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Additional Conveyancing Services
Below is a list of additional conveyancing services which a small number of clients may need when buying, selling or remortgaging a property.
The administrative fee for sending or receiving multiple bank transfers or upgrading transfers from bank transfer to same day payment, e.g. where sale funds distributed to multiple owners.
Purchase monies will be sent to the other party’s conveyancer by same day payment, for which the fees are included in your quote. Bank transfer of any SDLT due is included in your Registration/SDLT Admin Fee.
Sale proceeds (up to two clients) and/or estate agent’s fees will be sent by bank transfer, for which the fees are included in your quote. Same day payment of any mortgage redemption is included in the Mortgage Fee.
Additional work involved in liaising with a second Managing Agent and/or reviewing and advising on additional lease (including Solar Panel lease), identifying and complying with requirements and obtaining their replies to leasehold enquiries
Additional checks required for Buy to Let properties that are subject to an existing tenancy agreement and are being bought by individuals or companies.
Additional checks required for Buy to Let properties being bought by individuals only.
If you sell to a related party at a discounted price, we are required to undertake additional checks and verifications including reporting to any lender, obtaining any relevant indemnities against future insolvency of the seller and preparing Statutory Declarations. Indemnity policy premium and Statutory Declaration are charged separately.
Additional work involved in liaising or complying with a third-party lawyer or a Court (not a direct seller/buyer to the property), e.g. in a divorce or probate matter
Where we are not acting for the lender, additional work involved in liaising and complying with a Lender’s third-party Lawyers and their Lender client requirements.
Additional legal work involved in identifying the nature of the restriction/caution and the subsequent administrative costs of complying with or removing it. Includes all restrictions except standard removal of restrictions relating to property held as Tenants in Common or mortgage charges.
Required if you would like us to liaise with a friend or relative about your case. Legal instructions must still come from you personally.
Drafting, reviewing and/or arranging signature to the Deed of Covenant, which is a legal document which states that the leaseholder agrees to undertake obligation(s) laid out by the freeholder/landlord, as required by the terms of a lease or restriction on the property title
Where one party wishes to formally document their intention to gift an asset (usually property) to the other party
Drafting any Deed as required by the first lender where a second lender is also to be registered on the title
Where joint purchasers who are purchasing as Tenants in Common in unequal shares require a declaration setting out their respective interests in the purchased property (e.g. other than a basic 50:50 division)
Negotiating and approving a variation to a lease where the existing terms are obsolete, incorrect or particularly onerous (includes additional registration tasks such as arranging and reviewing additional documents and multiple signatories)
Drafting the appropriate Deed where the client requires a third party to act on their behalf in a legal capacity.
Where there is a new title and new lease being granted
Negotiating and approving undertakings regarding access to the property prior to completion for renovation or other purposes
Drafting and/or negotiating terms of the Licence to permit the seller to assign the property to the buyers.
Drafting and/or negotiation of the Licence to permit the seller to remain in the property as a Licensee for a limited time post completion or the buyer to move into the property as a Licensee for a limited time prior to completion.
Drafting the appropriate Deed on behalf of the client or other third party as may be required as evidence in a transaction (use of land, for example).
Statutory Declaration required for Title Rectification is included in the Title Rectification Application fee.
Negotiating and approving the agreement which commits the parties to the transaction prior to exchange of contracts
All work carried out in relation to the drafting and/or negotiating the terms of the extension including drafting/reviewing the new lease, notices and deed of assignment.
Please note this does not include statutory Landlord & Tenant applications
Establishing the source of funds in connection with the gift element and reporting to the Lender (if applicable). Includes receipt of one payment transfer from the donor. ID checks are charged separately.
Administration fee in connection with confirming eligibility and obtaining the Government bonus for a Help to Buy or Lifetime ISA. This fee is in line with HM Government Help to Buy Scheme Rules.
Establishing and advising on the applicability of the specialised regulations introduced by the Building Safety Act 2022 for the property. On a sale, this will include drafting appropriate Certificates and collating supporting material, attending to additional enquiries raised by the Buyer’s conveyancer and liaising with third-parties (such as a Landlord). On a purchase, this will include raising enquiries of your Seller’s conveyancers, reviewing any information provided and advising you on the risks, subject to the property status.
Establishing and advising on the applicability of the specialised regulations introduced by the Building Safety Act 2022 for the property. Drafting appropriate Certificates and collating supporting material.
Liaising with the council and ascertaining whether the existing HMO license can be transferred to the buyer or whether they need to obtain one in their name and reporting on the same (including to the Lender, if required)
Reviewing indemnity insurance arranged by other Party’s Conveyancer
Additional costs involved in obtaining quotations for policies appropriate to the circumstances, reviewing and arranging the policy
Where we are asked to provide a client with independent legal advice for a third party, such as a lender, in order to establish that a property transaction is being entered into with full knowledge of the legal consequences.
Additional legal work is needed to cover these types of transaction. As long as you have stated that your property is Leasehold/Share of Freehold/Freehold with Managing Agent, this will have been included in your quote.
Where a property is share of freehold, this includes liaising with the co-freeholders to obtain their signatures to the transfer deed and additional registration formalities
Where either the buyer or seller is a Limited Company, additional identification and ownership checks required by anti-money laundering laws
Preparing and submitting the application to HM Land Registry to have multiple titles merged into one legal title where beneficial to the purchaser
Reviewing and/or drafting the proposed Charge, liaising with private lender (inc AML procedures and registering the charge)
Additional legal work needed by the client and the lender in respect of the mortgage secured on the property. For mortgage redemptions, this includes the bank transfer fee.
For certain mortgage lenders only, additional administrative costs associated with complying with lender’s panel requirements in addition to the lender’s own mortgage conditions (LMS and ULS/Smoove and incorporates the fee charged to us by the panel)
Reviewing additional titles where property for sale is registered under more than one title, eg a garage or stables, or other titles affect the property in question (cost per additional title)
Optional upgrade per property transaction. We aim to have your transaction ready to exchange in just 5 weeks (+3 weeks if leasehold). We guarantee that if we are not ready in this time, we will refund £100 of the MuveFast fee for every week we are over. Please refer to our Terms of Business attached to your quote for more information.
The additional legal work required to advise on and administer a new build property purchase including reviewing the estate and plot plans for utility connections and accessways, checking relevant planning permissions and road development agreements, ensuring the correct indemnity policies are put in place and all payments due by the owner/developer have been made.
We are required by law to verify the identity of all clients (including any attorneys, executors or trustees) on a transaction and conduct anti-money laundering checks.
If you prefer not to or cannot use electric ID verification, we charge an additional fee for handling original ID and validating bank statement information.
Reviewing and advising on the impact of non-standard legal documents, such as an overage agreement, on your transaction.
Negotiating the value and length of time applicable to a retention, with regards to services charges issued after completion but relating to the seller’s period of ownership. After completion, this fee covers liaising with the other party’s conveyancer, acquiring accurate accounts, calculating the amount owed, monthly accounting for the held funds and discharging the payments. We will only use this option where it is not possible to agree with the buyer’s solicitor an allowance to be deducted for the service charges on completion itself.
When there is a restriction on the title, it can be a part of the post-completion work to obtain a certificate from the landlord/management company
Administrative Process for Securing Consent from adult occupiers. This process encompasses the administrative procedures necessary to obtain consent from an adult occupier. In context of a sale transaction, this consent is typically incorporated into the contract documentation. In a purchase transaction, it is often required to facilitate the issuance of the mortgage offer.
Arranging this legal document that verifies the accuracy and authenticity of information provided in property-related documents, such as contracts and deeds. It is signed by the person making the statement to confirm that the information stated is true and accurate to the best of their knowledge.
Applicable to any client with a non-UK primary address or non-UK purchase funds, this fee covers the administrative costs of reviewing additional information in connection with identity verification, source of funds, notarisation and/or legalisation of documents (please note this does not include legal fees that may be charged by any notary/professional translator or any other body from whom we require information)
Additional fee for printing, posting and entering data for any form requested in paper format or sent to us by post.
The administrative fee for the application at Companies House for registering ownership in favour of a Company and any borrowing by it to then be supplied to the Land Registry (and Lender, in some cases).
Where a bankruptcy entry appears on the bankruptcy search, it will need to be investigated and appropriate action taken to satisfy the lender and/or clear the entry
Reviewing the legal advice section of the survey report, identifying any discrepancies between the survey and the information provided by the seller and advising you with regards to any additional enquiries required and replies received as a result.
Reviewing and approving the appropriate deed where the owner is required to grant rights (e.g. a right of way) over their land
Additional work in liaising with Council (Notices, Agreement) for Right To Buy purchase
Prioritisation of documentation required on or before completion to facilitate a completion date within 5 working days from exchange of contracts and ancillary administrative tasks (including additional work obtaining Lender approval, where applicable, and amendments where the completion date is later varied).
The additional legal work involved in purchasing an initial share as part of shared-ownership scheme or transferring ownership of that share
Prioritisation of documentation required on or before completion to facilitate exchange and completion on the same day and ancillary administrative tasks (including additional work obtaining Lender approval, where applicable, and amendments where the completion date is later varied).
Advising the purchaser of any special requirements relating to the mortgage conditions and reporting to the lender thereon
The additional legal work involved with the process of increasing the ownership percentage of the property
Drafting the relevant application to HM Land Registry and accompanying Statutory Declaration to rectify the title, e.g. a mistake in the details on the register/plan or missing charges/restrictions.
Collating title deeds to deduce title and make the application to HM Land Registry (as part of a sale or purchase transaction, including Transfer of Part)
Collating title deeds to deduce title and make the application to HM Land Registry