Mortgages and Remortgage Fees
Our fees depending on your situation
Our Commercial and Residential Property team is well known and respected for its expertise, knowledge and experience in buying and selling residential property. We understand that what our clients want is excellent advice, dedicated and easy-to-contact solicitors. One of our great strengths is to move a sale or purchase through quickly where necessary, and we have a proven ability to act on urgent deadlines getting the best outcomes for our clients.
The team is led by Mark Parnall, a Property Solicitor.
Ben Mitchell is a solicitor with in-depth knowledge and experience in commercial and residential property. He qualified in 2018 and has an hourly rate of £218 plus VAT
Claire Wicks is a Chartered Legal Executive. She joined Parnalls Solicitors in 2010 and qualified in 2018, and has an hourly rate of £185 plus VAT
Stephen Evans is a property and planning solicitor with in-depth knowledge and experience in commercial and residential property. He qualified in 1976 and has an hourly rate of £285 plus VAT
Wendy Meneer, and Xoe Parry are assistants to the Commercial and Residential Property team with an hourly rate of £125 plus VAT
Megan Ridgman is an assistant to the Commercial and Residential Property team with an hourly rate of £125 plus VAT
Mortgages and Remortgage Fees
Our fees cover the work required to mortgage your new home or refinance an existing residential mortgage, including dealing with registration at the Land Registry. Please note that our fees for a new mortgage when we are also acting on the purchase are set out in our Estimated Residential Property Purchase Fees.
Conveyancer’s fees and disbursements
There is a legal fee which is dependent on the value of the property
Mortgage new home (when we are not also acting on the purchase)
| Transaction Value | Estimated Conveyancing | VAT Cost |
|---|---|---|
| Over £350,000 | Costs on request | |
| £350,000 – £600,000 | £695 | £139 |
| Up to £350,000 | £495 | £99 |
Refinance existing mortgage
| Transaction Value | Estimated Conveyancing | VAT Cost |
|---|---|---|
| Over £350,000 | Costs on request | |
| £350,000 – £600,000 | £750 | £150 |
| Up to £350,000 | £650 | £130 |
Disbursements
Your new lender may require searches, insurance against adverse search results, or neither. These are dependent on location, size and nature of the property and a specific estimate will be given on request. All search fees are subject to VAT. Example Search fees:- Local Search (Cornwall Council): £243.00
- Environment Search: £86.76
- Energy and Infrastructure Search: £30.00
- Drainage and Water Search: £59.90
- Mining Search (If necessary): £60.00
- Chancel Check: £24.00
- Pre-completion Searches: £7.00
- £80,001 to £100,000: £20
- £100,001 to £200,000: £30
- £200,001 to £500,000: £40
- £500,001 to £1,000,000: £60
- Over £1,000,000: £125
- Telegraphic transfer fee for remitting monies: £31.68 (inc VAT)