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Upfront Solicitor Fees - How Much?

s_glover
Posts: 653 Forumite

We are currently getting a few quotes for conveyancing and have asked how much we would be expected to pay upfront.
For the sales quotes, one quote states £50 upfront and another £250.
Both quote £350 upfront of a purchase to cover searches.
Do these sound reasonable / usual?
Just want to be cautious as we obviously want to minimise being out of pocket if the sale /purchase fall through.
For the sales quotes, one quote states £50 upfront and another £250.
Both quote £350 upfront of a purchase to cover searches.
Do these sound reasonable / usual?
Just want to be cautious as we obviously want to minimise being out of pocket if the sale /purchase fall through.
0
Comments
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We paid £350 for sale and purchase.
Edit to add: if the sale falls through you will be charged for the solictors time up to that point which you will need to pay regardless of what you paid up front.0 -
The solicitors have given us a breakdown of the % costs which would be due at each stage of the process. This seems reasonable to me.0
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Both seem fine to me, just different ways of working. What you want to know is how much the overall is likely to be, and how reliable they are.0
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Nothing unusual in those advance payments.
But you do understand that if the sale/purchase falls through, you will be billed for the work done up to that point? (unless of course you've negotiated a 'no sale no fee' contract).
If your advance payment exceeds the billed amount, you'll get a refund.
If your advance payment does not cover the billed amount, you'l be charged the extra.0 -
As others have said, upfront fees sound reasonable.
I have a fixed fee quote for selling only (a probate property) & have paid the £50 upfront fee requested.0 -
[FONT=Verdana, sans-serif]£250 on account for the sale is high, the only immediate disbursement I was charge for was £6 for the title copy.[/FONT]0
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I've been asked to pay £250 up front for disbursements as well (with only £6 actually quoted for these) but this will obviously be knocked off the total quoted of £600+VAT for a sale only.0
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