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Online conveyancer v Local high street conveyancer

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  • aoleks
    aoleks Posts: 720 Forumite
    500 Posts First Anniversary Name Dropper
    1. that £870 + VAT sounds about right, but that's the solicitor's fee. on top of that, you pay fees for bank transfers, fees for handling your mortgage, searches, additional searches, potentially fees for gifted deposits etc.

    2. each quote is different, each transaction is different. freehold, cash buyer will be cheap, leasehold with a 95% mortgage and a gifted deposit will be a pain.

    3. solicitors either quote you a lot and then not charge for "unused items" or they quote you the lowest possible price, but charge you everything on top.
  • aoleks said:
    1. that £870 + VAT sounds about right, but that's the solicitor's fee. on top of that, you pay fees for bank transfers, fees for handling your mortgage, searches, additional searches, potentially fees for gifted deposits etc.

    2. each quote is different, each transaction is different. freehold, cash buyer will be cheap, leasehold with a 95% mortgage and a gifted deposit will be a pain.

    3. solicitors either quote you a lot and then not charge for "unused items" or they quote you the lowest possible price, but charge you everything on top.
    Thanks. 

    It is a straight forward sale of a freehold property so no searches or gift deposits and no onward purchase on my part as I will rent for a while. Sounds like £870ish +VAT is about right. 
  • TripleH
    TripleH Posts: 3,188 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    It depends on the property you're buying or selling too. A freehold house last sold 6 years ago is a different kettle of fish to a newbuild leasehold mill conversion.
    We used a local conveyancer when we bought, which was good as they had dealt with a number of properties on the estate we bought on. We used them previously because the house we were buying was in a high flood risk area but the property wasn't.
    Having said that we used a large but not local firm in our first aborted attempt, they may not have had local knowledge but then they wouldn't have made assumptions based on history (and we avoided what was a potential nightmare situation thanks to them).
    I rarely trust online review statistics (bad reviews are too easy to remove) and would only use sn online firm if I had a personal recommendation.
    May you find your sister soon Helli.
    Sleep well.
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