SOLICITORS HOURLY RATES AND EXPERIENCE
Akeela Majeed
Year Qualified: 2009
Hourly Rate: £250.00 per hour
Firaaz Majeed
Year Qualified: 2016
Hourly Rate: £250.00 per hour
Saadia Faiz
Year Qualified: 2017
Hourly Rate: £250.00 per hour
Supervising Partner: Akeela Majeed
Other Legal Executives
Hourly Rate: £175.00 per hour
Trainees/Paralegals
Hourly Rate: £125.00 per hour
RESIDENTIAL CONVEYANCING – SALE
| Property Value | Legal Fees | VAT | Total |
| Up to £100,000 | £650.00 | £130.00 | £780.00 |
| £100,01 – £175,000 | £700.00 | £140.00 | £840.00 |
| £175,001 – £250,000 | £750.00 | £150.00 | £900.00 |
| £250,001 – £325,000 | £800.00 | £160.00 | £960.00 |
| £325,001 – £400,000 | £850.00 | £170.00 | £1,020.00 |
| £400,001 – £550,000 | £900.00 | £180.00 | £1,080.00 |
| £550,001 – £600,000 | £950.00 | £190.00 | £1,140.00 |
| £600,001 – £650,000 | £1,000.00 | £200.00 | £1,200.00 |
| £650,001 Upwards | £1,250.00 | £250.00 | £1,500.00 |
| Supplements |
Price | VAT | Total |
| Leasehold Fee | £100.00 | £20.00 | £120.00 |
| Shared Ownership Fee | £250.00 | £50.00 | £300.00 |
| Unregistered Fee | £100.00 | £20.00 | £120.00 |
| Disbursements | |||
| Bank Transfer Fee | £40.00 | £8.00 | £48.00 |
| Office Copies (each) | £6.00 | ||
| Land Registry Documents | £3.00 | ||
| AML Fee | £9.95 | £1.99 | £11.94 |
RESIDENTIAL CONVEYANCING – PURCHASE
| Property Value | Legal Fees | VAT | Total |
| Up to £100,000 | £675.00 | £135.00 | £810.00 |
| £100,001 – £250,000 | £775.00 | £155.00 | £930.00 |
| £250,001 – £325,000 | £825.00 | £165.00 | £990.00 |
| £325,001 – £400,00 | £850.00 | £170.00 | £1,020.00 |
| £400,001 – £512,500 | £900.00 | £180.00 | £1,080.00 |
| £512,501 – £625,000 | £975.00 | £195.00 | £1,170.00 |
| £625,001 – £849,999 | £1,250.00 | £250.00 | £1,500.00 |
| £850,000 Upwards | £1,750.00 | £350.00 | £2,100.00 |
| Supplements |
Price | VAT | Total |
| Leasehold Fee | £200.00 | £40.00 | £240.00 |
| Management Company Fee | £500.00 | £100.00 | £600.00 |
| Shared Ownership Fee | £500.00 | £100.00 | £600.00 |
| New Build Fee | £750.00 | £150.00 | £900.00 |
| Help to Buy ISA (each) | £50.00 | £10.00 | £60.00 |
| Help to Buy Equity Loan | £500.00 | £100.00 | £600.00 |
| Unregistered Fee | £250.00 | £50.00 | £300.00 |
| SDLT Fee | £95.00 | £19.00 | £114.00 |
| Disbursements | |||
| Bank Transfer Fee | £40.00 | £8.00 | £48.00 |
| Office Copies (each) | £6.00 | ||
| Land Registry Documents | £3.00 | ||
| Bankruptcy Search Fee | £2.00 | ||
| AML Fee | £9.95 | £1.99 | £11.94 |
| Search Pack | £172.50 | £34.50 | £207.00 |
| Bankruptcy Search | £2.00 | ||
| Land Registry Search | £3.00 |
| Land Registry Fee | TBC Dependent on Value -check Land Registry Fees here https://www.gov.uk/guidance/hm-land-registry-registration-services-fees |
| SDLT | TBC Dependent on Value – calculate your SDLT here https://www.gov.uk/stamp-duty-land-tax/residential-property-rates |
RESIDENTIAL CONVEYANCING – REMORTGAGE
| Property Value | Legal Fees | VAT | Total |
| Up to £100,000 | £500.00 | £100.00 | £600.00 |
| £100,01 to £200,000 | £550.00 | £110.00 | £660.00 |
| £200,001 upwards | £650.00 | £130.00 | £780.00 |
| Supplements |
Price | VAT | Total |
| Transfer of Equity | £150.00 | £30.00 | £180.00 |
| Shared Ownership Fee | £100.00 | £20.00 | £120.00 |
| Unregistered Fee | £100.00 | £20.00 | £120.00 |
| Disbursements | |||
| Bank Transfer Fee | £40.00 | £8.00 | £48.00 |
| Office Copies (each) | £6.00 | ||
| Land Registry Documents | £3.00 | ||
| Bankruptcy Search Fee | £2.00 | ||
| Land Registry Search | £3.00 | ||
| AML Fee | £9.95 | £1.99 | £11.94 |
| Land Registry Fee | TBC Dependent on Value -check Land Registry Fees here https://www.gov.uk/guidance/hm-land-registry-registration-services-fees |
PROBATE
| GRANT ONLY | Legal Fees | VAT |
Total |
| IHT 205 | £750.00 | £150.00 | £900.00 |
| IHT 205 including IHT 217 | £1,000.00 | £200.00 | £1,200.00 |
| IHT 400 | £1,500.00 | £300.00 | £1,800.00 |
FULL ADMINISTRATION SERVICE
To include but not limited to:
- Obtaining valuations of all assets and liabilities passing by the will or intestacy and assets or gifts included for Inheritance Tax purposes
- Obtaining information to finalise the income tax position to date of death
- Completing the relevant forms IHT205/IHT400
- Completion of Oath for Executors
- Completion of Section 27 notices to creditors (if required)
- Register the Grant of Probate with each of the asset holding institutions
- Collect in the cash of the estate and transfer assets as instructed
- Complete income tax return for the administration period
- Complete estate accounts
- Obtain approval to estate accounts from Executors
- Complete bankruptcy searches against beneficiaries
We charge on a time-spent basis for this type of work. The exact costs for this service depend on the individual circumstances in the matter. An average estate with a property to be sold can usually be administered in between 20 and 30 hours. As an estimate guide, this could equate to between £5,000 and £7,000 plus VAT and disbursements depending on the fee earner.
The usual disbursements incurred include:
- Probate application fee £155
- Each additional copy Grant £1 (per copy)
- £7 Swearing of the Oath fee (per executor)
- Bankruptcy searches £2 (per beneficiary)
Click Here For Debt Recovery Fees
