We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Solicitor Initial Cost
Frayzr
Posts: 1 Newbie
Hello, first time posting in the forum here.
im currently buying a house and have found a converyancing solicitor, but they say that before they proceed they would need a payment of £300 to cover initial costs and disbursements. Is this a standard thing to happen? and if so, is that included as part of the original quotation or is it an additional charge they haven't stated on the quotation?
Any help is appreciated.
im currently buying a house and have found a converyancing solicitor, but they say that before they proceed they would need a payment of £300 to cover initial costs and disbursements. Is this a standard thing to happen? and if so, is that included as part of the original quotation or is it an additional charge they haven't stated on the quotation?
Any help is appreciated.
0
Comments
-
Yes it is standrad and yes it will be part of the original quote so taken into account when you receive your 'Completion Statement'.0
-
Yes, its normal. They will have money to pay out to progress your sale. It's to make sure they are not out of pocket.0
-
It's to cover the cost of the searches and is standard requirement with conveyancing. It just means you have £300 less to pay when it's time to hand over the deposit, remaining legal fees and and stamp duty.Mortgage started 2020, aiming to clear 31/12/2029.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards