Conveyancers Fees

Steve_Andrea

Hi,

Just got a quote from a solicitor that was recommended to me.

The quote is as follows:

£599 + VAT - Fee
£280 - Land Registery
£200 - Searches
£30 - transfer fee

Its about £1000

Is this a good price?

azkaban420

Hi there, sounds about right - but not sure of the combined £200 for other searches (I know there's a fair few so it might be right if it covers everything). My solicitor charges £550+ vat.

Might be worth calling a couple of other local solicitors to see what they charge and compare?

Doshwaster

I instructed my solicitor this morning and that was pretty much the same as their quote. They weren't the cheapest of the quotes I had got but I had several strong recommendations and they were by far the friendliest and most helpful firm I spoke to. Others either never returned my calls or refused to work with email.

As a first time buyer I need some extra hand holding so I'm prepared to pay a little more for it.

MDL74

i'm also an FTB - how much do you expect to pay for a survey??

withnell

Depends what type, I've been quoted 200 - 400 for a homebuyer report

Doshwaster

withnell wrote: »

Depends what type, I've been quoted 200 - 400 for a homebuyer report

When arranging my mortgage this morning I upgraded the valuation survey to a Home Buyers Report for £200.

Steve_Andrea

Hi,

Just received the written quote from the solicitor as follows:

Firms charge - £595 + VAT
Professional indemnity insurance premium contribution - £35 + VAT
Bank Transfer Fee - £30 + VAT
Land Register Fee - £280

Plus an extra search fee of £200 which is refundable if the property has a HIP and the searches are up to date.

This looks expensive?

Any thoughts?

G_M

Professional indemnity insurance premium contribution - £35 + VAT
What a rip off. This should be included as a standard overhead in their 'firms charge'. Surprised they haven't added a charge for electricity.

read this

Steve_Andrea

Thanks

I've emailed the solicitor and told them im unhappy with the PI fee.

Does anyone have any recommended solicitors?

Thanks

Steve_Andrea

Has anyone used:

lawcomm.co.uk

There quotes are REALLY good?

kaych

I would be very careful with the cheap quotes though, there might be hidden costs etc.

Our solicitor costs include:

Legal fees on acquisition £450
Legal fees on first mortgage £150
Telegraphic trasnfer fee £30
Land Registry Fee £280
Legal Fees on Stamp Duty Land Tax Return £50
Land Registry Research Fees £8
Bankruptcy search fees £4
Landlord notice fee £60 (estimated)
Charges relating to Postage, photocopying and other expenses £30 (we communite by post as they are not local)
VAT £124.25

Total £1,186.25!!

they are the developer's recommended solicitors as we are given £500 incentive to use them. so works out that we pay around £686.25.