Hi Lesley - the online portal debits the fee as authorised by the applicant. It doesn't calculate the fee so solely reliant on the conveyancer to insert the fee they are paying and that we can then take by way of variable direct debit
The fee is then checked when processing starts and if a shortfall exists we ask them to authorise a further payment or if they overpaid then we refund that amount when the application is completed
The application to update BD149426 was completed on 28th Nov and a fee of £30 was authorised/debited. There was no request for more or a refund made.
As the Transfer was for no monies the fee is payable under
Scale 2 on half the market value of the property and the conveyancer confirmed the current market value to be £325K
BD149426