WHY INSTRUCT DIXON WARD?

Our experienced team offers a bespoke service to meet your personal requirements. We will be contactable throughout the transaction by telephone, email or in person. All legal work will be conducted by the solicitor assigned to your case – not by somebody less qualified to do so.


We have built up robust working relationships with many local estate agents and solicitors.  We try to work pro-actively with other parties to all transactions to solve any issues and achieve a smooth and successful conclusion of your property transaction.

Our continuing success is built purely on the quality of our service to our clients – we do not advertise externally or gain work through paid-for referrals. The majority of our work is through repeat business for our existing clients and recommendations from them and from estate agents who value our contribution to making transactions happen.

We are very experienced in dealing with a wide variety of transactions, including high value properties. We have significant professional indemnity insurance to cover all work and are regulated by the Solicitors’ Regulation Authority.  Our property team is accredited under the Law Society Conveyancing Quality Scheme.

Our approach is service-led and we will work to tight deadlines if required. At the outset of each transaction, we ensure that we fully understand our brief and your priorities and objectives. We pride ourselves on the provision of practical advice in addition to the legal advice that one would expect.  We will be proactive as well as responsive and will communicate clearly to all involved in the transaction.

WHAT WILL IT COST?


We will agree a fixed fee for our services with you before commencing your transaction.  This will include details of all legal costs, VAT and any known disbursements.  In the event that there are any disbursements for which we cannot have a definitive figure at the outset (such as the landlord’s fees for providing the management pack on a leasehold property sale) we will endeavour to use our experience to provide you with a realistic estimate.


The level of fees will depend on various factors, including the required timescale, the value and whether the transaction involves freehold or leasehold property. Typically, our fees will fall within a range of £1,500.00 plus VAT to £5,000.00 plus VAT per property transaction.


Disbursements


These are payments we make on your behalf to third parties.  The type of disbursement payable will depend on the nature of the transaction.  Examples of typical disbursements are listed below (not all of these will apply to each transaction).

SDLT on the Purchase Price

Calculate Stamp Duty Land Tax (SDLT)

Land Registry Fee

£20.00 to £455.00 depending on value of transaction

Local Authority Search Fee (including VAT)

£131.20 approximately for London Borough of Richmond

Drainage and Water Search Fee (including VAT)

£72.72 approximately for Thames Water

Environmental Search Fee (including VAT)

£63.00

Devassess Search Fee (including VAT)

£86.00

Mapping Fee (including VAT)

£9.60

Bankruptcy Search fee

£2.00

OS1 Priority Search Fee

£3.00

Notice of Transfer and Charge

£50.00 plus VAT to £250.00 plus VAT on average – depending on the nature of property and identity of the freeholder

Replies to LPE1 enquiries

£200.00 to £500.00 on average – depending on the nature of property and identity of the freeholder

Land Registry Title Documents

£3.00 per document



WHAT WORK IS INCLUDED IN THE PRICE QUOTED?


The work undertaken will vary on the type of property transaction.  By way of example, we set out below the kind work involved in a residential purchase.


•    Take your instructions and give you initial advice
•    Check finances are in place to fund purchase and contact lender's solicitors if needed
•    Receive and advise on contract documents
•    Carry out searches
•    Obtain further planning documentation if required
•    Make any necessary enquiries of seller's solicitor
•    Give you advice on all documents and information received
•    Go through conditions of mortgage offer with you
•    Send final contract to you for signature
•    Agree completion date (i.e. the date from which you will own the property)
•    Exchange contracts and notify you that this has happened
•    Arrange for all monies needed to be received from your lender and/or you
•    Complete the purchase
•    Deal with payment of Stamp Duty/Land Tax
•    Deal with application for registration at HM Land Registry


WHAT WORK IS EXCLUDED FROM THE PRICE QUOTED ABOVE AND WOULD INCUR ADDITIONAL COSTS?


Our fee assumes that:


1.    The transaction is concluded in a timely manner and no unforeseen complications arise, including for example a defect in title which requires remedying prior to completion or the preparation of ancillary documents in respect of previously unknown factors.


2.    All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation


3.    No indemnity policies are required, which may require additional work and disbursements in respect of the policy premium.


Additional work arising as a result of any of these factors is charged at an hourly rate.

OUR PROPERTY TEAM

  • Monika Haidar is our Head of Residential Property.  Monika has over 6 years’ experience of residential property matters.  Her hourly rate is £250 plus VAT.

  • Ruth Muthoni is also a Partner and Head of Commercial Property.  Ruth has over 13 years’ experience of commercial and residential matters.  Her hourly rate is £280 + VAT.

  • Kay Hundal is a former partner and former Head of Residential Property with over 20 years’ experience. Her hourly rate is £250 plus VAT.

  •  Surina Cohen has over 14 years experience of commercial and residential matters. Her hourly rate is £270 plus VAT.

 

  • Kevin Reay is another very experienced solicitor with over 20 years’ experience.  His hourly rate is £250 + VAT.


We review our hourly rates at the end of March of each year.


HOW LONG WILL MY HOUSE PURCHASE TAKE?


How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average timeframe for achieving an exchange of contracts is between 6-8 weeks.