Thank you for requesting a conveyancing quote from us, you will find a complete breakdown of our costs below. We use a simple and transparent pricing structure and if you are happy with this you just need to click Accept and Instruct below, it’s as easy as One, Two, Threemo!
Simple Pricing means all of these items are included in our fee:
* Legal Fees *
* Electronic ID Checks *
* Searches (Local, Drainage, Environmental and Mining (if required) and Search Report *
* Bank Transfer Fee *
WHY USE THREEMO?
* NO COMPLETION NO FEE - GUARANTEED *
* NO PAYMENT UP FRONT *
* LIGHTNING QUICK SOLICITOR LED SERVICE *
* AMAZING FEEDBACK FROM OUR CLIENTS *
If you want to have a chat then you can call us on 01924 927700
Don't forget to check out what some of our clients have to say about us https://uk.trustpilot.com/review/threemo.co.uk
Once you have clicked the "Accept and Instruct" button then you just need to send us the following information so we can open your case:
- Full names (including middle names) of all purchasers (including you title)
- A contact telephone number for each purchaser
- An e-mail address for each purchaser
- Date of birth for each purchaser
- The address of the property being purchased
- The price of the property being purchased
- Your correspondence address
- Contact details for the estate agent (if applicable)
Just send the above to instruct@threemo.co.uk
Client Residency and Funding your Purchase
Please note we are unable to act for clients who are not currently resident within the United Kingdom. Even if you are a UK National residing abroad, we are still unable to deal with your matter.
We also refer you to information contained at the bottom of this quote with regards to the funding of your purchase.
Please note that we are unable to accept cases where any funds towards your purchase are from outside of the United Kingdom. This is applicable for your own funds or if you have a donor providing a gift to assist with your purchase, their funds. If you do instruct and it comes to light that funds are from outside of the United Kingdom this may cause delays for your transaction as we will be unable to proceed.
Our Reference: 3307721
Purchase of WF1 3QQ
Freehold Property with Value: £ 250,000.00
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What is included in our Legal Fees?
In our legal service we include electronic ID checks, bank transfer fees, acting for a lender, completing a Stamp Duty Land Tax Return, Local Search, Drainage Search, Environmental Search, Mining Search (if applicable) and Land Registry (Bankruptcy and Priority) Searches. We think it's much easier to have them all in one fee.
What do we assume when calculating our Legal Fees?
To be able to offer simple pricing, we have to make some assumptions and these are that your case:
* is a straightforward purchase
* you may or may not need a standard residential mortgage
If things are not as straightforward as we assume then there may be additional costs which we will always explain to you and want to agree with you as soon as we become aware of them. Should we find any unexpected issues during the case, we will explain and discuss these with you in writing as soon as possible and agree any additional fees with you before we carry out the work. We want to avoid any surprises when you receive our bill at the end of your case which is why it is important for you to let us know as much information about your case as you can at the beginning.
A full list of additional fees can be found within our Terms and Conditions. Not all, if any at all, will be applicable for your transaction. In the interests of transparency, from experience, the most common types of additional work that we carry out are listed below:
* Gifted Deposit – If you are receiving any funds from a third party by way of gift then this is classed as a Gifted Deposit. It does involve us having to carry out some extra work for the benefit of the lender, if you have a mortgage, and also for our own due diligence checks as to the source of the monies which are going towards your purchase. We do appreciate that you may have already provided information about a gift to your mortgage lender or mortgage broker/advisor but we do have to carry out our own checks too. We will have to obtain a signed form from your donor(s), their ID Documents for ID Checks and also request evidence as to how they have accumulated funds that they have kindly agreed to gift you. Our typical additional legal fee is £100.00 plus VAT;
* Adult Occupier – if there will be anybody living with you at your new property who is over the age of 17 and not a legal owner of the property then we will need to obtain their signatures on an occupier consent form – if you have a mortgage lender. This is a lender requirement for the occupier to confirm they hold no legal interest in the property as they will have their own charge secured against the property. Our typical additional legal fee is £50.00 plus VAT;
* Help to Buy ISA (HTB ISA) – if you were lucky enough to have opened your HTB ISA before the deadline back in November 2019 and hold more than £1,600 in the account you should be eligible to claim the HTB ISA Bonus (depending on the purchase price and location the property you are purchasing). If you are wanting to claim your Bonus from the Government, we will need you to sign a declaration for the Government and we then make applications on your behalf to obtain the Bonus. Our typical additional legal fee is £50.00 plus VAT per person;
* Lifetime ISA (LISA) – as with the HTB ISA, if you have a Lifetime ISA you can use the funds within your account towards your purchase. The two do work slightly differently as with a LISA, the bonus is paid into your account during the period your account is open. We have to deal with the paperwork for your LISA provider to send the funds to us in time for completion. Unfortunately, you cannot use a LISA and a HTB ISA together and there are other rules the providers should have advised you when you opened your accounts. Our typical additional legal fee is £75.00 plus VAT per person;
* Management Company – often people associate management companies with leasehold properties, but they are now much more common on freehold properties too. You often find that there are management companies on new build developments or smaller housing developments where there are shared areas such as driveways/private roads. Unless the seller specifically informs you that there is a management company involved with the property there isn’t really any way to find out until we receive the draft contract package from the seller’s solicitor. If your property does have a management company involved, more often than not, there are additional enquiries which have to be raised and third parties involved to provide information to us and the seller’s solicitor. Unfortunately, this additional work is over and above what we quote for in respect of a standard transaction and so there are additional fees associated with the same. Not only for us, but it might be the case that the management company have their own fees that are passed to you as the buyer. Once we find out about their fees we shall let you know. Our typical additional legal fee is £150.00 plus VAT;
* Multiple Titles – the vast majority of properties will be contained on one title deed under their own unique title number. However, some properties might have more than one title and if so, we need to check the additional title deeds too. We would often find a second title deed where a property owner might have purchased some additional garden land in the past and so the property is effectively on one main title deed for the house and small patch of garden with a second title deed for the remainder of the property. Again, we would most likely find out about multiple titles once we receive the draft contract package from the seller’s solicitor. Once we do become aware, we will let you know. Our typical additional legal fee is £125.00 plus VAT per additional title;
* Arranging Indemnity Insurance Policy – this is another part of the process which we wouldn’t be aware of until we receive the draft contract package from the seller’s solicitor and have started to make our legal investigations. Indemnity insurance can be obtained for various different reasons. Lack of planning permission, building regulation consent, breach of covenants, lack of access rights, building over a sewer are just a few to name. On a purchase, if we believe that insurance would be required, we will send some draft insurance policies to you and ask that you pick a policy from that selection. We would then ask that the seller pays for the policy which you have chosen and await their response. Sometimes the seller might agree to pay for the policy and also our fee for implementing the policy. If they just pay for the policy and not the fee to implement, then we would ask that you pay our legal fee to arrange the policy instead. Our typical additional legal fee is £50.00 plus VAT;
For Leasehold properties the landlord is likely to charge a registration fee. This fee is not included within the quote as it is charged at the landlord's discretion and cannot be known without first contacting the landlord. We will advise you of these costs during your case and in writing as soon as we become aware of them.
Funding your Purchase
If you are using funds from your own resources or there is involvement of a financial gift from a donor, we will require some additional information from you and your donor. As a legal practice, we are under an obligation to check that monies used for the purchase of a property are from a legitimate source. If you have a mortgage lender, they may have already requested this information as they have a similar obligation to check deposit monies before they agreed to lend money however given our own obligations, we also need some further information from you. Please do not take this personally, we have to request this information on all similar cases.
We are unable to accept cases where there will be a gift from a donor not resident within the United Kingdom and/or where funds are not derived from the UK.
Similarly, we are unable to accept cases where you are not resident within the United Kingdom and/or where any of your funds are not derived from the UK.
Our Legal Fee is only payable if your case completes. If additional work is identified during your case as outlined above then this is not included in our no completion, no fee arrangement.
REFERRAL FEES WE PAY
In some cases, we may pay a referral fee to third parties or introducers of business. Referral fees can vary depending upon the introducer. In the spirit of openness, we have set out below the amount, if any, of the referral fee and the introducer to whom it will be paid in your case. In these circumstances it is we, not you, who are liable to pay the referral fee. We will not be passing the cost on to you.
In your case a referral fee of 0.00 payable to will be made out of the legal charges shown above, by us.
Any information you provide is subject to our privacy policy - https://www.threemo.co.uk/wp-content/uploads/2020/01/Privacy-Policy-for-Clients-Website.pdf. Your details are not shared with anyone and we operate a strict no spam policy.
We are Threemo Legal Services Limited (Registered in England) trading as Threemo and are regulated by the Council for Licensed Conveyancers (CLC) with Practice Licence Number 11646. Registered Office: 3 The Office Campus, Red Hall Court, Wakefield, WF1 2UY. Company Registration Number: 11396027.
We hope to hear from you soon.
Final Estimated Price:
Yours sincerely,
Instruct
instruct@threemo.co.uk
Work: 01924 927700
Threemo
3 The Office Campus
Red Hall Court
Wakefield
West Yorkshire
WF1 2UY