Selling a Property – Fees Calculator

UP-FRONT MARKETING COSTS

These costs are payable from the proceeds of sale, or 6 months after the property goes on the market, or when the property is taken off the market, whichever is the earliest.

ELP Arbuthnott McClanachan marketing fee - £413.34 plus VAT£{{elpam_fee}}

This is to cover the cost of having professional photographs taken, a floor plan and video prepared, schedules printed, for sale boards put up, and the property marketed on Rightmove. (There is no charge at this stage for the time we spend arranging for your property to go on the market and dealing with enquiries.)

ANTI MONEY-LAUNDERING COMPLIANCE FEES

Whenever a property is being sold or a mortgage repaid, we carry out Origin of funds checks. How long have you owned the property? How was the purchase funded? Has the amount of the mortgage been dramatically reduced in a short time? We will obtain supplementary documents confirming equity held, such as mortgage statements. Ingathering, collating and reviewing the destination bank accounts for funds transferred to you. Bank accounts must be in your name Funds to be sent to accounts outside the UK are not included. Excludes free proceeds being sent to anyone other than you. Each Additional Destination of Funds (such as in a Separation, Executry Sale or Re-Mortgage where surplus funds are paid to client etc.) will be charged at £30.

ESTATE AGENCY AND CONVEYANCING FEES AND OUTLAYS (deducted from the sale price)

VAT on fee £{{FORMATTED(elpea_vat)}}

Land Register and Local Authority searches£{{land_registry_fee}}

The Land Register Search is to prove who owns the property and that there is nothing to prevent you from giving a good title to the purchaser, and the Property Enquiry Certificate deals with all Local Authority matters in relation to the property, e.g. whether the roads are maintained by the Council, whether any Statutory Notices have been served etc. It is standard practice for the seller to pay for these searches which must be shown to the purchaser's solicitors.

Registers of Scotland’s fee to register Advance Notice £{{ros_fee_advance_notice}}

The Advance Notice ensures that the purchaser is protected against your insolvency and any competing deeds which may be registered in the Land Register in the period between paying the purchase price and registering their title to the property.

Registers of Scotland’s fee to register the Discharge by your lender £{{ros_fee_register}}

As part of the sale we have to obtain a Discharge from your mortgage lender and have this registered in the Land Register.