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Solicitor Fees - About Right?
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anotheruser
Posts: 3,485 Forumite
I know this depends where you're buying and what property but is this right for solicitor fees?
£495+£99 - Their fee
£55 - Search/Drainage
£33 - Land Registry fee
£4 - Some other fee (couldn't hear, but it's doubled because two people are buying)
£99 - Land Registry
£30 - Bank transfer fee
£300 - Stamp duty
TOTAL: £1,115
UPDATED FIGURES:
£495 - Their Fee
£99 - VAT
£30 - Bank transfer fee
£3 - Land Registry search
£95 - Land Registry registration fee
£4 - Bankruptcy search
£90 - Local search
£55.20 - Drainage search
£300 - Stamp Duty
£1,171.12 - Total
House is £140,000
Does this include the full searches and stuff?
They're sending through a better quote in the next few hours so I'll see then.
£495+£99 - Their fee
£55 - Search/Drainage
£33 - Land Registry fee
£4 - Some other fee (couldn't hear, but it's doubled because two people are buying)
£99 - Land Registry
£30 - Bank transfer fee
£300 - Stamp duty
TOTAL: £1,115
UPDATED FIGURES:
£495 - Their Fee
£99 - VAT
£30 - Bank transfer fee
£3 - Land Registry search
£95 - Land Registry registration fee
£4 - Bankruptcy search
£90 - Local search
£55.20 - Drainage search
£300 - Stamp Duty
£1,171.12 - Total
House is £140,000
Does this include the full searches and stuff?
They're sending through a better quote in the next few hours so I'll see then.
0
Comments
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wheres the LA search?Never, under any circumstances, take a sleeping pill and a laxative on the same night.0
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The £4 will be Identity check at £2 per person0
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Local Authority , you have a price for the environmental by the looksNever, under any circumstances, take a sleeping pill and a laxative on the same night.0
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You also list 2x Land Registry ... what's the difference between them? Is one of them actually the LA search fee?0
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I think the £33 is the Land Registry search fee; the other is for if it's not registered.
They're emailing a breakdown of costs anyway, so will update the list then.0 -
Edited the figures now I've had a quote.
Strange that a quote from the same company, but different office quoted more!
It seems a lot of fees. I wonder if I said I'd pay cash, I didn't have to pay the bank transfer fee!0 -
anotheruser wrote: »Edited the figures now I've had a quote.
Strange that a quote from the same company, but different office quoted more!
It seems a lot of fees. I wonder if I said I'd pay cash, I didn't have to pay the bank transfer fee!
The bank transfer fee is to send money to the sellers solicitors/pay a mortgage off if you're selling - there is no way out of this fee, I'm afraid.
A drainage search isn't a legal requirement so you can get that knocked off the estimate, unless there are known problems in the area?
The fees themselves look really good.Currently studying for a Diploma - wish me luck
Phase 1 - Emergency Fund - Complete :j
Phase 2 - £20,000 Mortgage Fund - Underway0
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