Fee schedule
In accordance with your lease you may be charged an additional fee for the administration of requests such as, home improvements and pet permissions. The fee must be paid prior to any request being granted. Please note, if you proceed without obtaining permission a retrospective permission fee will be charged.
Here's our fee schedule.
£125.00 + VAT
This applies when an equity loan is repaid. The fee will cover our administration costs and allow for our solicitors to release our legal charge by signing, sealing and returning the legal charge certificate (DS1 Form). The fee is payable on completion of the transaction.
The homeowners are responsible for their own legal costs.
£225.00 + VAT
(Outside of Staircasing promotion)
The fee applies when a shared owner buys further shares in their home. The fee will cover our administrative costs, approving the mortgage offer and covers the costs of the Memorandum of staircasing and updating our systems. The fee is payable on completion of the purchase. The home owners are responsible for their own legal costs.
£225.00 + VAT
(Outside of Staircasing promotion)
The fee applies when a shared owner buys the remaining shares in their home. The fee will cover our administrative costs, completion of the Memorandum of Staircasing and the costs of producing, signing and sealing the Freehold Transfer. The fee is payable on completion of the purchase. The home owners are responsible for their own legal costs.
Fee as detailed within the Shared Ownership lease: £ TBC
Please notify us by emailing assignments@longhurst-group.org.uk if you wish to sell your shared ownership home.
We'll provide you with a guide and all relevant information to help you sell your share. A fee is payable to us for our involvement in your sale. The amount of the fee is detailed within your lease.
Reasonable fee: £450.00 + VAT
For leases which state a reasonable fee can be charged a minimum fee of the above will be charged. Additional fees may apply if permissions and further consents are required.
£200.00 + VAT
Applicable to Right to Buy (RTB) resale’s, leasehold schemes for the elderly and properties owned outright with ongoing service charge/management fees. To provide a Management Pack (LPE1) and provide a copy of the audited annual accounts, service charge schedules, sinking fund balance, planned Section 20 works, planned works, fire risk assessments and asbestos surveys (if applicable).
£200.00 + VAT
(Including leasehold, S/O, RTB)
The cost is to cover the administrative fees involved in the transfer and change of ownership, including new owners forms, direct debits, providing completion figures, updating service charge/rent accounts on our system for vendor and purchaser and processing account refunds.
£125.00 + VAT
For properties where the title requires the purchaser to enter into a Deed of Covenant, there's a charge to cover the costs of registering the Deed of Covenant and signing and sealing.
Legal fee: £150.00 + VAT
Admin fee: £50.00 + VAT
Required to move expired RTB charges or expired restrictions from a Title Deed for properties sold outright.
£225.00 + VAT legal
For variations that we are agreeable to us and sit outside a general sale where a fee is payable.
Admin fee (Longhurst Group) : £75.00 + VAT
Our solicitors: £150.00 + VAT
Administrative fee to cover our involvement and our solicitors input in processing the Deed of Covenant and change in ownership/on going payment collections.
£15.00 + VAT
Costs are applied for requests of copies of leases or any other documentation from property files or archives. Please be advised that we may not hold all of this information in-house and the fee applies for the administrative time involved in retrieving the information, photocopying relevant documents and postage. The fee is payable on request and prior
to any documents being released.
£15.00 + VAT
Costs are applied for requests of copies of leases or any other documentation from property files or archives. Please be advised that we may not hold all of this information in-house and the fee applies for the administrative time involved in retrieving the information, photocopying relevant documents and postage. The fee is payable on request and prior
to any documents being released.
£25.00 + VAT
Costs are applied for requests of copies of leases or any other documentation from property files or archives. Please be advised that we may not hold all of this information in-house and the fee applies for the administrative time involved in retrieving the information, photocopying relevant documents and postage. The fee is payable on request and prior
to any documents being released.
£175.00 + VAT
This fee is payable when there's a change in circumstances, ie; marital breakdown etc and a request is made to remove a leaseholder from the mortgage/lease. The costs cover approval of the amended mortgage deed, assessment of financial information if deemed necessary and updating our systems.
£75.00 + VAT
A shared owner must receive our consent to change a mortgage. We must approve the mortgage offer and the fee is to cover the associated administrative costs. The fee is payable on receipt of the revised mortgage offer, prior to consent being issued in writing.
£100.00 + VAT
If a shared owner's home is funded by a mortgage, they must receive our consent if they wish to apply for a further advance on the mortgage. We'll only consent to further advances under certain circumstances, as set out in the lease agreement. We'll require details of the amount they're applying for and details confirming the reason for the further advance, in addition to a valuation of the property, which must be within three months of the date in order for the case to be assessed. The fee is to cover our administrative costs associated with the request and is payable prior to consent being issued.
£ tbc
(Dependant on request, please contact us as fee will vary)
Fee for dealing with complex lease/legal requests ie, boundary disputes and lease variations, not relating to a property sale).
£100.00 + VAT
For processing and providing approval. Sub-letting isn't permitted under the terms of the Shared Ownership lease and it's at our discretion, based on individual circumstances, whether approval will be given.
Admin fee: £100.00 + VAT
Legal cost: £ TBC
£ tbc
(Dependant on request, please contact us as fee will vary)
£50.00 + VAT
(including property compliance and NHBC)
(from) £30.00 + VAT
(Including allegations and investigation and resolution)
£25.00 + VAT
£40.00 + VAT
(Minor and up to five requests)
£60.00 + VAT
(Complex and up to five requests)
£100-£150.00 + VAT
(Including sub-letting and home improvements at our discretion)
£TBC + VAT
FREE
(Available to download from our website)
*Fees are subject to change on an annual basis.