Solicitors quote for selling property

bozzy_2

Hi, I'm selling my house and I have been quoted £635.75. The breakdown are:-

Our Fees on your Sale will be: 500.00

IN ADDITION we will have to make a number of payments
TO THE GOVERNMENT & OTHERS including (at present rates):-

VAT on our charges 87.50
Office Copy Entries 11.00
Funds Transfer Fee (incl VAT) 35.25

Bankruptcy Search
2.00

===========
TOTAL CHARGES 635.75


Does this sounds reasonable to you? Seems a bit steep to me!!

Thanks. Boz

fivemice

I have been quoted £250+VAT for a property worth £195K.

I'd shop around.

fivemice

Oops, mine is for buying.

markusadam

ours are £638.88

£525.00 for solicitors
£91.88 for vat
£22.00 for official searches




from lisa

our property is sold for £250,000.00
and we live in north london

ashli_2

Try NBMlaw.co.uk

Pennine_2

Hi,

I have just got some quotes today actually and they are for selling:

General: £330
VAT £57.75
Copy £6.00
Transfer fee £35

So I would def shop around, does seem a bit steep!

Hope that helps

bozzy wrote:

Hi, I'm selling my house and I have been quoted £635.75. The breakdown are:-

Our Fees on your Sale will be: 500.00

IN ADDITION we will have to make a number of payments
TO THE GOVERNMENT & OTHERS including (at present rates):-

VAT on our charges 87.50
Office Copy Entries 11.00
Funds Transfer Fee (incl VAT) 35.25

Bankruptcy Search
2.00

===========
TOTAL CHARGES 635.75


Does this sounds reasonable to you? Seems a bit steep to me!!

Thanks. Boz

jennyuk

i work in a solciitors all depends how much you are selling for and wheter leasehold or freehold. also if you have a mortgage to redeem? the price you have been quoted seems reasonable to me. check they dont add anything on for redeeming your mortgage etc

Sus1e

I paid about that for buying a new property and selling the old one at the same time, so if you are doing both it sounds about right to me.

bozzy_2

Thank you. I'm selling for 138k and will use proceeds to pay off mortgage. I'm not buying another property.

Is it still reasonable??

ds1980

seems cheap to me!

fees in london have been £500 + but you have all the add ons. I expect to pay£1k for buying and £500-£700 for selling.

Mine are on the isle of wight and i pay a bit extra as they are extremely efficient and i don't have to go through a lot of the rigmarole as im a regular customer.

Might have to start looking eleswhere tho by the looks of it!

rkh001

We are selling also, and what you have been quoted sounds about right. The thing to bear in mind is that 'you only get what you pay for'. This certainly applies to conveyancing. Solicitors do quite a lot of leg work on a house sale, and it's the time that this takes that is often the issue. If you pay little, odds on you'll be one of hundreds and end up waiting for ages to get things concluded. Communication is also an issue, cheaper firms tend to have a lot less staff, and rarely make time to keep you 'in the loop' or even answer your questions.

IMHO it's worth paying for a good and efficient service......peace of mind in a house sale is worth it's weight in gold

Good luck with this !!!