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Purchase and Sale solicitors fees - fair?
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g0009348
Posts: 109 Forumite


Hello, I’m currently looking to appoint a Solicitor for conveyancing work on a Sale and purchase. The sale price is 225k and purchase 325k. The properties are free hold and there is a mortgage involved.
The first quote I have received is £2400 inc Vat. Is that a good benchmark as it seems excessive to me.
Thanks
The first quote I have received is £2400 inc Vat. Is that a good benchmark as it seems excessive to me.
Thanks
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Comments
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What does that figure include?
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Hello, it’s for the above
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When I was looking, I was getting fees around this mark, but managed to get one down to about £2,000 by just asking them if they could drop the price a bit and they did.0
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have you got at least 2 other quotes to compare with? Don't base it one just one quote"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
I dislike conveyancers who charge extra for SDLT submission - it should be part of the basic fee.Archiving fee? Why?No idea what track a matter is but if it's some sort of online monitioring system this should also just be part of their basic fee.The basic fee of around £500ish each is reasonable.All the 'additional' fees are outsie their control and willbe the same wherever you go.0
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Thanks. So I should assume the additional charges that will make it easier to compare quotes. I’ll check the fees and other charges in the sale and purchase section0
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g0009348 said:
The first quote I have received is £2400 inc Vat. Is that a good benchmark as it seems excessive to me.1 -
I think it was the mortgages fees which weren’t discussed when I was talking to the solicitors, only when the quote was emailed. I’ll see how the other quotes come through0
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g0009348 said:I think it was the mortgages fees which weren’t discussed when I was talking to the solicitors, only when the quote was emailed.
But however they want to split it, as long as you are comparing the bottom line fee, that's all that really matters.0 -
Their fee is actually £1632 + VAT. The rest consists of disbursements, such as search fees.
I checked what the charges would be from the solicitor that has helped me quite a few times over the last 20-30 years. His fee would be £1200 + VAT. He does not charge for 'arranging a bank transfer', but he does pass on any bank CHAPS fees (typically £30). He'd also pass on the same disbursements as the other quote. HTH
No reliance should be placed on the above! Absolutely none, do you hear?1
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