Regulatory information on costs

The Solicitors Regulation Authority requires solicitors to provide information on the costs associated with certain types of work. We have provided the relevant information in the links below.

Should you have any questions, please contact us

Taylor Wessing LLP is authorised and regulated by the Solicitors Regulation Authority (the SRA) under number 463016.

Information correct as at 6 December 2018

Regulatory information on costs

Probate
Residential conveyancing

Our Residential and Agricultural Property group advises on all aspects of residential sales and purchases as well as mortgages and re-mortgages. Our client base comprises UK and overseas high net worth individuals, international families and family offices. The precise cost of the work we do for you will depend on the facts and circumstances of the transaction and we will provide you with an estimate, tailored to those specific circumstances. We do not offer fixed fees for our work but charge on a time-spent basis.

Fees

Using the example of a straightforward sale, purchase, mortgage or re-mortgage for a private individual, we estimate our fees would be:

Value of property

Residential Freehold Purchase

Residential Freehold Sale

Residential Leasehold Purchase

Residential Leasehold Sale

Mortgage

Re-mortgage

Up to £750,000

 

£3,750-£4,000 + VAT

£3,750-£4,000 + VAT

£3,750-£4,000 + VAT

£3,750-£4,000 + VAT

*£2,500 - £10,000 + VAT

*£2,500 - £10,000 + VAT

£750,000 to £1,500,000

0.4% of the purchase price (minimum £4,000) + VAT

0.4% of the purchase price (minimum £4,000) + VAT

0.5% of the purchase price + VAT

0.5% of the purchase price + VAT

Over £1,500,000

 

*£7,500- £20,000 + VAT

*£7,500- £20,000 + VAT

*£7,500- £20,000 + VAT

*£7,500- £20,000 + VAT

* dependent on value, complexity and in the case of mortgage/ re-mortgage, lender requirements

All fee estimates assume that:

  • The transaction in question is broadly standard;
  • Your instructions will not change significantly as the transaction progresses;
  • No unforeseen complexities arise;
  • The other parties to the transaction will conduct themselves reasonably; and
  • The transaction proceeds in a timely manner.

We have provided a range of estimated fees as the amount charged will depend on factors such as the complexity of the transaction, the timeframe for completion and the value of the property. Factors that could increase the overall cost, include for example, where there is a defective title and an indemnity policy needs to be sourced, or where there has been non-compliance with a planning permission or building regulations approval.

Where VAT is payable, it is currently charged at 20%.

Disbursements

Disbursements are costs related to the matter which are payable to third parties, such as the Land Registry. We handle the payment of disbursements on your behalf to ensure a smoother process and these are added to our invoice. Disbursements are charged in addition to the fees noted above. Typical disbursements are set out below:

Residential Freehold Purchase

  • Search fees: £500 - £650 + VAT 
  • Land Registry Fees: £40 - £910
  • Telegraphic transfer fee: £20 + VAT per transfer
  • Stamp Duty Land Tax: Depends on the purchase price and whether you (or your spouse or civil partner) own other residential property.
  • If documents need to be downloaded from the Land Registry, this will cost £3 per document
Residential Freehold Sale
  • Telegraphic transfer fee: £20 + VAT per transfer
  • If documents need to be downloaded from the Land Registry, this will cost £3 per document
Residential Leasehold Purchase
  • Search fees: £500 - £650 + VAT
  • Land Registry Fees: £40 - £910
  • Telegraphic transfer fee: £20 + VAT per transfer
  • Stamp Duty Land Tax: Depends on the purchase price and whether you (or your spouse or civil partner) own other residential property.
  • If documents need to be downloaded from the Land Registry, this will cost £3 per document
  • If the Landlord's consent is required for the assignment and a rent deposit deed is needed (for non-UK resident purchasers) an additional fee of £750 - £1,500
  • Landlord's fees for notice of assignment/ notice of charge: £30 – £100 + VAT
Residential Leasehold Sale
  • Telegraphic transfer fee: £20 + VAT per transfer
  • Management and service charge pack: £250 - £500 + VAT
  • If documents need to be downloaded from the Land Registry, this will cost £3 per document
  • The Landlord's solicitor will charge a fee for dealing with the consent to assign – approximately £750 - £1,500 + VAT
Mortgage
  • Search fees: £500 - £650 + VAT
  • Land registry fee: £20 - £250
  • If leasehold, notice of charge fee - £30 - £150
Re-mortgage
  • Search fees: £500 - £650 + VAT
  • Land registry fee: £20 - £250
  • If leasehold, notice of charge fee: £30 - £150

Disbursements such as courier charges are not listed here, as these will vary according to the volume and places of collection/ delivery. Nor are we able to estimate disbursements such as charges that may be made by a local authority for the provision of copy documents such as a building regulations completion certificate, as these costs vary according to the particular authority.

Potential additional costs

The fee estimates listed in the table above exclude advice in relation to the structuring of a transaction or the taxation aspects of it. If specialist advice is required, such as construction, planning or contentious elements, we will discuss and agree these fees with you as and when required.

The majority of our clients do not use mortgage finance and the fee estimates above assume the purchase will be completed without a mortgage. Should you intend to take out a mortgage, we will confirm if we are registered on your lender's panel and if we are able to act for you and your lender. Additional fees of between £2,500 - £4,000 + VAT will apply in these circumstances. If a separate firm is instructed to act for your lender and we are required to deal with that firm's due diligence enquiries, an additional fee of £2,000 - £3,000 + VAT will also be charged.

The fee estimates for mortgages and re-mortgages listed in the table above assume a discrete instruction for that work. Please see below for further details.

Purchase of a freehold or leasehold residential property

Our fees cover the legal work required to complete the purchase of your property, deal with registration of the title in your name at the Land Registry and deal with the payment of Stamp Duty Land Tax (SDLT) to HMRC.

SDLT is payable on freehold and leasehold purchases. The level of SDLT payable depends on the purchase price of your property, whether you or your spouse or civil partner owns other residential property anywhere in the world and whether you are replacing your main residence. You can calculate the amount you will need to pay by using the SDLT calculator on HMRC's website. The fees set out above do not include advising you on your level of SDLT liability nor the availability of any reliefs. If you require advice on these areas, this can be provided separately and we will agree these fees with you.

What are the key stages of the process?

The precise stages involved in the purchase of a residential property vary according to the circumstances. However, the estimated fees will usually encompass:

  • Taking your instructions and giving you initial advice;
  • Checking finances are in place to fund the purchase;
  • Receiving and advising on title and contract documents;
  • Carrying out standard conveyancing searches;
  • Making any necessary enquiries of the seller's solicitor;
  • Giving you advice on all documents and information received and preparing a comprehensive report;
  • Sending the final contract to you for signature;
  • Ensuring you have received the landlord's approval to the assignment of the lease (if your property is leasehold and this is required);
  • Agreeing the completion date;
  • Exchanging contracts and notifying you that this has happened;
  • Arranging for all monies needed to be received from you;
  • Completing the purchase;
  • Dealing with the payment of SDLT; and
  • Dealing with the application for registration at the Land Registry.

How long will the purchase take?

The length of time the process will take can vary depending on a number of factors, but the average time leading to exchange of contracts is between two and four weeks. Factors that can change the timescale include any timings agreed between the parties, whether the property is fully constructed, if you are a first time buyer or in the case of a leasehold property, if the approval of the landlord is required. We will advise you of the likely timescales once we know the details of your particular purchase.

Sale of a freehold or leasehold residential property

Our fees cover the legal work required to complete the sale of your property, to repay any mortgages secured over it from the proceeds of sale and to account to you for the net proceeds of sale.

There are generally fewer disbursements payable on a sale than on a purchase. If your property is leasehold then you should expect to pay whoever manages the building a fee for the provision of a management and service charge pack. Details of the usual charges for this are set out above. If your lease says you need the landlord's approval in order to sell your flat then an additional fee will be payable to the landlord's solicitors. The level of this fee will vary and is usually between £750 + VAT and £1,500 + VAT.

What are the key stages of the process?

As part of the estimated fee, our work will include:

  • Taking your instructions and providing you with initial advice;
  • Reviewing the title to your property and obtaining copies of the title documents from the Land Registry;
  • Preparing a contract;
  • Arranging for you to complete standard pre-contract forms and advising you in relation to any queries you may have on these;
  • Assembling a pre-contract package to send to your buyer's solicitors;
  • If leasehold, obtaining a management and service charge pack from the managing agents of the building and applying for the landlord's consent to the sale (if required);
  • Dealing with any enquiries raised by your buyer's solicitors;
  • Agreeing the final form of contract and sending this to you for signature;
  • Approving the draft transfer and arranging for this to be signed by you together with any licence to assign (if leasehold); and
  • Dealing with completion and the repayment of any mortgage.

How long will the sale take?

The time the process takes can vary depending on a number of factors, including whether your buyer requires a mortgage and how quickly their mortgage offer can be obtained, or if there are a number of parties in a chain. The average period leading to an exchange of contracts is between two and four weeks. We will advise you of the likely timescales once we know the details of your particular purchase.

Mortgage or re-mortgage of a residential property

Our fees cover the legal work required to deal with your lender's requirements in taking security over the property. If you are re-mortgaging then we will also liaise with your existing lender to obtain the title deeds to the property and confirm the amount outstanding under your current mortgage. In circumstances where we are able to act for both you and the lender, we will advise you in relation to the terms of the lender's mortgage offer, its standard terms and conditions and the nature and effect of the legal mortgage that you would be required to sign in due course. We will also advise you on any special conditions contained in the mortgage offer and which you will need to comply with before the mortgage funds can be requested from the lender. We will also arrange the usual searches that we would expect to conduct on the purchase of a residential property.

What are the key stages of the process?

  • Taking your instructions and establishing if we will be acting for you or both you and your lender;
  • Dealing with the lender's due diligence requirements;
  • Organising standard conveyancing searches;
  • Liaising with your lender's valuer in relation to any queries that may be raised in the valuation report;
  • Providing a certificate of title to your lender and requesting the mortgage advance;
  • Liaising with your existing lender (if applicable) in relation to the redemption of the existing mortgage;
  • Completing the mortgage and arranging registration at the Land Registry; and
  • If the property is leasehold, giving notice of the charge to your landlord.

How long will the mortgage or re-mortgage take?

The duration of the mortgage or re-mortgage process is dependent upon a number of factors including the speed with which the lender issues the mortgage offer, whether or not there are any complexities with the title and whether or not there are a significant number of conditions with which you will need to comply with prior to completion of the mortgage. We will advise you of the likely timescales once we know the details of your particular mortgage or re-mortgage.

Our team

Our Residential and Agricultural Property team is made up of one partner, two senior counsel, one senior associate and an associate all of whom are qualified solicitors. The team is supervised by Elaine Dobson, a partner who has over 15 years' experience working in residential conveyancing and qualified as a solicitor in 1999. 

Immigration

Our Mobility team advises individuals on certain types of immigration applications, which are set out below. We focus on business immigration, private client and associated family needs. Our advice is personal to each applicant's circumstances and we give our clients estimates appropriate to those facts and circumstances. We do not usually advise on Tier 4 applications, asylum applications, appeals or judicial review applications. We typically charge our fees on a time-spent basis.

Fees

The following fee estimates apply to the relevant class of application as listed:

Application

Application filed overseas

Application filed in the UK

Indefinite leave to remain (ILR)

Tier 1 Investor

£10,000 - £20,000

£10,000 - £20,000

£10,000 - £20,000

Tier 1 Entrepreneur

£10,000 - £15,000

£15,000 - £20,000

£15,000 - £20,000

Tier 1 Exceptional Talent

£5,000 - £10,000

£5,000 - £10,000

£5,000 - £10,000

Naturalisation as British Citizen

N/A

£4,000 - £6,000

N/A

Registration as a British Citizen (Adult)

£2,500 - £3,000

£2,500 - £3,000

N/A

Registration as a British Citizen (Child)

£2,000 - £2,500

£2,000 - £2,500

N/A

Spouse / civil partner / unmarried partner of a British Citizen

£5,000 - £10,000

£5,000 - £10,000

£7,500 - £12,500

UK Ancestry application

£3,000 - £3,500

£3,000 - £3,500

£3,500 - £4,000

Tier 5 Youth Mobility

£2,000 - £2,500

N/A

N/A

Standard visitor visa application

£2,000 - £3,000

N/A

N/A

Replacement Biometric Residence Permit (BRP)

£750 - £1,500

N/A

N/A

Applications under the Immigration (European Economic Area) Regulations 2016 

Application

Application filed overseas

Application filed in the UK

Indefinite leave to remain (ILR)

EEA Family Permit (sponsor is employee)

£2,500 - £3,000

N/A

N/A

EEA Registration Certificate (employee)

£2,500 - £4,000

N/A

N/A

EEA Residence Card (sponsor is employee)

N/A

£2,500 - £3,500

N/A

EEA Permanent Residence (employee)

£2,500 - £5,000

N/A

N/A

Uplift on all these applications if the applicant is a student, self-employed or financially self-sufficient         

£2,000 - £3,000

N/A

N/A

Additional fees for all applications 

Application

Application filed overseas

Application filed in the UK

Indefinite leave to remain (ILR)

Family members (civil partner / spouse / unmarried / partner / child under 18) applying at the same time as main applicant

£750 per additional applicant or £1,500 for unmarried partner

£750 per additional applicant or £1,500 for unmarried partners

£2,000 to £3,000 for spouse/partner; £750 per child

Uplift for arranging Premium Service Centre and arranging accompanying agent for PSC appointment

N/A

£500 flat fee

£500 flat fee

These fee estimates are based on the following criteria:

  • There are no unexpected or unusual circumstances in the application, such as an applicant having prior criminal convictions or charges, or prior visa refusals anywhere in the world.
  • The fees charged for the application will depend on a number of factors, including:
    • the complexity of the application:
    • the personal/business circumstances of the visa applicant and/or family members;
    • the nationality of the applicant (for example if English language evidence is required);
    • the country of application; and
    • the urgency of the case.

VAT may be payable on the fees, depending on whether you are located in the UK when the application is made. Where VAT is payable, it is currently charged at 20%.

Disbursements

Disbursements are charged in addition to the fees noted above. Disbursements are costs related to an application that are payable to third parties, such as processing fees. We handle the payment of disbursements on your behalf to ensure a smoother process, and these are then added to our invoices. Typical disbursements for an immigration application include:

  • Government visa application fees and expedited processing fees. View a list of current Home Office fees which are typically updated every April (but also during the year from time to time); and
  • Other disbursements such as courier/delivery, photocopying or translation charges. These vary according to volume, urgency and the places of collection/delivery. 

What are the key stages of the process?

The precise stages involved will vary according to the circumstances. However as part of our estimated fees we will cover:

  • Taking your instructions and giving you initial advice about visa options;
  • Deciding with you on the best option for your circumstances and those of any family or employer;
  • Providing detailed instructions on the visa application and submission process;
  • Assisting with collecting documents and preparing application forms;
  • Assisting with submitting the visa application; and
  • Advising on the conditions of the visa and any post approval steps which may be necessary.

How long will this take?

Each matter is specific to the type of application, the applicant's location and their personal circumstances. Applications can take between one week and six months to process and for a decision to be issued.

Our team

Our mobility team is made up of two Partners, two Senior Counsel (all of whom are qualified solicitors) and a number of advisers. The team is supervised by Partner Sean Nesbitt. View the mobility team.

Employment tribunals 

Our employment team provide advice to both claimants and respondents in relation to claims for unfair dismissal and wrongful dismissal before the employment tribunals. The claims on which we advise are often complicated by other employment claims such as other breach of contract or discrimination claims. In these cases, the exact costs will depend on the individual facts and circumstances of the matter and it will always be necessary for your Taylor Wessing contact to give you an estimate tailored to your specific facts and circumstances. We typically charge on a time-spent basis.

Fees

Estimates are given for our services acting for individual claimants or business respondents, in the employment tribunals:

Type of proceedings

1-3 day hearing

3-5 day hearing

5-10 day hearing

Unfair dismissal:

for Respondent

£17,500 - £35,000 + VAT

£35,000 - £55,000 + VAT

£55,000 - £120,000 + VAT

for Claimant

£15,000 - £28,000 + VAT

£28,000 - £50,000 + VAT

£50,000 - £100,000 + VAT

Wrongful dismissal

for Respondent

£17,500 - £30,000 + VAT

£30,000 - £55,000 + VAT

£50,000 - £100,000 + VAT

for Claimant

£15,000 - £28,000 + VAT

£28,000 - £50,000 + VAT

N/A

The fee estimates are based on the following assumptions:

  • The claim involves a single individual claimant or single business respondent, rather than multiple parties;
  • There are no unexpected or unusual circumstances in the litigation, or compounding factors such as overlapping claims of unlawful discrimination, whistleblowing/protected disclosures, or other claims for breach of contract apart from wrongful dismissal;
  • A reasonable degree of cooperation by opposing parties and their advisers in accordance with the Employment Tribunal Rules of Procedure;
  • The location within the UK; and
  • The urgency of the case.

Where VAT is payable, it is currently charged at 20%.

Disbursements

Disbursements are charged in addition to the fees noted above. Disbursements are costs related to an application that are payable to third parties, such as processing fees. We handle the payment of the disbursements on your behalf to ensure a smoother process, and these are then added to our invoices. Typical disbursements for an employment claim can include:

  • Fees for Counsel to act as advocates in the proceedings. These can vary according to seniority, complexity and urgency;
  • Courier/delivery, photocopying or translation charges. These can vary according to urgency and places of collection/delivery. If you are the employer, it is usually required that you pay for the preparation and photocopying of the files used by the parties and the tribunal at the hearing; and
  • Expert fees are also excluded. In general these will not be required for most cases of unfair or wrongful dismissal within the scope of these estimates, but may be needed where medical evidence relates to alleged loss, or where opinions eg as to foreign law are required.

Employment tribunal fees were abolished in July 2017 and at present no payment is necessary to present or defend a tribunal claim. If fees are reintroduced in the future then this will be included as a further disbursement.

What are the key stages of the process?

As part of our estimated fees we will cover:

  • Taking your instructions and giving you initial advice;
  • Entering into Acas pre-claim conciliation to explore whether settlement can be reached;
  • Preparing your claim or response;
  • Reviewing and advising on the claim or response from the other party;
  • Exploring settlement opportunities throughout the process;
  • Preparing or considering a schedule of loss;
  • Preparing for a preliminary hearing (if required), which may include instructions to counsel to attend;
  • Reviewing the documentary evidence in the case to determine what should be disclosed to the other party, exchanging documents with the other party and agreeing the relevant documents to be relied upon at the hearing;
  • Meeting the witnesses, taking and preparing their statements for signature;
  • Agreeing a list of issues with the other party; and
  • Preparing for and attending the final hearing, which may include instructions to counsel to attend.

How long will this take?

The time that it takes from taking your initial instruction to the final resolution of your matter depends largely on the stage your case is resolved. If a settlement is reached during pre-claim conciliation, your case is likely to take 1-2 months. If your claim proceeds to a final hearing, you case is likely to take up to 12 months, or longer if the hearing is expected to take 5-10 days. This is largely due to the availability of tribunals to hear your claim.

In our experience it is unlikely that a case will take less than one day to be heard by the tribunal. Most cases we act on take at least two days to be heard. Because of the number of variables, we can give you further guidance on the duration of your case once we have more information and as the matter progresses.

Our team

Our team has many years of collective experience in delivering high quality work in employment tribunal claims. All of the Employment group are able to undertake unfair dismissal claims. View our employment team.