UK Land registry fees calculator Updates 2024/2025
Calculate land registry fees; Understanding the various charges associated with buying or selling property in the UK is critical. One of these expenditures is the land registry fee, which is used to legally register property ownership.
In this blog article, we'll explain how to calculate land registry costs in simple words and present a table summarizing the expenses. Whether you're a first-time homebuyer or an experienced property owner, this guide will help you easily navigate the world of land registry costs.
Table: UK Land Registry Fees Simplified
Property Value (in £) | Apply by Post | Apply Using Portal (Whole Title) | Apply Using Portal (Part of Title) | Voluntary First Registration (Reduced Fee) |
---|---|---|---|---|
£0 – £80,000 | £45 | £20 | £45 | £30 |
£80,001 – £100,000 | £95 | £40 | £95 | £70 |
£100,001 – £200,000 | £230 | £100 | £230 | £170 |
£200,001 – £500,000 | £330 | £150 | £330 | £250 |
£500,001 – £1,000,000 | £655 | £295 | £655 | £495 |
£1,000,001 and over | £1,105 | £500 | £1,105 | £830 |
How to Calculate Land Registry Fees
Determine the Property Value:
Begin by determining the value of the property you’re buying or selling. This is usually the purchase price agreed upon by the parties involved.
Identify the Applicable Fee Range:
Once you know the property value, find the corresponding range in the table above. For example, if the property value is £150,000, it falls within the range of £100,001 to £200,000.
Choose the Appropriate Application Method:
Depending on your specific situation, you’ll need to choose the right application method. There are different options for applying by post, using the portal for the whole title, using the portal for part of the title, and voluntary first registration (with a reduced fee).
Find the Corresponding Fee:
Locate the property value range and the chosen application method in the table. This will give you the exact fee you need to pay for your land registry application.
Consider Reduced Fees for Voluntary First Registration:
If you’re applying for voluntary first registration, you may be eligible for a reduced fee, as indicated in the table.
Ensure You Have the Correct Payment Method:
Be prepared to pay the fee using the appropriate payment method, whether it’s by post or through the online portal.
Additional Information
It’s important to note that land registry fees may be subject to change. To stay up-to-date with the most current fee rates and regulations, you can visit the official HM Land Registry website.
Additionally, if you have any specific questions or concerns regarding your land registry application, consider seeking advice from a legal professional or a conveyancer.