We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Solicitor's fees - do these fees seem reasonable? EA's recommended solicitor v local
zara*elise
Posts: 481 Forumite
Had a quote from our EA's recommended solicitor. They work closely with the agent, are based next door and have been in business for a year or so. They don't charge legal fees on failed exchanges.
Are these fees reasonable?
Sale of our property at £192k:
Legal fees £595.00 plus VAT
Telegraphic Transfer fee £35.00 plus VAT
ID checking fee £12.00 plus VAT
Office Copy Entries £8.00
Total inc VAT: £778.40
Purchase price will be £260k max:
Legal fees £595.00 plus VAT
Telegraphic Transfer fee £35.00 plus VAT
Stamp Duty filing fee £75.00 plus VAT
Land Registry fee £280.00
Land Registry searches £8.00
Local Authority searches £115.30
Water, Enviro & GroudSure searches £122.40
Plus whatever stamp duty will be.
Are there any other costs that are likely to be added?
Thanks!
Are these fees reasonable?
Sale of our property at £192k:
Legal fees £595.00 plus VAT
Telegraphic Transfer fee £35.00 plus VAT
ID checking fee £12.00 plus VAT
Office Copy Entries £8.00
Total inc VAT: £778.40
Purchase price will be £260k max:
Legal fees £595.00 plus VAT
Telegraphic Transfer fee £35.00 plus VAT
Stamp Duty filing fee £75.00 plus VAT
Land Registry fee £280.00
Land Registry searches £8.00
Local Authority searches £115.30
Water, Enviro & GroudSure searches £122.40
Plus whatever stamp duty will be.
Are there any other costs that are likely to be added?
Thanks!
Foreign politicians often zing stereotypical tunes, mayday, mayday, Venezuela, neck
0
Comments
-
Looks very average. I would get a couple more quotes for your own peace of mind.0
-
Thanks! Just unsure as they phoned after our EA passed details on.Foreign politicians often zing stereotypical tunes, mayday, mayday, Venezuela, neck
0 -
From Solicitors I know, that is about average and what I would expect to pay0
-
Not unreasonable overall - but why do they charge extra for filling in the SDLT form? Why can't they include it in a (higher) basic fee?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 -
Sounds about right, but as it was recommended by the Agent I would shop around first.0
-
We're paying £400 plus vat for a sale only (cost of home that we're selling, which I know makes a difference, is £280k). That wasn't the cheapest either. We did have a quote of £360 + vat but it turns out there was a conflict of interest, so we couldn't use him.0
-
With a bit of shopping around you should be able to trim about £150 off those costs.
Note what Richard has said. The firms I use most regularly are the ones who include the costs in their single fee and don't list loads of add-ons, only the disbursements.I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Thanks everyone. The solicitors we used when we originally bought the house are 90 miles away, however we're getting a quote from them too. Have had a look around at other local firms. One 'is equipped to provide the new Home Information Pack necessary in modern conveyancing.' :eek:Foreign politicians often zing stereotypical tunes, mayday, mayday, Venezuela, neck
0 -
The fees appear to be about average, but , as Richard says, the SDLT charge should not be shown separately. Do shop around, and also ask friends and work colleagues for recommendations.0
-
Richard_Webster wrote: »Not unreasonable overall - but why do they charge extra for filling in the SDLT form? Why can't they include it in a (higher) basic fee?
Was just wondering what the benefit of having it included in the basic fee would be?Foreign politicians often zing stereotypical tunes, mayday, mayday, Venezuela, neck
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards