Solicitors fees when buying

SamBG911

£1,000 to £2,000 should be fine. There are solicitors who will do it for £500 but you get what you pay for and in MY opinion you are better off spending more to make sure the transaction goes through correctly and ASAP. I have 12 years experiance in property.

DVardysShadow

Jeffrey_Shaw wrote: »

The largest disbursement (if applicable) is always SDLT.

Agree. SDLT [Stamp Duty Land Tax] is a disbursement. Fillling in the SDLT form is not.

G_M

Are you getting a mortgage? Conveyancing fee may include dealing with this, or may be an extra.

See here for more detail on comparing conveyancing quotes.

Jeffrey_Shaw

DVardysShadow wrote: »

Agree. SDLT [Stamp Duty Land Tax] is a disbursement. Fillling in the SDLT form is not.

True; but it is a major pain in the ****.

G_M

Jeffrey_Shaw wrote: »

True; but it is a major pain in the ****.

Maybe you're doing the wrong job then? Most jobs have elements that are boring/frustrating/whatever. But if it's part of the job then charging extra for it is just taking the XXXX.

Jeffrey_Shaw

No, you misunderstand. The SDLT1 form is particularly technical and even minor/insignificant errors lead to its rejection.
The form's details can be submitted online if the transaction is a simple purchase of whole, however.

G_M

No misunderstanding.

The SDLT form is not optional. The tax itself, as DVardyShadow explained above, is a disbursement (payable to a 3rd party in this case HMRC). Completing the form, however, is part of the conveyancing process. It is mandatory. It may be, as you say, " a major pain in the ****", and you're right, it is technical (though not in most cases beyond any reasonably intelligent/educated individual).

But as I said, "charging extra for it is just taking the XXXX."