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Conveyencing costs
jojoxxx2001
Posts: 25 Forumite
Hi
My daughter is buying an ex local authority flat in the west midlands for 60,000 pounds.
We are using the solicitor we used 7 years ago so didn't ring around or quotes
She is a first time buyer
They have quoted £440 for their costs so plus the VAT and searches etc it's £770
This seems high to me or is this average just for buying?
Thanks for any info
Jo
My daughter is buying an ex local authority flat in the west midlands for 60,000 pounds.
We are using the solicitor we used 7 years ago so didn't ring around or quotes
She is a first time buyer
They have quoted £440 for their costs so plus the VAT and searches etc it's £770
This seems high to me or is this average just for buying?
Thanks for any info
Jo
0
Comments
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Seems reasonable to me but it varies from area to area, why not make some calls and get quotes now? Does your daughter understand all the implications of purchasing a leasehold flat, particularly an ex local authority? Does she understand how much major works can cost if the council is minded to improve the building in a few years?
http://www.lease-advice.org/publications/Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0 -
Seems reasonable to me. In fact I am quite envious.0
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Am getting charged in total £430 for just selling not am not buying anythingWin's of 2014 so far-Maxfactor mascara, £50 Pizza Express Voucher, Dr Oetker Pizza, Nuby sippy cup :j:beer:0
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My daughter is buying an ex local authority flat in the west midlands for 60,000 pounds.
We are using the solicitor we used 7 years ago so didn't ring around or quotes
She is a first time buyer
They have quoted £440 for their costs so plus the VAT and searches etc it's £770
This seems high to me or is this average just for buying?
Sounds very cheap - will they have time to explain things properly?
For instance:Does your daughter understand all the implications of purchasing a leasehold flat, particularly an ex local authority? Does she understand how much major works can cost if the council is minded to improve the building in a few years?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 -
I've just had to ring a few solicitors where I live for quotes and they all said the top £700s so that sounds average to me.0
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Good price that, i'll be paying £791.0
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Thanks everyone seems about right then :-)0
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Are local authority leases typically more problematic than other lease types?0
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Ha! The cheapest in Macclesfield was £1040! Found a firm in Leigh who cover Cheshire and got it for £740...so happy with that.First Time Buyer: Mortgage Offered, Searches complete, Exchanged 21/12/2012, Completion 04/01/2013! :beer:0
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