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help Solicitors fees

esims84 Avatar
9y, 8m agoPosted 9 years, 8 months ago
we put an offer on a house and we now need a solicitor we been quoted £1030 is that a good price?
esims84 Avatar
9y, 8m agoPosted 9 years, 8 months ago
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#1
It depends on where you are (e.g. London? the back of beyond?). Alos, what exactly is included in that price?

The best way to see if you're getting a good deal is (as you should always do) to get more than one quote.
#2
i live in staffordshire and the price quoted is for anything like the searches etc
#3
We just paid £1070 + stamp duty in Kent.

Ring around and see what they offer for the money. We found there's not a lot of difference in what the different solicitors charge but what they offer for the money can differ.

They should be happy to break the costs down for you.
#4
thanks for you help, i will email some and get some quotes
#5
it usually dependss on the price of the property too
#6
To buy and sell we were about 4.5K (including stamp duty and I think estate agents).

First time we moved bill came to about 1K (buying fees only).

I think you can get conveyancing firms for about £600, but then you don't get the security of a lawyer.
#7
I used Abode Conveyancing when I bought house last summer. They were 300 quid or so cheaper than local solicitors.
#8
ask the estate agent that you are buying from as they sometimes have in house solicitors and give money off.
#9
jules69
ask the estate agent that you are buying from as they sometimes have in house solicitors and give money off.


thats who we got the quote from, think we gonna stick with them, as we dont have time to look for another as we just had are offer accepted.

Thanks everyone for their advice.
#10
I'm in the process of purchasing a flat now, and the solicitors fees are £695.00+VAT by themselves.

In addition to that are all the fees for searches & surveys etc and of course stamp duty.

For a £187,000 flat, we paid (Inclusive of all charges & taxes) £3010.00, of which £1,870 was stamp duty, if that helps at all?

Good luck with it all!
[admin]#11
We paid 1% (of the house value) fees on our current house but it varies depending on location, property type / value etc. Phone around :)

Local estate agents (rather than larger chains & banks) Tend to be more locally competitive.

Make sure you check any small print before signing up- a lot of estate solicitors have hidden fees for things like "Holding of Deeds" etc....
#12
i think we got a good price then, we have to go and talk to the estate agents and see what we are paying for. We dont need to pay stamp duty luckly.

thanx everyone.
#13
esims84
i think we got a good price then, we have to go and talk to the estate agents and see what we are paying for. We dont need to pay stamp duty luckly.

thanx everyone.


no stamp duty? how does that work? buy to let?
#14
you dont need to pay stamp duty if the house is under £120.000
#15
esims84
you dont need to pay stamp duty if the house is under £120.000


I thought it was £125k? - i'm only quoting an article that I read on the bbc website earlier today...
http://news.bbc.co.uk/1/hi/business/6464783.stm

As for conveyancing - don't forget - you're not limited to local conveyancers, you can choose any conveyancer in the country or on the web - there are plenty to choose from. As said above - the cost will also reflect the price of the property that you're buying.

On a similar subject, once you have chosen your conveyancer/solicitor, you will probably need to be on the phone to them every 5 mins to make sure they are moving your transaction alond as quickly as possible as they do like to take their time!!!
#16
jayhab
I thought it was £125k? - i'm only quoting an article that I read on the bbc website earlier today...
http://news.bbc.co.uk/1/hi/business/6464783.stm

As for conveyancing - don't forget - you're not limited to local conveyancers, you can choose any conveyancer in the country or on the web - there are plenty to choose from. As said above - the cost will also reflect the price of the property that you're buying.

On a similar subject, once you have chosen your conveyancer/solicitor, you will probably need to be on the phone to them every 5 mins to make sure they are moving your transaction alond as quickly as possible as they do like to take their time!!!


your right it is 125k
#17
sounds a rip off to me..as are most solicitors IMO....have you considered doing it yourself?...I know someone who has done it and he had no problems...he bought a guidance pack from somewhere and I think he had to use a solicitor for the finance side of the procedure because that was what the mortgage lender demanded.
#18
Hi, pm me your details i.e area, price etc and I will give you a very competative quote - I'm a property lawyer.
#19
fireheaven
Hi, pm me your details i.e area, price etc and I will give you a very competative quote - I'm a property lawyer.


i'll remember that for future ref... There should be a thread listing all the experts on the board.
#20
stamp duty is going to be imposed on purchase of properties above £150k, my girlfriend is a trainee solicitor she could give you a quote if you wanted? she works for [url]www.templeheelis.co.uk[/url] also a pic of me on there from when i did a half marathon for charity if anyone wants a giggle,

very competetive prices also lol
#21
we going to stick with the one we got a quote for, as its local. thanx everyone for your help.
#22
Yes I've noted fireheaven should I move house...wonder if there's quidco cashback and any discount vouchers??
#23
yeh its £150000 depends on the location aswell as how they charge for their fees so you shouldnt be paying extra get them to break down costs, vat, disbursements and searches, it should not cost much in searches unless the property has lots of easements etc (im a lpc student)

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