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Buying a Property – Fees Calculator

  • What is the (estimated) purchase price of the property? (Please enter figures only with no commas.)
  • Will you be getting a mortgage over this property?
  • Are you a first-time buyer? A first-time buyer means a person who does not own nor has previously owned a dwelling anywhere in the world, and who intends to occupy the property being purchased as their only or main residence. (If there will be more than one purchaser, please only answer yes if all purchasers are first time buyers.)

  • Does the LBTT Additional Dwelling Supplement (ADS) apply to the purchase? ADS will apply if, at the end of the day on which you buy the property, you will own 2 or more dwellings and you are not replacing your main residence (ie selling your current main residence and moving in to the property you buy). Dwellings outside Scotland are included, and owning a share of a dwelling is included. You are deemed to own a dwelling which is owned (or a share of it is owned) by (a) your spouse or civil partner, (b) your cohabitant, or (c) a child under 16 who is a child of yours, your spouse or civil partner, or your cohabitant. ADS also applies to purchases of dwellings by companies and other non-individuals.
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  • ELP Arbuthnott McClanachan fee for conveyancing £{{ELPAM_conveyancing_fee}}
  • Fee for dealing with Law Society / Anti-Money Laundering compliance matters* £{{portal_fee}}
  • Fee for bank transfer of purchase price to sellers’ solicitors £{{bank_transfer_fee}}
  • VAT on fees at 20% £{{conveyancing_fee_vat}}
  • Registers of Scotland fee for Advance Notice of mortgage deed £{{ros_fee_advanced_notice}}
  • LBTT (Land & Buildings Transaction Tax) £{{ROUNDDOWN(lbtt_applied)}}
  • LBTT Additional Dwelling Supplement**£{{ROUNDDOWN(ads_applied)}}
  • Registers of Scotland fee for registering title deed £{{ros_fee_title_deed}}
  • Registers of Scotland fee for registering mortgage deed £{{ros_fee_mortgage}}
  • Overall Total (please see notes below)£{{FORMATTED(overall_total)}}

* The Government requires that we carry out Anti-Money Laundering Checks.  As this is a legal requirement, we track this cost separately. The amount of work required will vary depending on the complexity of your financial affairs.  Our AML Compliance Fee will be affected if you are receiving a gift, using cryptocurrency, own a cash-intensive business, or have a complex source of funds (more than five UK or any non-UK bank accounts holding funds).  The above estimate is for a standard transaction.  We will need you to pay the AML compliance fee up-front.

** The LBTT Additional Dwelling Supplement can be reclaimed if the property you buy becomes your new main residence and you sell your previous main residence within 36 months of the date of the purchase.

If you are buying a newbuild property from a builder then there will be additional outlays for searches etc. (which are usually paid for by the seller but builders will not pay for them). These are usually in the region of £150.

If you are buying a property under a shared equity / assisted purchase scheme (e.g. First Home Fund, Lift, Help to Buy) then there will be additional fees and outlays. We will be able to advise you on the amounts involved depending on the individual circumstances of your transaction.

You may also wish to instruct an independent survey or specialist report over the property you are buying. We can assist you with this, and we can obtain a quote for you for the fees involved in any such reports.

Fee quotes are valid for a period of 6 months, and outlays are subject to any changes made by the Government and/or Registers of Scotland (which will be updated here as soon as possible).  If the work we carry out for you turns out to be more complex than normal, we may require to increase our fee to take account of this (this is very unlikely and would only be done in exceptional cases).  If you have an offer accepted and then your purchase does not proceed for whatever reason, we would charge you a reasonable fee to take into account the time spent dealing with your purchase.

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I would like to express my gratitude towards you for the professional, courteous, efficient, and helpful manner in which you conducted yourself within the business of dealing with myself and the sale of my property. You are a credit to yourself and the people that you represent.

I just wanted to thank you for your professional service you provided me during what is a very difficult time for me. Your experience, diligence and knowledge have resulted in a larger settlement of which I am very grateful . I also appreciated your patience and understanding of my situation. I would have no hesitation in recommending your services to others.

I recently used E.L.P. when I sold a bungalow and purchased a flat. I was very impressed with the level of service and would have no hesitation in commending the company to future clients. Communications were efficient at all times and matters responded to very quickly. The financial transactions were all done within an hour of the completion time and my bank account credited.

It was a pleasure to do business with E.L.P.

Just to say thank you very much for your assistance in selling our flat – always prompt and professional, seeing us and keeping closely in touch with developments. What could have been a tedious long drawn-out process passed with remarkably little hassle for which we are very grateful.

We are a two partner law firm who do not specialise in Employment law. We have referred a number of our clients to Duncan McFadzean at ELP and those clients have always expressed their satisfaction at the work which ELP have done for them. We have also used ELP for any advice and guidance which we ourselves have required as a firm and have always found that advice to be accurate and tailored to our particular needs. ELP’s advice can be timely, cost effective and pragmatic. We have no hesitation in recommending them.

We have been using the services of ELP, especially their employment law advice service for employers, for more than 3 years. The reason we chose ELP is previous firms of lawyers we used were very aloof and did not offer practical guidance. We have a great relationship with them and trust Duncan’s advice implicitly. The reason for this is he knows our business and understands our style of management. This is invaluable when you are dealing with staff issues. The advice given is straight forward and to the point. ELP have also helped us develop our staff handbook and other procedures that are relevant to our company over the years.

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