Fee information and price transparency
We will notify you at the outset of our retainer the likely cost of dealing with your instructions. Our cost estimate will include our anticipated professional fees together with any expenses that we are likely to incur in the matter.
Our professional fees are usually time-based with the relevant fee earner’s hourly rate based on years of experience and expertise. We include below links to our fee estimates for the following types of work:
We charge UK VAT (currently 20%) on our professional fees unless you are based outside of the United Kingdom, in which case different VAT rules may apply and we will notify you accordingly.
Where we are likely to incur expenses dealing with your instructions we will provide you with a summary of likely recharges and disbursements (as described below). It is our policy to request funds on account of expenses generally prior to incurring them.
Recharges are expenses that we incur as part of our service to you and include, but are not limited to:
- Travel expenses
- Company and individual searches
- Most standard property searches
- Probate and administration searches
- CHAPS and other bank transfer fees
We are obliged to add UK VAT (currently at 20%) to recharges unless you are based outside of the United Kingdom, in which case different VAT rules may apply and we will notify you accordingly.
Disbursements are expenses that we pay on your behalf but that you could have otherwise organised and paid for and include, but are not limited to:
- Land registry fees
- Stamp Duty Land Tax
- Court fees
- Barristers’ fees
- Stamp duty on share purchases
- Estate duty
- Probate fees
- Professional services of a third party such as estate agents, surveyors etc.
Although we do not add UK VAT to disbursements you will be charged the VAT-inclusive amount where a third-party service provider issues an invoice subject to VAT.