Fee Information: Mortgage of a Freehold or Leasehold Residential Property

Legal Fees

We set out below our fee structure for the refinancing of residential properties, but, as our fees will vary according to the nature of the transaction and whether the property is freehold or leasehold, we do advise that you call us to discuss your particular case

Re-mortgage of freehold property

Amount of the loan

Estimated fee range (exclusive of VAT)

Up to £750,000

£1,500 - £2,500

£750,001 - £1,000,00

£2,501 - £3,500

£1,000,000 +

Fee available on application

If at any stage we find that the transaction is more complicated than was represented to us at the outset, such that we need to re-address the level of our fee, we will explain the reason for the change.

The amount of work involved in relation to a particular transaction can vary widely, and matters can arise during the transaction which could turn a straightforward sale transaction into a more complex one.  Examples of such potential complexities might be:

  • A defect in title or a problem with the terms of a title document.  Such defect if not remedied could affect your use of the Property or your ability to obtain a mortgage or the future saleability of the property
  • The preparation of additional documents ancillary to the main transaction.
  • An issue with regard to the provision of funds or the source of any funds over and above the new mortgage required to discharge any existing mortgage over the Property
  • Indemnity insurance policies may be required to protect against a minor defect in title or absence of planning permission or building regulation approval, which may attract additional time and expense
  • The case becomes urgent

Re-mortgage of leasehold property

Amount of the loan

Estimated fee range (exclusive of VAT)

Up to £750,000

£1,750 - £2,750

£750,001 - £1,000,00

£2,751 - £4,000

£1,000,000 +

Fee available on application

Our fees are higher in relation to a leasehold property as there is more work involved, including for example:-

  • Checking the terms of the lease and any supplemental title documents
  • Checking whether there have been any alterations to the Property and whether these have been permitted by the landlord
  • Checking management information relating to ground rent, service charges and buildings insurance

Our fee for making same day electronic bank transfers is £35 plus VAT for each transfer required


Disbursements are expenses related to your remortgage which are payable to third parties, such as the Land Registry or Local Authority. We will handle the payment of the disbursements on your behalf to ensure a smoother process. 

We will provide you with a full list of disbursements at the outset.  We set out below the disbursements which are usually incurred when purchasing a residential property: 

Approximately £400

Type of disbursement

Usual cost*
*These are approximate figures and some disbursements may be subject to VAT

Land Registry

The cost of obtaining official copies of title documents – for example
£6.00 plus VAT for copies of the title registers and title plan, per each title
£3.00 plus VAT for each copy document

(Generally only for leasehold  purchases)
Notice fees payable to the Landlord for example on the registration of a
Notice of Transfer and Charge

This fee may vary but is usually between £40.00 and £100 plus VAT per notice.

Land Registration fees

This fee is based on the value of the mortgage.

Search fees including but not limited to, searches with the Local Authority, Water and Drainage Authority, Environmental Search and Chancel Repairs Search.

If additional disbursements arise during the course of your purchase we will provide you with the relevant details.

It is usual for us to request a payment on account of say £500 at the outset to cover the cost of pre-contract disbursements. 

Value Added Tax

VAT, currently chargeable at the rate of 20%, will be added to our fees and several of the disbursements. We will confirm at the outset of the transaction the disbursements we believe will be incurred, and which of those will attract VAT.

Stages of the process

The stages involved in the remortgage of a residential property vary according to the circumstances. However, we set out below some key stages that are likely to take place.

  • Writing to the existing lender to obtain a redemption statement
  • Obtaining up to date official copy entries of the title from the Land Registry
  • Carrying out searches
  • Forwarding the result of searches and also answers to enquiries to the new lender’s solicitors.
  • Checking that the net mortgage advance will be enough to redeem your current mortgage
  • Requesting a final redemption statement from your existing mortgage lender
  • Carrying out searches on your title prior to completion.
  • Requesting mortgage funds
  • Redeeming the existing mortgage
  • Registering the new mortgage against the land registry title to your title

How long will my re-mortgage take

This will depend on a number of factors. The average process can take between 4-8 weeks.

Legal Team

If you have any questions relating to our services and fees please contact our Legal Team

Please contact any of our legal team if you require further assistance.