Our Fees
Morris and Bates are the largest firm in Aberystwyth and one of the largest firms in Mid Wales. Unlike many smaller firms we are on the panel of the vast majority of mortgage lenders including all high street banks and building societies which allows us to act for both purchaser and mortgage lender saving time and cost for our clients.
We are both LEXCEL and CQS accredited. Lexcel is the Law Society’s legal practice quality mark for Practice Management and Client Care. CQS – the Conveyancing Quality Scheme run by the Law Society to provide a recognised quality standard for residential conveyancing practices.
Our solicitors offer a friendly and efficient service and are able to handle your transaction in Welsh or English.
We offer a fixed fee for this type of service which is based on the value of the property in question. The prices below cover the Legal Fees for the complete service which includes:
Taking your initial instructions, undertaking due diligence exercises on the property, carrying out searches and raising enquiries, managing and exchanging contracts on your behalf, ensuring funds are transferred properly for completing the transfer of property, and registering the property in your name.
The below prices do not include VAT or disbursements.
Sales
- Prices as follows:
- Property value up to £75,000 – £400
- £75,001 to £125,000 – £500
- £125,001 to £175,000 – £600
- £175,001 to £200,000 – £700
- £200,001 to £250,000 – £800
- £250,001 to £300,000 – £850
- £300,001 to £400,000 – £950
- £400,001 to £450,000 – £1,000
- £450,001 to £500,000 – £1,100
- £500,001 to £600,000 – £1,200
- £600,001 to £700,000 – £1,300
- £700,001 to £800,000 – £1,400
- £800,001 to £1,000,000 – £1,500
- Above £1m please Contact Us
- Making a Sale and a Purchase?
- We charge 75% of the cost as above for a Sale and Purchase transaction
- Includes:
- Legal Fees
- Timescale:
- A typical property sale will take between 6 and 8 weeks, though that can vary depending on the circumstances of the parties involved
- Payment on Completion
Purchases
- Prices as follows:
- Property value up to £75,000 – £400
- £75,001 to £125,000 – £500
- £125,001 to £175,000 – £600
- £175,001 to £200,000 – £700
- £200,001 to £250,000 – £800
- £250,001 to £300,000 – £850
- £300,001 to £400,000 – £950
- £400,001 to £450,000 – £1,000
- £450,001 to £500,000 – £1,100
- £500,001 to £600,000 – £1,200
- £600,001 to £700,000 – £1,300
- £700,001 to £800,000 – £1,400
- £800,001 to £1,000,000 – £1,500
- Above £1m please Contact Us
- Making a Sale and a Purchase?
- We charge 75% of the cost as above for a Sale and Purchase transaction
- Includes:
- Legal Fees
- Preparation and Submission of tax returns
- Preparation and Submission of Land Registry application
- Timescale:
- A typical property purchase will take between 6 and 8 weeks, though that can vary depending on the circumstances of the parties involved
- Deposit required:
- We require £250 on account in respect of search fees
- Payment on Completion
Remortgages
- Price applies to all property value bands
- Includes:
- Registration at the Land Registry (does not include Land Registry fee)
- Timescale:
- A remortgage is likely to take 4 weeks
- Deposit required:
- £250 is required on account in respect of searches
- Payment on Completion
Get your Quote
To get a no obligation, exact quote contact us on the number below:
Call: (01970) 625566 or Contact Us
There may be additional tax due on this matter which would be separate to the estimated cost. Please visit the below links for more information:
It is often difficult to estimate exactly what costs will be incurred as the amount and complexity of work required may be uncertain. VAT at the prevailing rate will be added together with disbursements such as search fees, stamp duty land tax etc. This is the best information about the likely overall costs of the matter that we can provide at the moment. As the matter progresses and the amount and complexity of the work becomes clearer, we will update the information on overall cost.
Disbursements are costs related to third party services which we pay on your behalf. We have not included the following disbursements which are priced based on the cost these services are charged to us:
Telegraphic transfer fee (£20+VAT)
ID Checks
Land Registration Fees
Plan & Deeds Application Fee
Land Searches (checks on the land and surrounding area)
Water and drainage search
Environmental search
Bankruptcy Searches
Indemnity Insurance on Searches
There may be additional fees based on the nature of your sale or purchase. The most common ones to arise are listed below along with their additional fee. These prices do not include VAT:
Dealing with a Mortgage: £100
Dealing with a Leasehold property: £150
Dealing with a Help to Buy purchase: £250
Dealing with a New Build Property: £100
Meet the Team
Richard John Morris
Supervisor, Director, Solicitor
Qualified: 1995
Richard deals with all aspects of Residential and Commercial Conveyancing. Richard is a fluent Welsh speaker.
Annwen Mair Jones
Director, Solicitor
Qualified: 1992
Annwen deals with all aspects of Residential Conveyancing. Annwen is a fluent Welsh speaker.
Nia Catherine Bates
Director, Solicitor
Qualified: 2008
Nia deals with all aspects of Residential and Commercial Conveyancing. Nia is a fluent Welsh speaker.
Christopher Wyn Bates
Director, Solicitor
Qualified: 2009
Chris deals with all aspects of Residential and Commercial Conveyancing.
Our PRocess
Purchases & Sales
Stage 1
Taking Instructions
At this stage your solicitor will establish contact with everyone involved. We collect the relevant documents and information from everyone involved to get the process started and ID for the client is obtained.
Stage 2
Pre-Contract
This is where your solicitor does their due diligence. On a purchase we perform searches on the property and raise the usual enquiries as well as reviewing the deeds and related paperwork to ensure good title to the property. If we catch anything out of the ordinary, we’ll discuss it with you and work out how to move forward. Once all is in order (including, if applicable, your mortgage finance) we will meet or provide a report so that contracts can be singed and at this stage your deposit transferred. When you’re selling a property with us.
We will prepare contract papers to confirm the terms of the property transfer. Once the contract is approved it can be signed along with the transfer and respond to the buyers queries as they perform their searches.
Stage 3
Exchanging Contracts
At the point where contracts are exchanged the transfer of property becomes binding. A ‘completion date’ is agreed which is when we will transfer ownership.
Stage 4
Completion
This is the day that the transfer is completed. Solicitors will confirm the transfer of funds due, and the keys are released from your estate agents – congratulations on your new home!
Stage 5
Post Completion
Following completion your solicitor will set about arranging the payment of any tax due, and the registration of the transfer of property together with any mortgage with the Land Registry.
Mortgages & Re-Mortgages
Stage 1
Reviewing the Mortgage
When it comes to mortgages your solicitor is required to review the offer as well as the other property documents (e.g. deeds). We’ll check over your mortgage offer and make sure all the conditions are met. We may have to carry out some searches on the property at this point too to satisfy your mortgage lender.
Stage 2
Arranging Completion
Once your lender and you are content with the offer and that conditions are being met you sign the Mortgage Deed. Your solicitor then gets an up-to-date settlement figure for your existing mortgage and we set a date to complete the remortgage.
Stage 3
Completion
On the day of completion we will settle any existing mortgages and we transfer any left over money to you. Finally, we register your new mortgage at the Land Registry.