Photo: Row of houses

Pricing for purchase of a leasehold residential property (e.g. a flat or maisonette)

Conveyancer’s fees and disbursements

These are the same as for a purchase of a freehold residential property except that the legal fee will be calculated on the following scale:

Transaction Price Fee
Up to £300,000 £850 + £170 VAT
£300,000 - £500,000 £950 + £190 VAT
£500,000 + £1,050 + £210 VAT

In addition to the disbursements shown for the purchase of a freehold residential property there are certain disbursements which will be set out in the individual lease relating to the property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the terms of the lease. We will update you on specific fees upon receipt and review of the lease from the seller’s solicitors.

Anticipated disbursements*

*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.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as we receive this information.

Stamp Duty or Land Tax

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using or if the property is located in Wales by using the Welsh Revenue Authority’s website here. (

How long will my flat or maisonette purchase take?

The length of time that the transaction may take will depend on a number of factors. The average process takes between 19 weeks.

It can be quicker or slower, for example depending on the number of parties in the chain. Also, it is usual for information and documents to be obtained by the seller’s conveyancer from the landlord or a management company which may take sometime to be processed.

Stages of the process

These are as set out in the chronology of key stages for a purchase of a freehold residential property except that there is more post completion work to be carried out.

Our fee assumes that:

  1. This is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction.
  2. The transaction is concluded in a timely manner
  3. All parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation.
  4. No indemnity policies are required. (Additional disbursements may apply if indemnity policies are required).
  5. This is the assignment of an existing lease and not the grant of a new lease.