solicitors fees for selling a house - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

solicitors fees for selling a house

£0.00 @
I just agreed a fee to sell my house, the solicitor gave me a quote of £1022 fixed price, is that the norm? I expected it to be in the region of £300-£600 This is only for selling the house as I… Read More
hassony Avatar
7y, 5m agoPosted 7 years, 5 months ago
I just agreed a fee to sell my house, the solicitor gave me a quote of £1022 fixed price, is that the norm?

I expected it to be in the region of £300-£600

This is only for selling the house as I am not buying a house
hassony Avatar
7y, 5m agoPosted 7 years, 5 months ago
Options

All Comments

(32) Jump to unreadPost a comment
Comments/page:
#1
Thats a great fee!

Oh hold on.. I read that as the worth of your house is £600,000?

The fee should be a small percentage of your home's value between 1 and 3 %

I'd snap up a fee of 1k xx
#2
Sounds about right.
[mod]#3
Seems about right. Have you completed a Home Information Pack or was the property not on the open market?

Those costs should include:

Home Information Pack which consists of all the required and potential authorised documents that you will need. Eg. Local Authority search, Energy Performance Certificate, Water & Drainage Search, Office Copy Entries.

They will also have charged between 450-650+vat for the legal fees and then any bank fees for repaying your existing mortgage or transferring the proceeds of sale back to you.
[mod]#4
ClarityofMind
Thats a great fee!

Oh hold on.. I read that as the worth of your house is £600,000?

The fee should be a small percentage of your home's value between 1 and 3 %


I think you are getting confused with the estate agents commission fee which, as you correctly say, is usually between 1 and 3% :)
#5
magicjay1986
I think you are getting confused with the estate agents commission fee which, as you correctly say, is usually between 1 and 3% :)


Oh yes, I am :) Thank you hun :thumbsup:
[mod]#6
ClarityofMind
Oh yes, I am :) Thank you hun :thumbsup:


Thats alright petal. Hope you are well x
#7
magicjay1986
Thats alright petal. Hope you are well x


Yes, thank you :) Am making dinner! So am a bit out of sync! :) xx
#8
yup, around 1050 on average is the going rate.
[mod]#9
samwants2save
yup, around 1050 on average is the going rate.


There is not necessarily a "going rate" as it is determined on plenty of factors. Value of property, existing mortgage(s), leasehold/freehold, area of local authority etc.
#10
We paid £692 in April for buying

Depends what the have charged for
banned#11
that seems a bloody lot to me
[mod]#12
sassie
that seems a bloody lot to me


It shouldnt do. It is reasonable as long as they HAVENT already paid for a Home Information Pack.
#13
Sold and bought a flat and was around £1200 for both! Sounds like alot!
banned#14
These people are cheap for HIP's and solicitor's:-

http://www.hips4u.com/
#15
magicjay1986
It shouldnt do. It is reasonable as long as they HAVENT already paid for a Home Information Pack.


I have already paid for the HIP at the start

and i am selling the house for 128k
#16
why not use sarah beenys site to sell it for 0 comission? http://www.tepilo.com/
#17
selling your home within that price, fees should be within £400-£500 as you have already got the HIP pack that normally bumps the price up. HIP are around £250 extra
#18
Try Joslin rhodes conveyancing - i used it and they charged £295 to sell and £295 to buy, its all done postally and they allocate you a solicitor - my solicitor was about 50 miles away but did not need to visit, and she would have charged me £1200 at least if i had gone through her directly.
The sale was completed within 6 weeks, despite it being in a chain - so we did not lose any time!
banned#19
magicbeans
why not use sarah beenys site to sell it for 0 comission? http://www.tepilo.com/


Thanks MB :thumbsup:
banned#20
We lost £1000 when a seller pulled out on the day of signing (****ing *****) so sounds about right
#21
lumoruk
We lost £1000 when a seller pulled out on the day of signing (****ing *****) so sounds about right


ouch!
#22
DLM
Thanks MB :thumbsup:


are u selling?
banned#23
magicbeans
are u selling?


I have been on and off for the last 4 year's x x
[mod]#24
hassony
I have already paid for the HIP at the start

and i am selling the house for 128k


Then I suggest you do not accept their quote. That is outrageous. I would usually charge about £450/£550+vat for a property valued at £128k.

Seriously, go elsewhere.
#25
thats what I thought, I think they overcharge because they offer a "no sale no fee"
[mod] 1 Like #26
hassony
thats what I thought, I think they overcharge because they offer a "no sale no fee"


Talk to your buyer. Get a feel as to whether they are 110% keen on buying your house. Remember, they will have abortive fees if they decide to pull out on the purchase of your property as well.

No sale no fee might be what they have quoted but that amount is still INCREDIBLY high.
#27
See this for a good comparison and get some quotes in (very quickly!)... http://moneysupermarket.utdgroup.com/conveyancing/productchoice.aspx
#28
Got a quote with another solicitor for £257! again with money back gurantee if the buyer pulls out for any reason

Rep for the first person to guess which one I went for!
[mod]#29
hassony
Got a quote with another solicitor for £257! again with money back gurantee if the buyer pulls out for any reason

Rep for the first person to guess which one I went for!


£257!!
What are they called if you dont mind me asking? Or, if you tell me where they are based I could probably guess!!
#30
magicjay1986
£257!!
What are they called if you dont mind me asking? Or, if you tell me where they are based I could probably guess!!


wolstenholmes solicitors in manchester
banned#31
magicjay1986;6909291
Then I suggest you do not accept their quote. That is outrageous. I would usually charge about £450/£550+vat for a property valued at £128k.

Seriously, go elsewhere.

+1

sounds extortionate.

you should always ring a few solicitors

[url]www.checkatrade.com[/url]
[mod]#32
hassony
wolstenholmes solicitors in manchester


I am off to Manchester tomorrow. I will drop in and see if I can get you a better rate!

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!