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What is normally included in a conveyancing solicitors fees?
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gemstars
Posts: 515 Forumite
I've chosen my solicitor based on several positive recommendations.
When I was initially getting quotes I asked my chosen solicitor what was included in the quote but I couldn't really get any detailed information out of them other than
'I am sorry, but I am not sure exactly what more you want me to say. 'Costs on Purchase' are the costs I will charge you for carrying out the conveyancing work on your behalf, which is substantial, detailed and technical, but suffice to say, the figure is for all work involved. This entails carrying out and checking any necessary Searches; checking the Contract documents and advising you on the same; dealing with any mortgage offer which you might receive and obtaining the mortgage advance monies in time for the eventual completion date; registering your Title to the property with Land Registry.'
I've now recieved a letter from them saying they carried out a mining search which they want an extra £36.97 for and also if I want them to fill in the Land Transaction Report form on my behalf they will charge another £57.50.
Is this normal? This is my first time buying a house, in fact it's my first time dealing with a solicitor all together so I'm really not sure what to expect. All I know is I'm on a very tight budget and I haven't budgeted for any additional costs because I thought it was all included.
The quote I recieved was:
Costs on Purchase 335.00
VAT @ 15% 50.25
Land Registry Fee on Purchase 60.00
Land Registry Search Fee 6.00
Land Charges Registry Fee2.00
Bank TT Fee 23.00
£476.25
When I was initially getting quotes I asked my chosen solicitor what was included in the quote but I couldn't really get any detailed information out of them other than
'I am sorry, but I am not sure exactly what more you want me to say. 'Costs on Purchase' are the costs I will charge you for carrying out the conveyancing work on your behalf, which is substantial, detailed and technical, but suffice to say, the figure is for all work involved. This entails carrying out and checking any necessary Searches; checking the Contract documents and advising you on the same; dealing with any mortgage offer which you might receive and obtaining the mortgage advance monies in time for the eventual completion date; registering your Title to the property with Land Registry.'
I've now recieved a letter from them saying they carried out a mining search which they want an extra £36.97 for and also if I want them to fill in the Land Transaction Report form on my behalf they will charge another £57.50.
Is this normal? This is my first time buying a house, in fact it's my first time dealing with a solicitor all together so I'm really not sure what to expect. All I know is I'm on a very tight budget and I haven't budgeted for any additional costs because I thought it was all included.
The quote I recieved was:
Costs on Purchase 335.00
VAT @ 15% 50.25
Land Registry Fee on Purchase 60.00
Land Registry Search Fee 6.00
Land Charges Registry Fee2.00
Bank TT Fee 23.00
£476.25
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Comments
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I would query what "registering your title to the property with Land Registry" means if it doesn't include completing the land transaction report form.
Apart from anything else, they have a responsibility to the mortgage lender to ensure the lender's interest in the property is registered.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Did you tell the solicitor where the property was? If you did then he should have warned you that a mining search might be necessary. If it was just a quote for a purchase at a certain amount then he can possibly reasonably say that he couldn't expect that a mining search would be needed and it was not reasonable for him to confuse you by adding on things that would only apply in certain areas. If both you and he are in a known mining area and he knew you were buying in that area then possibly he should have told you about it.
The extra charge for completing the SDLT form is unfair. If you clearly asked him for details of what was included he had the opportunity at that point to tell you that completion of the form would be extra so in my view you have a case for a complaint. You cannot be expected to know that an SDLT form would have to be completed!
When did you get the quote? The Land Registry announced a month or more ago that the fees would be increasing on 6th July for transactions submitted to the Registry from that date. . The relevant fee would now be £80.
The TT Fee is slightly lower than the average of £30 plus VAT that most solicitors charge and the basic fee of £335 + VAT is on the low side, so even with the extras the overall cost is not that unreasonable.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
Thanks Richard.
I was aware of the land registry fee going up as some of the other solicitors I got quotes from mentioned it, so I'm prepared for that.
Should I just write to the solicitor and say that I don't think the SDLT charge is fair? Would an email do or should I sign it and send it through the post?
How new are the SLDT forms? I recieved the quote on the 9th June, have they come in since then?
I notice you are a conveyancing solicitor, would you normally include the cost of completign this in your quote? Is it standard practice to do so?
Thanks again!0 -
SDLT forms have been around since the end of 2003!
The solicitor may have hidden reference to them in "terms and conditions". However as you specifically asked about what was included it will be difficult for him to defend that as an excuse. I would definitely put it in writing by letter saying that you specifically asked about what was included and this was not mentioned and therefore you do not believe you should pay for it.
There are three different approaches by solicitors on SDLT forms:
1. Include the completion of the form as an "optional" item which you can do yourself, but if the solicitor does it he charges £50-75 plus VAT for doing so. I don't think is fair on people because most don't know what is involved, read it as making it look that the fee is cheaper than they think and later reluctantly agree to pay for it because it is too much hassle to do it themselves.
2. Make it completely clear that there is an extra charge for completing the form. This has the psychological advantage that the fee for conveyancing is made to look lower than it really is but the client cannot complain because the figures have been given to him at the beginning - it is merely a matter of presentation. I think most firms take this approach.
3. Make it clear from the outset that there is no extra charge for completing the form as it is regarded as part of the normal work carried out. That is what I do.
You may want to look at this thread where someone is trying to complete a form to save the "optional" fee:
http://forums.moneysavingexpert.com/showthread.html?t=1800653RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
haha that someone is me! :-)0
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I so much concentrate on what people are saying I don't generally look to see who they are! Anyway you now have two sets of info about it all from different aspects, and those reading the threads will no doubt also be suitably edified!
I do think this charging separately for the SDLT form is a source of confusion to the average person.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
From reading these forums, it seems that the solicitors with the cheapest quotes are the ones that invariably have a longer list of extra costs. We went with a solicitor recommended to us and he sold himself on quality not price. He proved his worth and the extras were £0.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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Thanks silvercar
Just to clarify, I didn't go with the cheapest quote. While the solicitor we went with wasn't the most expensive, he certainly wasn't the cheapest either and we did choose him mainly because he was recommended by quite a few different people. :-)0 -
Just an update on this -
I wrote to the solicitor and said I thought it it was unfair and they've written back basically said tough and if I have a problem with the form to complain to HM Customs and Revenue.0 -
Depends a lot on how the point was explained in the initial stuff you had from the solicitor.
If it was confusing and didn't make it clear that the form was long and complicated and had to be completed then your line is that the solicitor presented you with confusing costs information leading you to suppose that either the SDLT form was something that was optional or only came up in a few cases or that it wasn't optional but was easy for a lay person to complete.
If you feel that either of the above was suggested in the blurb you received then you may have a legitimate complaint,. but unfortunately the solicitor may well have done just enough by way of explanation to wriggle out if challenged.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0
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