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Higher conveyancing fees?
Maggies57
Posts: 4 Newbie
Are solicitors charging higher fees because of the plethora of business being created by the stamp duty holiday. It’s hard enough trying to find a solicitor who can take on a conveyance, without being quite frankly extortionate fees for a sale. Over £1700 just for a sale seems to be way up on a quote for a similar job, which was £750 three years ago. Has it really gone up that much? Would welcome advice on this. Would prefer to use a real life law firm rather than an online conveyancer but, for what should be a straightforward apartment sale, that quote and others received seem so high.
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Comments
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Yes, lots of them are snowed-under at the moment and it wouldn't be surprising if they are putting fees up0
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Exactly what was included in the £750 price? Only I sold 8yrs ago & certainly paid a lot more than that, in fact the figure was closer to the £1700 you also mention.
When working out solicitor conveyancing costs the price to pay particular attention to on the quote is the actual legal fee that is being charged by the solicitor, all other amounts listed will be pretty standard no matter who you use, but the actual legal fee charged can vary by £hundreds even with solicitors in the same locality.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
What always amazes me is how little solictors charge, given the extensive training and qualifications required.Compare that to estate agents - zero/minimal training or qualifications - and they can charge eg 2% of £500K = £10,000 for the same property sale....1
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