"EC3legal

At EC3 Legal we have always been committed to being transparent and open about our costs relating to your legal matter.

Hourly rate

We will tell you our hourly rate and provide an estimate of the amount of time which we consider will be required either to complete the legal work required or in respect of stages of the matter depending on complexity. We are transparent in respect of our charges and will update you frequently on the costs of the matter.

Fixed Fees

It may be that we will be able to offer a fixed fee to complete the legal work required and we will let you know the cost at the outset so that you have certainty in relation to the fees you will have to pay. We often offer fixed fees for debt recovery work or the initial stages of a dispute.

 

Employment

Marina Garston heads up the employment team and will be your first point of contact.

 Name Admitted as a solicitor About
 

Marina Garston
Legal Director

 15 October 2007 Marina is an employment law specialist in the insurance market in London. She has extensive experience across the whole spectrum of employment law. From giving day-to-day employment advice to companies to advising on the employment aspects of corporate transactions, Marina also litigates employment disputes in the Employment Tribunal. Marina studied French and then trained as a lawyer in London.
Employment Tribunal: Range of Costs

Our pricing in relation to bringing and defending claims for unfair or wrongful dismissal range from £300 to £450 per hour (excluding VAT). The rate will depend on the complexity of the case.

Factors that could make a case more complex:

  • If it is necessary to make or defend applications to amend claims or to provide further information about an existing claim
  • Defending claims that are brought by litigants in person
  • Making or defending a costs application
  • Complex preliminary issues such as whether the claimant is disabled (if this is not agreed by the parties)
  • The number of witnesses and documents
  • If it is an automatic unfair dismissal claim e.g. if you are dismissed after blowing the whistle on your employer
  • Allegations of discrimination which are linked to the dismissal

There will be an additional charge for attending a Tribunal Hearing of approximately £2000 per day (excluding VAT). A tribunal hearing can be listed for any number of days depending on the complexity of the case and the number of witnesses on both sides.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

Counsel's fees are estimated at between £750 to £1500 per day plus VAT depending on experience of the advocate, for attending a Tribunal Hearing (including preparation).

Key stages

The fees set out above cover all of the work in relation to the following key stages of a claim:

  • Taking your initial instructions, reviewing the papers and advising you on merits and likely compensation (this is likely to be revisited throughout the matter and subject to change)
  • Entering into pre-claim conciliation where this is mandatory to explore whether a settlement can be reached
  • Preparing the claim or response
  • Reviewing and advising on the claim or response from the other party
  • Exploring settlement and negotiating settlement throughout the process
  • Preparing or considering a schedule of loss
  • Preparing for (and attending) a Preliminary Hearing
  • Exchanging documents with the other party and agreeing a bundle of documents
  • Taking witness statements, drafting statements and agreeing their content with witnesses
  • Preparing a bundle of documents
  • Reviewing and advising on the other party's witness statements
  • Agreeing a list of issues, a chronology and/or cast list
  • Preparation and attendance at Final Hearing, including instructions to Counsel

The stages set out above are an indication and if some of stages above are not required, the fee may be reduced. You may wish to handle the claim yourself and only have our advice in relation to some of the stages. This can also be arranged on your individual needs.

How long will my matter take?

The time that it takes from taking your initial instructions to the final resolution of your matter depends largely on the stage at which your case is resolved. If a settlement is reached during pre-claim conciliation, your case is likely to take 4– 8 weeks.

If your claim proceeds to a Final Hearing, your case is likely to take 4 weeks – 10 months. This is just an estimate and we will of course be able to give you a more accurate timescale once we have more information and as the matter progresses.

 

Property

Our property team is headed by Partner Matthew White who has over 20 years property experience.

 Name Admitted as a solicitor About
 

Matthew White
Partner

 15 December 1995 Matthew is a commercial property specialist. He specialises in negotiating high value commercial leases acting for both landlords and tenants. He has a particular expertise in advising insurance intermediaries and knowledge of the EC3 market together with advising clients on real estate investment acquisition and disposal, including dealing with portfolios. Matthew has a particular expertise in advising insurance intermediaries and knowledge of the EC3 market together with advising clients on real estate investment acquisition and disposal, including dealing with portfolios.
 

Talia Jacobs
Solicitor

 02 October 2017 Talia joined EC3 Legal as a Solicitor in March 2018 and qualified in October 2017. Talia successfully completed the LPC at the University of Law in London and then went on to train at a boutique law firm in Chigwell and qualified into their Property department. Talia has joined our commercial property department assisting Matthew with the negotiation and drafting of commercial leases, advising on acquisitions & disposals and all other commercial property matters. Talia is very experienced in residential transactions, secured lending and commercial leases.
Stephen Mynard
Consultant
 15 October 1986 Stephen joined EC3 Legal in February 2015 from a provincial firm which he co-founded over 20 years ago. That firm specialised in property law and expanded to six offices around the country. Stephen initially specialised in civil litigation but soon was instructed to undertake commercial property transactions for those he had represented. Accordingly he has acquired a wealth of experience in all aspects of property law.

Purchase of a freehold residential property

Our fees cover all of the work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property you wish to buy is in Wales.

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

Conveyancer's fees and disbursements
  • Legal fee £2000 – £4000 (approximately)
  • Search fees £500 (approximately)
  • HM Land Registry fee £20 - £540
  • Electronic money transfer fee £30
  • VAT payable

Estimated total: £2556 - £5076

Disbursements*

Disbursements are costs related to your matter that are payable to third parties, such as Land Registry fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

Stamp Duty or Land Tax (on purchase)

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using the Welsh Revenue Authority's website here https://beta.gov.wales/land-transaction-tax-calculator.

How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 4 – 6 weeks depending on many factors.

It can be quicker or slower, depending on the parties in the chain. If you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such a situation additional charges would apply.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances but the general stages of the process are listed below:

  1. Take your instructions and give you initial advice
  2. Check finances are in place to fund purchase and contact lender's solicitors if needed
  3. Receive and advise on contract documents
  4. Carry out searches
  5. Obtain further planning documentation if required
  6. Make any necessary enquiries of the seller's solicitor
  7. Give you advice on all documents and information received
  8. Go through conditions of mortgage offer with you
  9. Send final contract to you for signature
  10. Agree completion date (date from which you own the property)
  11. Exchange contracts and notify you that this has happened
  12. Arrange for all monies needed to be received from lender and you
  13. Complete purchase
  14. Deal with payment of Stamp Duty/Land Tax
  15. Deal with application for registration at Land Registry

Purchase of a leasehold residential property

Our fees cover all the work* required to complete the purchase of your new home, including dealing with registration at the Land Registry and dealing with the payment of Stamp Duty Land Tax (Stamp Duty) if the property is in England, or Land Transaction Tax (Land Tax) if the property is in Wales.

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

Conveyancer's fees and disbursements
  • Legal fee £2000 – £4000 (approximately)
  • Search fees £500 (approximately)
  • HM Land Registry fee £20 - £540
  • Electronic money transfer fee £30
  • VAT payable

Estimated total: £2556 - £5076

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as search fees. We handle the payment of the disbursements on your behalf to ensure a smoother process. There are certain disbursements which will be set out in the individual lease relating to the Property. The disbursements which we anticipate will apply are set out separately below. This list is not exhaustive and other disbursements may apply depending on the term of the lease. We will update you on the specific fees upon receipt and review of the lease from the seller's solicitors.

  • HM Land Registry fee: £20 - £540
  • Search fees: £500 (approximately)
  • VAT on search fees
  • Electronic money transfer fee: £30
  • VAT
Anticipated Disbursements*

Notice of Transfer fee this fee if chargeable is set out in the lease. Often the fee is between £50- £100.

Notice of Charge fee (if the property is to be mortgaged) – This fee is set out in the lease. Often the fee is between £50 and £100.

Deed of Covenant fee – This fee is provided by the management company for the property and can be difficult to estimate. Often it is between £50 and £100.

Certificate of Compliance fee - To be confirmed upon receipt of the lease, as can range between £50 – £100.

*These fees vary from property to property and can on occasion be significantly more than the ranges given above. We can give you an accurate figure once we have sight of your specific documents.

You should also be aware that ground rent and service charge are likely to apply throughout your ownership of the property. We will confirm the ground rent and the anticipated service charge as soon as this we receive this information.

Stamp Duty or Land Tax

This depends on the purchase price of your property. You can calculate the amount you will need to pay by using HMRC's website https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#/intro or if the property is located in Wales by using the Welsh Revenue Authority's website here https://beta.gov.wales/land-transaction-tax-calculator.

Stages of the process

The precise stages involved in the purchase of a residential property vary according to the circumstances but the general stages of the process are listed below:

  1. Take your instructions and give you initial advice
  2. Check finances are in place to fund purchase and contact lender's solicitors if needed
  3. Receive and advise on contract documents
  4. Carry out searches
  5. Obtain further planning documentation if required
  6. Make any necessary enquiries of seller's solicitor
  7. Give you advice on all documents and information received
  8. Go through conditions of mortgage offer
  9. Send final contract to you for signature
  10. Draft Transfer
  11. Advise you on joint ownership
  12. Obtain pre-completion searches
  13. Agree completion date (date from which you own the property)
  14. Exchange contracts and notify you that this has happened
  15. Arrange for all monies needed to be received from lender and you
  16. Complete purchase
  17. Deal with payment of Stamp Duty/Land Tax
  18. Deal with application for registration at Land Registry
How long will my house purchase take?

How long it will take from your offer being accepted until you can move in to your house will depend on a number of factors. The average process takes between 4 -6 weeks. It can be quicker or slower, depending on the parties in the chain. If you are buying a leasehold property that requires an extension of the lease, this can take significantly longer, between 3 and 6 months. In such a situation additional charges would apply.

Our fee assumes that:

  • this is a standard transaction and that no unforeseen matters arise including for example (but not limited to) a defect in title which requires remedying prior to completion or the preparation of additional documents ancillary to the main transaction
  • this is the assignment of an existing lease and is not the grant of a new lease
  • the transaction is concluded in a timely manner and no unforeseen complication arise
  • all parties to the transaction are co-operative and there is no unreasonable delay from third parties providing documentation
  • no indemnity policies are required. Additional disbursements may apply if indemnity policies are required.