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Can you haggle with solicitor for conveyancing?

hieveryone
Posts: 3,858 Forumite


Hi all,
Partner and I are looking to buy a house. It is significantly bigger/more expensive than our current one and so the solicitors fees/stamp duty are coming in at about £4000 :eek:
Can you haggle with the solicitors for their part of the fees at all? Don't want to phone up and sound like a fool!
Thanks in advance!
Partner and I are looking to buy a house. It is significantly bigger/more expensive than our current one and so the solicitors fees/stamp duty are coming in at about £4000 :eek:
Can you haggle with the solicitors for their part of the fees at all? Don't want to phone up and sound like a fool!
Thanks in advance!
Bought is to buy. Brought is to bring.
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Comments
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Yes, but I'd go in and do it face to face.
Shop around first so you have comparisons to quote.
When shopping around, watch out for hidden extras. Read:
http://www.theadvisory.co.uk/conveyancing-quote.php0 -
Yes - in my experience you can.
Or rather, not exactly haggle but you can let them know you are getting quotes/ estimates for the work from a number of solicitors.
I did this some years ago - and while one was surprised - others did not bat an eyelid.
Good luck.arghhh!!!0 -
If there is anything about your situation that you think will mean less work for the solicitors (e.g. you don't need a mortgage) then be sure to mention this when haggling.0
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Thanks all.
The fee he has given me he has offered to 'cap' at just shy of £4k. I assume I would get this in writing so that no other fees can be added?
Plus points?
- it is one of the 'recommended' solicitors from the builder?
- it is a new build property - no onward chain? (not sure if that is a bonus?)
- we won't need home report etc as the builder of new house is doing it all - estate agency fees etc.
We do need a mortgage and will be using a broker for this.
Can't really think of anything else that would go in our favour really?
Bought is to buy. Brought is to bring.0 -
hieveryone wrote: »Thanks all.
The fee he has given me he has offered to 'cap' at just shy of £4k. I assume I would get this in writing so that no other fees can be added?
Plus points?
- it is one of the 'recommended' solicitors from the builder?
- it is a new build property - no onward chain? (not sure if that is a bonus?)
- we won't need home report etc as the builder of new house is doing it all - estate agency fees etc.
We do need a mortgage and will be using a broker for this.
Can't really think of anything else that would go in our favour really?
Don't use the builders on, trust me I regret it and myn was a well known solicitorsDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0 -
Don't use the builders on, trust me I regret it and myn was a well known solicitors
Thank you - and I have read this before. However, I live in a pretty small town and the list of 'approved' solicitors is pretty substantial, so not leaving me with many options out with it!
What made you regret it?
Bought is to buy. Brought is to bring.0 -
Given that you can't haggle on the Stamp Duty, what is this amount, or what is the remaining solicitor fee after you deduct the SD from the £4000 ???0
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hieveryone wrote: »Partner and I are looking to buy a house. It is significantly bigger/more expensive than our current one and so the solicitors fees/stamp duty are coming in at about £4000 :eek:
Can you haggle with the solicitors for their part of the fees at all? Don't want to phone up and sound like a fool!
Majority of costs and disbursements are fixed. The solicitors fees make up a relatively small part of the total bill.
Don't haggle for a smaller fee then endlessly hassle your solicitor during the transaction. As it could come back to bite you.0 -
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£1,850 for legal costs for a purchase alone? Nothing to sell?
That's a lot for a £215,000 purchase. I'd expect about £650 + VAT + disbursements or around £1,200 to £1,300 in total.
For the difference, you could get a chauffeur driven limo to one of the firms we use in the Midlands and still have some change left over...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
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