Conveyancing fee for a 115k purchase

crob83

Just received our estimate from our solicitor for our house purchase... our house price is 115k.

The fees quoted are £550 + VAT for solicitors fees. Is this a bit expensive and would it be cheeky of me to ask the solicitor to reduce this fee??? (Live in Scotland btw)

Thanks!

suisidevw

Belows the breakdown for our property so yes, it seems relatively expensive!

On the above information, we expect our charges to be:-
Our fees on your purchase £375.00
Bank telegraphic transfer fee on your purchase £40.00
Completion of SDLT form on your purchase £50.00
OUR FEES £465.00
In addition, we will have to make a number of payments
to government and others including (at present rates):
Bankruptcy search fee on your purchase £4.00
Land Registry fee on your purchase £150.00
Land Registry Search fee on your purchase £3.00
Stamp Duty Land Tax on purchase £1,975.00
OTHER PAYMENTS £2,132.00


SUMMARY
Our Charges: £465.00
Other Payments: £2,132.00
VAT: £69.75
TOTAL: £2,666.75

mike5678

£550+vat is the same for me as well. Didn't seem unreasonable to me. Not Premier Property Lawyers Direct by any chance?

mike5678

Hmm looking at it, this is my breakdown. How does this also look to everyone else (Don't want to make a separate post)

Purchase Quotation

Our Fee 550.00
Our Leasehold Fee 75.00
Our Mortgage Fee 25.00
Stamp Duty Land Tax Fee 55.00
Environmental Search 54.00
Land Registry Fee 200.00
Stamp Duty 1,800.00
Additional Searches 15.00
Chancel Repair Liability 30.00
VAT on our Fees 105.75
Total (£) 2,909.75

Flat is in London.

snowjoe

550 plus VAT seems good value to me. we're paying £800 down south