(Please note that we close for lunch between 12 pm to 2 pm)
(Incorporating CHUNG & PLATT, EST. 1985)
T: 0161 228 6777
F: 0161 228 7774
E: info@chungandco.com
COSTS & OTHER INFORMATION
Explanatory Notes:
Our estimates are valid as at 1st March 2021. They are for general guidance only and are reviewed regularly. We reserve our right to make changes unless we have unconditionally fixed or agreed our charges with you in writing. The Solicitors Regulation Authority (SRA) requires all solicitors to publish their estimated legal fees for some specific, but not all, services offered. Not all solicitors charge the same fee or provide the same level of services. Costs should not therefore be your only consideration when choosing solicitors but also their professional status and expertise.
As a small but long established (since 1985) firm, your case will be handled and supervised by fully qualified and experienced solicitors only. We earn our continuance by high quality work at competitive price only.
You will pay “Legal Costs” for all our services, including verbal and/or written consultations, regardless of the outcome of the transaction concerned. Unless otherwise agreed in writing, we do not offer any free advice or service but in exceptional circumstances we may impose token or discounted charges only.
You may have to pay “Disbursements”, which are expenses paid to other parties, such as search fees, court fees, management company’s fees, bank charges, registration fees, Land Transaction Tax or Stamp Duty, landlord’s solicitors’ fees, mortgagee’s solicitors’ fees, bank transfer fees, bank charges, Land Registry fees, application fees, inspection fees, estate agents’ fees, surveyor’s fees, architect’s fees, accountant’s fees, insurance policy premiums, etc.
You will also pay “General Expenses”, which are our overheads chargeable as additional profit costs, such as Postages, Telephone, Fax, Photocopying and Stationery charges (minimum £20 per matter), Office Administration Charge (minimum £15 per matter), Travelling expenses (at £0.80 per mile), Bank transfer fees (£30 per transfer) and postal delivery handling charge, e.g. DHL or Royal Mail, (minimum £10 per item, if required).
You may have to pay for our “AML Checks” by way of additional profit costs. Under the current “Anti-Money Laundering” (AML) legislations, all solicitors must check the source of funds of their clients when payment is required, such as purchase price. We must be reasonably satisfied that your funds are legitimate or else we cannot use them. AML checks are always very time consuming, particularly for overseas funds. We must also check the identity and address of each of our clients and the fund payers. All information and/or documents supplied or obtained are for us as well as all the relevant government agencies and SRA (to be released at our sole discretion) and you are deemed to have consented to us and/or them retaining them for as long as necessary. Our AML costs start from £150 per fund payer.
All fees and expenses mentioned are net of VAT. You must pay VAT at the prevailing rate which is 20% and it is variable. VAT is an additional tax payable to the Government and is payable in most cases, except by overseas clients but only if the transaction does not involve any property in the UK. For VAT registered clients, they may be able to reclaim it from the Government.
All published charges are estimates only on the assumption that the intended transaction is straightforward without any undue complication or delay. If not, you may have to pay more but we shall endeavour to agree with you in advance the extras before carrying out any further work.
We cannot guarantee success, any particular outcome and/or conclusion of any work within any time scale, since there are so many factors which are outside our control. However, we always strive to meet the reasonable expectations of our clients.
We reserve our rights to decline instructions even if you are willing to accept our estimates and without having to give any reason. All communications with us must be in English and in writing by either letter or email.
There are cases where we can charge only on hourly rate basis. We have two fully qualified and highly experienced solicitors of the Senior Court of England & Wale. They are our partners and their key details are:-
- Languages spoken – English and Chinese (Mandarin & Cantonese)
- Main law interests - Conveyancing (Commercial & Residential), Landlord & Tenant, Immigration & Nationality, Company & Commerce, Will & Probate, Divorce, Magistrates Court & Tribunal work, Licensing Applications, Town & Country Planning, Legalisation and Chinese Translation and Affairs.
-Hourly rate - £250, divided into 10 units, minimum charge 1 unit.
- Languages spoken – English and Chinese (Mandarin & Cantonese - Basic)
- Main law interests - Conveyancing (Commercial & Residential), Landlord & Tenant, Immigration & Nationality, Company & Commerce, Will & Probate, Divorce, Magistrates Court & Tribunal work, Licensing Applications, Town & Country Planning and Legalisation.
- Hourly rate - £200, divided into 10 units, minimum charge 1 unit.