We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What's the norm for sol fees in Scotland?
bitsandpieces
Posts: 1,736 Forumite
I'm looking to buy a property at the moment, and I've e-mailed a few solicitors for quotes. I'll be looking at places around the £150-170k mark. The first quote I've had back was £1200 (+VAT, + fees to register the property) for a £150k property. Is this normal up here? Been a while since I bought in England, but sol fees to buy were a lot lower there...
Of course, I'll be getting more quotes back in due course. This is the just the first person to respond.
Of course, I'll be getting more quotes back in due course. This is the just the first person to respond.
0
Comments
-
I would have thought nearer £900 - £1000, plus Stamp Duty of £1500....
Ask a few more. Bear in mind you ideally want a solicitor who's active in the area you're looking to buy in.0 -
Thanks - so £900-£1000, before registration fees (and stamp duty)?
I am looking for solicitors based in the city I'm buying in. I'm trying to avoid the few larger sol companies which have most of the properties I'm interested in, though, to reduce the odds of my sol also being the seller's. Does doing this make sense?0 -
bitsandpieces wrote: »Thanks - so £900-£1000, before registration fees (and stamp duty)?
I am looking for solicitors based in the city I'm buying in. I'm trying to avoid the few larger sol companies which have most of the properties I'm interested in, though, to reduce the odds of my sol also being the seller's. Does doing this make sense?
No, I would have thought £900 - £1000 all in, plus the SD, but it may differ wherever you are, so get some more quotes.
Yes, you should be using a solicitor who isn't selling the property or properties you're interested in.0 -
I'm in Glasgow and I'm (hopefully) paying £370 + Vat + land reg. Property only £50k tho. Haven't got any further than having the offer accepted but met solicitor and feel happy so far. Found them on reallymoving.com0
-
Thought I should update - asking for quotes from the firms on the local SPC got me some quotes for fees in the £500-700 mark. The cheapest firm didn't inspire confidence, but went with a firm charging well under the £1200 I was quoted. Thanks for the advice - when I buy, I'm likely to say around £600 by virtue of having shopped around :T0
-
I know its been nosy asking you these questions. But I have had dealings with property solicitors in various areas of Scotland, so I maybe able to give you the heads up for one, if I know what city your property is in.
Secondly, if it you intend to purchase an old sandstone building in Edinburgh - be warned, there is no sandstone in the area to repair the properties. The sandstone is coming from outwith Edinburgh and its not the exact sandstone as the original properties, which isn't good for the original sandstone property. There was talk that they may have to consider ripping up one of the shopping centres to access the sandstone in Edinburgh, so they can repair the old sandstone buildings....
Good luck with your purchase.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards