Transparency Information

Cyril Jones & Co transparency information on costs and scale of fees

This information is to enable clients to know the basis of how we calculate and set our fees and give estimates for costs. We always have the discretion to vary these fees and in many cases the clients costs will be less than the scales set out. In  complicated  matters that have unusual features that only become known as the matter progresses the case handler may have to re visit any information given about estimates and costs.

You should always consult your solicitor or case worker handling your matter if you require more information on the legal costs.

 

Below is the standard scale of fees that we charge for the type of legal services we offer.

RESIDENTIAL SALES & PURCHASES

£

VAT

TOTAL

UP TO 200.000

550-00

110-00

660-00

201.000-300.000

600-00

120-00

720-00

301.000-400.000

750-00

150-00

900-00

401.000-500.000

800-00

160-00

960-00

501.000 AND OVER

 This is subject to the solicitors discretion according to purchase price but will not be less than (£1000 plus VAT)

 

 

 

 

 

 

SUPPLEMENTAL CHARGES

 

 

 

NEW BUILD FREEHOLD

150-00

30-00

180-00

NEW BUILD LEASEHOLD

200-00

40-00

240-00

LEASEHOLD

200-00

40-00

240-00

HELP TO BUY/SHARED EQUITY

200-00

40-00

240-00

HELP TO BUY ISA (FOR EACH ISA)

50-00

10-00

60-00

 

 

 

 

REMORTGAGE & TRANSFER OF EQUITY

550-00

110-00

660-00

 

 

 

 

RIGHT TO BUY

550-00

110-00

660-00

 

 

 

 

DECLARATION OF TRUST

30-00

6-00

36-00

 

 

 

 

COMMERCIAL MORTGAGES/LOANS

500-00

100-00

600-00

 

 

 

 

 

 

 

 

COMMERCIAL SALES/PURCHASES

 

 

 

LEASES – NOT LESS THAN

600-00

120-00

720-00

The fees will  reflect the  amount of work involved and complexity

 

 

 

 

 

 

 

ADDITIONAL CONVEYANCING CHARGES

 

 

 

BANK FEE

20-00

4-00

24-00

MORTGAGE PANEL FEE

15-00

3-00

18-00

E.CONVEYANCING CASE FEE  SALE

25-00

5-00

30-00

                                                     PURCHASE

30-00

6-00

36-00

CLIENTS REQUEST FOR RETRIEVAL OF ARCHIVED FILE

25-00

5-00

30-00

L.T.T/S.D.L.T SUBMISSION

50-00

10-00

60-00

 

 

 

 

RE-CLAIMING  ENHANCED  LAND TAX OR STAMP DUTY

200-00

40-00

240-00

 

 

 

 

CONVEYANCING FEES TO THIRD PARTIES

During a transaction we will have to pay other parties fees. These are called disbursements These are typically but not exclusively

 

 

 

Property search fees

193-80

38-76

232-56

Land registry office copies

9-18

 

 

Land registry personal bankruptcy searches

2-00 per name

 

 

Leasehold management packs between

150-00 and 300-00

 

 

Other payments can arise such as indemnity policies details of which you will be made aware of if applicable

 

 

 

 

 

 

 

VOLUNTARY REGISTRATION AT LAND REGISTRY PLUS LAND REGISTRY FEES

400-00

80-00

480

 

 

 

 

LAND REGISTRY FEES

These vary according to what type of application is being made but for registered conveyancing applications these will be

 

 

0-----£80,000

£80,001-------£100,000

£100,001------£200,000

£200,001------£500,000

£500,001------£1000,000

 

 

First registrations and transfer of part of a title will attract twice the registered fee

 

A full range of fees can be found on the Land Registry website

20-00

40-00

95-00

135-00

270-00

 

 

 

 

 

 

 

 

 

WILLS

 

 

 

SINGLE STRAIGHT FORWARD

200

40-00

240-00

MIRROR STRAIGHT FORWARD

250-00

50-00

300-00

MORE COMPLICATED WILLS ARE LIKELY TO INCUR ADDITIONAL FEES  OF ABOUT

50-00

10

60

 

 

 

 

LASTING POWER OF ATTORNEY

 

 

 

ONE LPA

300-00

60-00

360-00

BOTH (PROPERTY AND HEALTH )

500-00

100-00

600-00

COUPLE DOING BOTH I.E. 4 DOCUMENTS

750-00

150-00

900-00

 

 

 

 

CHANGE OF NAME DEED

100-00

20-00

120-00

 

 

 

 

 

 

 

 

 

PROBATE

 

 

 

WHERE INSTRUCTIONS ARE LIMITED ONLY TO APPLYING FOR GRANT – WHERE NO INHERITANCE TAX IS INVOLVED PLUS PROBATE COURT FEE which is £155-00

850-00

170-00

1020-00

WHERE IHT400 & SCHEDULES INVOLVED – SUBJECT TO FE DISCRETION BUT NOT LESS THAN PLUS PROBATE COURT FEE.

1500-00

300-00

1500-00

 

 

 

 

ESTIMATES FOR ADMIN OF ESTATES

 

 

 

The basic formula for estimates and calculation of fees is as follows:-

 

 

 

 

 

 

 

1% of cash assets

 

 

 

0.5% of property value

 

 

 

W.I.P. ( work carried out on the matter)

 

 

 

Estimates for costs on probate and administration files can not usually be given with any degree of accuracy until sufficient information is known about the assets and how much work might be involved in liquidating or transferring assets. You should always feel free to request an up to date estimate of fees on your matter. We try to do this as early on in the matter as possible.

 

 

 

 

 

 

 

 

DEPUTYSHIP APPLICATION

950-00

190-00

1140-00

COURT FEE

 

365-00

 

 

PREPARATION AND LODGING REPORT OR ACCOUNT TO PUBLIC GUARDIAN

265-00

53-00

318-00

 

 

 

FAMILY LAW WORK

 

 

 

STRAIGHT FORWARD DIVORCE

1083.33

216-76

1300-00

Court fee £550-00

 

 

 

FINANCIAL ORDER AGREED

600-00

120-00

720-00

Court fee 50-00

 

 

 

FIRST CHILDRENS HEARING AND PREPARATION

850-00

170-00

1020-00

Court fee 215-00

 

 

 

 

 

 

 

PRE NUPTIAL AGREEMENT/COHABITATION AGREEMENT STARTING FROM

750-00

150-00

900-00

 

 

 

 

 

SETTLEMENT AGREEMENTS COSTS USUALLY PAID BY EMPLOYER

350-00

70-00

420-00

 

 

 

 

PERMITS TO TRAVEL ABROAD

30-00

6-00

36-00

 

 

 

 

DECLARATIONS AS TO MARRIAGE ABROAD WHERE DOCUMENTS ARE ALREADY PREPARED

WHERE DOCUMENTS ARE PREARED BY US

30-00

 

 

100-00

6-00

 

 

20-00

36-00

 

 

120-00

 

 

 

 

SWEARING OATHS AND DECLARATIONS

5-00 per name plus 1-00 for each exhibit

0-00

 

 

 

 

Charging rates

Each of our fee earners have an hourly charging rate depending on the level of experience and seniority and the complexity of the work involved.

 

Not everything is charged on an hourly rate. Some matters can be charged at a fixed fee and that should be discussed with your solicitor

We use a computerised time recording system for some matters which calculates matters such as time spent with a client; time spent on the file; time spent with third parties on behalf of the client; correspondence/emails; telephone attendances; travel; court waiting times; court hearing times. This time recording shows up on our accounts as WIP (work in progress). Each hour is divided into 10 units.

 

In conveyancing matters at the outset we give the client an estimate of the fees for the work required rather than time record. Please note that we give estimates and not fixed quotes on conveyancing matters as events may arise during a transaction whereby the estimate will need to be revised.

 

Below are the hourly rates we currently charge but that does not  mean we charge at out that rate and no less.

 

 

 

Partner rate is currently £240-00 inclusive of VAT (Glen Murphy, Sali Williams, Michael Cunnah)

Senior solicitor rate with more than 8 years experience is £240-00 inclusive of VAT ( Hugh Lloyd locum)

 Fellow Chartered legal executive    £240-00 inclusive of VAT  (Lesley Clarke)

Newly Qualified Solicitor       £175.20 inclusive of VAT    (Brett Butt)

Para legal with more than 8 years experience ( none employed at present )

Para legal with less than 8 years experience ( none employed at present)

 

 

Typically therefore as our time recording system divides an hour into ten units we would therefore charge a 30 minute interview or work on a file at 5 units.  Letters emails and phone calls that we make are recorded at 1/10th of the hourly rate e.g. £20.00 plus VAT.