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solicitors fees even if falls through
continualdiamond
Posts: 2,830 Forumite
Just noticed in my contract i am yet to sign that if my purchase of property falls through the fees i pay them is based on what stage its at.
Is this the case with all solicitors or do some work on a no move no fee basis?
I got quoted £656 for basic expenses (ie company fee/searches) doesn't include additional leasehold fees that could crop up.
Should i shop around again for quotes? I've had a quick look online and am not getting any quotes close to this one. This quote involves a first time buyers discount, but im a bit afraid of the fees i may have to pay if it falls through.
Is this the case with all solicitors or do some work on a no move no fee basis?
I got quoted £656 for basic expenses (ie company fee/searches) doesn't include additional leasehold fees that could crop up.
Should i shop around again for quotes? I've had a quick look online and am not getting any quotes close to this one. This quote involves a first time buyers discount, but im a bit afraid of the fees i may have to pay if it falls through.
Mummy to two girls: October 2013 and February 2016
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Comments
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you are paying for a service, if the work has been done then someone needs to pay the bill.
I think your conveyancing bill isnt too bad tbh but its a risk you take.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Buying a house is full of charges that are not refundable if it all falls through.0
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Get a solicitor who is good rather than the cheapest. You need to have confidence in him/her. They will be worth it in the long run.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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I know someone must pay if things fall through, but basically what im asking is, do i go with this company due to the price or do i pay a bit more that has a cover in place?
I've had some quotes at like £800 with an additional £30 charge if you want protection should it all fall through, that way you dont pay them anything.Mummy to two girls: October 2013 and February 20160
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