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Solicitors Fees

crowy68
crowy68 Posts: 42 Forumite
in House buying, renting & selling
Hi All,
Just would like a rough estimate on how much we should be paying in conveyancing fees for the sale of a house at around 140,000 and buying a house at 190,000, in layman terms please .....haha
Thanks

Comments

  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    Legal fees aren't calculated on the value of the properties but on the complexity of the transactions. If you budget for £1500 you might have some left over. Depending on what the searches turn up
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Freehold or leasehold?
    Mortgaged or not?
    Registered or unregistered?
    With or without all proper certificates, BRs, PP etc?
    Any covenants on either property?
    etc.
    etc.
  • crowy68
    crowy68 Posts: 42 Forumite
    Freehold
    Mortgage
    ??
    ??
    ??
    Etc
    Etc
  • eddddy
    eddddy Posts: 18,553 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    crowy68 wrote: »
    Hi All,
    Just would like a rough estimate on how much we should be paying in conveyancing fees for the sale of a house at around 140,000 and buying a house at 190,000, in layman terms please .....haha
    Thanks

    Just phone or email a few conveyancing solicitors with this question. In my experience, they always have a scale of estimated costs and disbursements.

    They will just cut and paste the right numbers into a standard letter and email it over to you. (In my experience, solicitors don't then hound you for the business, like double glazing salesmen would - if you're worried about that.)

    If there's anything you don't understand, phone them and ask. If they are unfriendly or unhelpful, cross them off your list.
  • Malmo
    Malmo Posts: 710 Forumite
    Part of the Furniture Combo Breaker
    You'd be well advised to read [URL=" https://forums.moneysavingexpert.com/discussion/4767543this useful and informative MSE thread[/URL] on how to choose a conveyancing solicitor, before you do anything.

    Then read this article to understand what "good" looks like for quotations and what to expect from a good quotation.
  • ACG
    ACG Posts: 24,966 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    £800-1000 + stamp duty... as a ball park.
    You can probably find cheaper firms and likewise im sure there will be more expensive firms.

    If you do not have all of the certificates (for things like extensions, loft conversions etc) then you may need some sort of indemnity insurance. Likewise if you are buying in a place liable to chancel repair you may need/want an insurance policy for that... but in 3 year of being a broker its not something I have come across.
    I am a Mortgage Adviser
    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.
  • Loopy28
    Loopy28 Posts: 463 Forumite
    I was selling a leasehold property and buying a freehold house. Most quotes I got including searches was around £1800
This discussion has been closed.
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