CL Law | Family, Property, Litigation, Immigration Solicitors in Hounslow, West London > CONVEYANCING COSTS FOR REMORTGAGE & TRANSFER OF EQUITY


Conveyancing Costs for Remortgage & Transfer of Equity


Our Legal Fees cover all of the work required to complete the legal advice required to mortgage or re-mortgage your property.

Legal Fees and Disbursements


Legal Fees are the amount you will be required to pay for all of the work performed by us in actioning your instructions, from commencement of your case to conclusion. VAT will be payable on our fees and some disbursements, currently 20% and we will clearly confirm which disbursements carry VAT in our formal quotation or as we advise you to incur them.

  • Our average standard legal fees for residential re-mortgage or transfer of equity transaction or taking a new mortgage is £475 + VAT (£570 Inc. VAT) for properties valued up to £500,000.
  • For properties valued over £500,000 fees will be dependent on the value of the property and complexity of mortgage position and we will clearly confirm these in our formal quotation.
  • Drafting Solvency Declaration £150 + VAT (£180 Inc. VAT)
  • Drafting Deed of Gift £150 + VAT (£180 Inc. VAT)
  • We will charge the sum of £50 + VAT (£60 Inc. VAT) for Electronic money transfers where applicable.
  • Islamic Mortgages £425 + VAT (£510 Inc. VAT)
  • Help to Buy Equity Mortgage – £325 + VAT (£390 Inc. VAT)
  • VAT will be payable on our fees and some disbursements and we will clearly confirm which disbursements carry VAT in our formal quotation or as we advise you to incur them.


If at any stage our fees change, we will notify you and discuss the reason for any changes. This will typically occur if you change your instructions or your case involves an unforeseen complexity.


Our Fee Assumes That:


    1. This is a standard transaction and that no unforeseen matters arise.
    2. The transaction is concluded in a timely manner and no unforeseen complications arise.
    3. All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.




Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smooth process.


You will be provided with a full list of disbursements in our formal quotation. If you need to incur any further disbursements during your case, you will be notified in advance of the reason and the amount.


The following disbursements and other costs may apply in your matter.


  • Office copies of title deeds £6
  • Mortgage legal fees on redemption £195 + VAT (£234 Inc. VAT)
  • AML Search Fee (per search) £35 + VAT (£42 Inc. VAT)
  • Company Search Fee (per search) £50 + VAT (£60 Inc. VAT)
  • Land Registry Priority Search (per title) £6
  • Land Registry Office Copy and Title Plan (per Title) £6
  • Bankruptcy Search (per name) – £2
  • Standard Property Search Pack (if required by the lender) £350 – £420
  • Land Registry fees. Click the link for more details of land registry fees payable.


Search Fees


Search fees vary from case to case depending on the local authority. We will advise you which searches you need for your transaction and the cost of each search. Typically, an insurance policy can be arranged to meet any such requirement. If the lender* is happy for an insurance policy to be put in place, we can help you obtain that


  • No Search Indemnity Policy (if accepted by the lender) – on review of your case and dependent on property.


However, if the lender insists on specific local searches being carried out, our average fee for a standard property search pack is £350 – £450.


We will advise the fees that are relevant to your matter when we have the details of your property.


How long will my mortgage or remortgage transaction take?


The average mortgage or re-mortgage will take between 4 – 6 weeks on receipt of the mortgage offer


Stages of the Process


The precise stages involved in the mortgage or remortgage of a residential property vary according to the circumstances.


We have set out the key stages of a standard transaction: –


  • Taking your instructions and giving you initial advice.
  • Undertaking regulatory checks.
  • Advising upon the mortgage offer and its conditions.
  • Giving you advice on all documents and information received.
  • Advising you on joint or shared ownership.
  • Sending final mortgage deed to you for signature.
  • Discharging any existing charge or charges
  • Registering the New Charge on the property


Other Factors


Other Factors to consider which may affect your legal fees: –


  • Multiple owners.
  • Multiple lenders
  • Shared ownership scheme.
  • Mortgaging where there is a help to buy scheme, and whether it is an equity loan or ISA.
  • Mortgaging property under right to buy.
  • Islamic Mortgages
  • Other unusual or complex matters


These fees vary from property to property and can on occasion, be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.


Aborted Cases


If the transaction should go abortive, then depending on what stage you are at will depend on how much you will be charged. Please note that any disbursements paid we will be unable to claim back.


Expedition Charges


At the outset of the matter, we will advise you that transaction may take 4-6 weeks. Should you instruct us that you require the completion of the matter prior to 6 weeks from the date of instructions, then we reserve the right to charge additional fixed legal fees of £195.00 + VAT (£234 Inc. VAT) depending upon how soon you require us to complete the matter.


Protracted Transaction


If the matter takes longer than the agreed period of completion which is 4-6 weeks, due to any reason whatsoever, then we reserve the right to charge additional fixed legal fees of £195.00 plus VAT (£234 + VAT) depending upon how long the matter is delayed.



For further information relating to our pricing structure or any other questions you may have relating to our fees and services, please contact our Conveyancing Team on 0208 577 1222.


      • Senior Partner, Chaman Lal MA LLB (Hons) is the founder of CL Law Solicitors with over 20 years PQE. He is the driving force of the firm and thrives in dealing with complex and high Net cases. He has extensive experience in Residential and Commercial Conveyancing including Grant or Assignment of Leases and is known for going above and beyond to achieve the best results for his clients. Chaman has overall supervision of the property department and the team.


      • Head of the Property Department, Hardeep Singh Grewal LLB (Hons) is a Partner at the firm. He joined the firm in December 2014 as a Legal Assistant and progressed to qualify as a Solicitor in September 2019 after gaining experience in four seats. Hardeep handles a range of conveyancing matters consisting of both Residential and Commercial Property. Hardeep is known for his focused attention to detail and prides himself on excellent client care, ensuring all property transactions run smoothly and efficiently.


      • Mandeep Kaur Neta LLM is a Trainee Solicitor, she is overall supervised by Chaman Lal and in Conveyancing matters by Hardeep Grewal. Mandeep has gained experience in all aspects of residential Conveyancing including Remortgage, Transfer of Equity, sales and purchases of leasehold and freehold properties. Mandeep is known for her efficiency in bringing all Residential conveyancing transactions to a speedy and satisfactory conclusion.


    Your Full Name (required)

    Your Email (required)

    Contact Number (required)

    Service Required


    Assisting in a fast and efficient manner

    Call Now Button

    COVID-19 Update

    As the world reacts to the Coronavirus (COVID-19) pandemic, CL Law Solicitors would like to reassure our clients that we are taking every possible step to ensure that our practice continues as normal as possible during these unprecedented times.


    Our level of services shall remain at the highest standard during these times.


    We are committed to supporting our clients in all aspects of their legal needs and our dedicated team of lawyers are available to deal with any legal matters over the telephone, remotely and by email.

    We would sincerely wish that all our clients stay safe and stay well.