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!

Solicitor Fees, Abandoned Purchase - Pay Fees OR Challenge Fees?

2»

Comments

  • user1977
    user1977 Posts: 18,354 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    About a third of the fee for a completed transaction seems fair enough really. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Pay Fees
    tony1997r said:
    Was the down payment to cover the search fees?  These are disbursements not fees. 
    They stated in the initial terms before commencement that the down payment was to cover administration costs.

    In their final quote for the abortive purchase, the search fees are listed separately from their professional costs.

    The majority of the fees in the invoice quote was relating to professional costs which I can only presume is the administration time that was involved.
    Search fees are required to be paid at the outset. Did you pay for these separately?  How much were the search fees? 
  • tony1997r said:
    Was the down payment to cover the search fees?  These are disbursements not fees. 
    They stated in the initial terms before commencement that the down payment was to cover administration costs.

    In their final quote for the abortive purchase, the search fees are listed separately from their professional costs.

    The majority of the fees in the invoice quote was relating to professional costs which I can only presume is the administration time that was involved.
    Search fees are required to be paid at the outset. Did you pay for these separately?  How much were the search fees? 
    Search fees quoted at just under £100 on the final abortive costs invoice.

    The only fee that I have paid so far was the £250 initial down payment.

    The only fee that I still have to pay is said to be a further £250 to cover the final costs as per the final abortive costs invoice.

    The cost of the search fees has been included in the invoice.
  • aoleks
    aoleks Posts: 720 Forumite
    500 Posts First Anniversary Name Dropper
    Pay Fees
    You can’t challenge anything. Besides, £500 for the whole shabang (just bedore completion means everything was done except for the most simple step of the process) is extremely cheap. Most solicitors charge pro-rata, so it should’ve been in excess of £1000.

    pay your fees and move on.

    next time, get home buyer’s insurance, it covers you for such events.
  • Pow11890
    Pow11890 Posts: 155 Forumite
    100 Posts Second Anniversary Name Dropper
    Pay Fees
    Pay the fees. 
  • GDB2222
    GDB2222 Posts: 26,493 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 6 January 2022 at 9:55AM
    tony1997r said:
    tony1997r said:
    Was the down payment to cover the search fees?  These are disbursements not fees. 
    They stated in the initial terms before commencement that the down payment was to cover administration costs.

    In their final quote for the abortive purchase, the search fees are listed separately from their professional costs.

    The majority of the fees in the invoice quote was relating to professional costs which I can only presume is the administration time that was involved.
    Search fees are required to be paid at the outset. Did you pay for these separately?  How much were the search fees? 
    Search fees quoted at just under £100 on the final abortive costs invoice.

    The only fee that I have paid so far was the £250 initial down payment.

    The only fee that I still have to pay is said to be a further £250 to cover the final costs as per the final abortive costs invoice.

    The cost of the search fees has been included in the invoice.


    So, to be clear, the bill you have received is roughly 

    Search costs £100
    Solicitor fees £330
    VAT                £70

    The £330 probably covers a couple of hours spent on the job. How long do you think it should have taken?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • Tiglet2
    Tiglet2 Posts: 2,691 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Pay Fees
    Pay the Fees

    The solicitor has done a significant amount of legal work on a transaction that was aborted.  Unless you had some insurance policy with the solicitor to cover any abortive fees, then you should pay them for the work they have done.

    As an aside, your search fees seem incredibly cheap.  Most search packages comprise the Local Search, Water & Drainage and Environmental (plus usually a Chancel Repair Indemnity Policy), which can be in the region of £250-£300.  Solicitors need this money upfront in order to obtain the searches and once the money has been spent, it is not possible to reclaim it.  
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.