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Conveyancing is this an expensive quote?

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Comments

  • kingstreet
    kingstreet Posts: 39,315 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They are only charging you £350 + £30 + VAT the rest are external costs - you'll be lucky to get cheaper than that for a real life solicitor.
    Nit picking, but the fee is actually £450 + VAT as the completion of the SDLT form and acting for lender (shown on page two) should be part of the fee, rather than separately listed.

    Reasonable, unless they come up with a load of unexpected costs at completion, as a few solicitors do.
    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.
  • Ah yes didn't see that, it's still a bargain and I think conveyancing fee's as are generally very low for professional services.

    What needs to happen to improve the process as a whole is to automate the searches more and stop using snail mail.
  • Sally22_2
    Sally22_2 Posts: 677 Forumite
    Doesnt seem bad especially as that figure includes the Stamp Duty payment!

    Ive just paid £1893 including all searches etc but I didn't have any SD to pay...probably a bit on the high side but he has been excellent and my family have used the same solicitors on a few other house purchases/sales so I knew they were good.
    Slimming World Member - Started 05/02/15

  • FTBSOS
    FTBSOS Posts: 150 Forumite
    So I spoke to them and they said whilst the are cheaper out there, the service they provide is quality, plus there's services such as online tracking which I can use.

    I also managed to get them to agree on a 'fixed' price so there won't be any nasty surprises along the way.
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