under the applicable EEA Regulations or Immigration Rules, including applications for permanent residence, residence cards, and registration certificates range between £1500 and £2500 plus VAT plus Disbursements.
        2. Initial application for a registration certificate as a worker will for instance be charged at £1500 plus VAT plus Disbursements where as an application for permanent residence on the basis of self employment will be charged at £2500 plus VAT plus disbursements.
        Applications under the Immigration Rules, including:
        1. Student and work experience visas are charged between £1200 -1800 plus VAT plus Disbursements
        2. Visit visas (for tourism, or visiting friends / family)are charged between £1000 and £2000 plus VAT plus Disbursements
        3. Spouse and partners applications, including fiancé(e)s or proposed civil partners are charged between £1500 - 2500 plus VAT plus Disbursements.
        4. Applications for work, business or study under the Points-Based System are charged between £1800 to £6000 plus VAT plus Disbursements. For instance, Tier 4 students will be charged at the lower end of the this estimate where as Tier 1 Investor and Entrepreneurs are more likely to fall towards the higher end of the fees.
        5. Dependent relative and family reunion applications are charged £1500 plus VAT plus disbursements
        6. Ancestry visas are charged between £1500 to £2000 plus VAT plus Disbursements
        7. Other categories, such as applications on the basis of long residence are also charged between £1500 - 2000 plus VAT plus Disbursements

        ***Please note that all fees are per applicant. Where an application involves family members, we do consider discounts if the applications are being submitted at the same time.

        DISBURSEMENTS

        These are costs payable to a third party such as the Home Office. Disbursements can include Immigration Health Surcharges, Application fees, premium service fees, Court fees, Counsel fees and expert and/or interpreters fees.

        Please do contact us for an obligation free but case specific quote.

        The information above is provided for illustration purposes only and to help clients understand how we charge for our services. Please do discuss your circumstances. If you instruct us you will be proved with a detailed quotation in our client care letter / terms of business which will sets out the terms and conditions of our relationship.

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City office

Ronald Fletcher Baker LLP
326 Old Street
London EC1V 9DR
DX: 137773 Finsbury 5

Telephone
020 7613 1402

Fax
020 7613 2711  

 

West End office

Ronald Fletcher Baker LLP
77A Baker Street
London W1U 6RF
DX: 42722 Oxford Circus North

Telephone
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Fax
020 7467 5758

Manchester office

Ronald Fletcher Baker LLP
111 Piccadilly
Manchester M1 2HY

DX: 6967003 Manchester 94 M

Telephone
0161 694 4404

Fax
0161 638 0930

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Ronald Fletcher Baker Danismanlik Hizmetleri Avukatlik Ortakligi
Tesvikiye Cadessi
No: 28 Alhambra Apartmani
K:2
Nisantasi, İstanbul

Telephone
07736 364222

Emergency number

07538 490647

Ronald Fletcher Baker LLP is authorised and regulated by the Solicitors Regulation Authority. Company number OC345891

City office ID 512598
West End office ID 523362.
Manchester office ID 630156

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We encourage you to contact us in the first instance if you are unhappy with the service you receive from us. Contact John O’Callaghan, the complaints partner at j.ocallaghan@rfblegal.co.uk; alternatively in some circumstances you may be able to make use of the ODR platform.