Is this conveyancing fee too high?

_pete_

I've just been quoted £1900 by a well respected local solicitor to handle the sale of my current home, and purchase of a new property.

The fee seems high, but it's 18 years since I last moved house. Is it too much?

marliepanda

Does that include stamp duty?

I paid about that for just a purchase (inc stamp duty) so I!!!8217;d say that was a good deal.

Without stamp duty I have no idea. Compare a few quotes to get a feel for the market

TamsinC

for a purchase AND a sale that seems good

I paid £750 for my sale and £1000 for an abortive purchase (that would have been £1345 had I completed) all without Stamp Duty

need_an_answer

Depends what you get for your money.

Are you buying leasehold or selling leasehold are disbursements included in that figure.

Is the solicitor good and come with great recommendations to give you a speedy well constructed service. I have been known to pay a little more in the past for a very thorough solicitor who left nothing to chance and chased and updated regularly

At this point without seeing the rest of the quote its hard to establish whether the end figure is realistic.

GoingOn30

Shop around and get some quotes from other local solicitors.
I understand that property transactions are hardly at an all time high at the moment so prices should be quite competitive.

G_M

No information provided so cannot comment!


* buying, selling or both?
* freehold or leasehold?
* acting for mortgage lender or not?
* quote includes what?

_pete_

Many thanks for the replies. Here's how the quote breaks down:

Sale Quote (freehold property)

Legal Fees £575.00
VAT on Fees £115.00
Anti-Money Laundering search £4.16 (per person)
VAT on Anti-Money Laundering search £0.83

Land Registry Documents £10.00
Total £704.99

Purchase Quote - Freehold property

Legal Fee £700.00
VAT on Fees £140.00
Bank Transfer Fee £35.00
VAT on bank transfer fee £7.00

Search Pack (Coal, Drainage, Environmental & Local Authority) £165.00
Bankruptcy Search £2.00 (per person)
Land Registry Search Fees £3.00
Index Map Search £4.00
Land Registry Registration Fee £135.00
Stamp Duty £TBC*
Total £1,191.00 + Stamp Duty

glentoran99

sounds about right

Tiglet2

That looks pretty standard to me and it's a lot less than most EAs charge.

G_M

575 & 700 are by no means excessive.

hazyjo

Similar to what I paid - think it was £1800-ish for similar services.