Selling House - Soicitors Fees

janmolby

I'm in the process of buying a new house and part exchnging mine with the developer. This is my first house sale as when I bought this house I was a FTB. I've just had a quote from the solicitor on how much the conveyacing costs will be and this is what confuses me:

According to the quote, they're going to charge me approx £500 for buying the new house (expected that) and approx £500 for selling my current house to the developer (totally unexpected!).

Can this be right and is it normal? Do I have to pay the solicitor extra to sell my house?

Doozergirl

In a word? Yes.

Price sounds about right too! My solicitor charges £400 + vat = £470 buying or selling.

Oops! Forgot searches. :doh: We pay £220, up front when buying. No searches when selling, so no cost.

cedge

2 different processes buying and selling hence why 2 sums.

Slider

Sounds right.

I always seem to pay around £1500 to "buy and sell".

Buy £450
Sell£550
Searches, photocopies, coffee's, christmas party fund another £500

shykins

yes there is 2 different fees but many solicitors will offer u a package

where i work we charge £750 for buying and selling or £395 for one or other.

dont forget u will have search fees, stamp duty and land registery etc on top of those charges

HTH

rchddap1

At the end of the day the solicitor has to do some work to actually do the legal bit of 'selling' and 'buying'. Hence they charge you for their time.

jalowes2002

That sounds about right to me. Have just got my conveyancing bill and was about that price.He has done a great job too at that price, very thorough.

janmolby

Thanks everyone. I just assumed that the cost of selling would be picked up by the developer but I guess that there is a level of overlap. Thanks again