Solicitor fees

Dan-Dan

Deleted_User wrote: »

The fee without disbursements is £625 so I still win.

The figure of £2500 was totally irrelevant

[Deleted User]

Dan-Dan wrote: »

The figure of £2500 was totally irrelevant

I don't know, their online calculator was playing up. But £625 still cheaper than £780.

Saria

I don't mind paying a bit more if it means they are good, I imagine the differences in price would be marginal between different solicitors in my area.

They even said in their email: "My firm does not aspire to be the cheapest with regard to fees as quality comes at a price however our service represents good value for money."

I just wanted to know if this price is what I can expect, as I have no clue what is normally included in their fees etc.

elverson

That's similar to our solicitors fees (recent FTB). At first I thought the total was high but then saw it includes the Stamp Duty.

Do check that they can handle the Help to Buy process though.

Newbiebuyer2016

Why don't you ring round a few solicitors to get quotes?

We rung 4 recommended ones. One was on holiday for 2 weeks so we didn't have that time to waste, 2 quotes were identical and 1 was £200 cheaper and they realised they knew us and applied a discount.

They will all email quotes with the bits you mentioned then you can see if anyone has left anything out.

anto164

We have just completed, and our solicitors included the below as line items;

Pali Limited – search pack fee
HMRC- Land Transaction Tax
HMRC- online submission fee
RBS bank fee
HMLR – registration fee
HMLR- search fees
Solicitors – charges & VAT

That all came out at around £2200, that included the stamp duty of £1380. We got a small deduction as i knew someone who worked there, but really, the deduction was only £120.

If you shop around, you can get good quality conveyancing / solicitors services for a good price. Lots cheaper than the EA fees of £1500, excl duty and fees.

G_M

It looks reasonable.

I don't generally approve of the Stamp Duty Land Tax Administration Feebeing listed separately as it's part of the job so should be included in the basic fee - some conveyancers hide it as an extra in the small print to make their basic fee look smaller.

However in this case it's not hidden, and still a reasonable overall cost.

Check that the following are included:

* dealing with lender if you are getting a mortgage
* solicitor is on lender's panel (again if a mortgage)
* dealing with lease, and freeholder, if property is leasehold

These might add to the cost

moneycantbuyyouhappiness

We are being charged £50 each plus VAT for administration of the HTB ISAs.

Waldorf_Statler

Just chipping in, but don't go purely on price.

I've done that to my detriment and I can attest that in life you often get what you pay for. A cheap conveyancing "shop" I used made a complete mess of a transaction, so the next time I based my decision on reputation rather than price.

A few quid is neither here nor there when you are spending £245k on your house. It's a stressful enough process as it is without adding to that by having to deal with a bunch of incompetents who are supposedly acting in your interests.

Ask around your acquaintances and see if you can find a local solicitor with a good reputation.