hp006 Posted May 24, 2011 Share Posted May 24, 2011 Thinking of moving house, does anyone know how much it would cost for solicitors in selling and buying. Did an internet search and it was coming up with 2.5k which seems a lot Quote Link to comment Share on other sites More sharing options...
supracars Posted May 24, 2011 Share Posted May 24, 2011 Thats sounds way too much mate, id would say £500-£1000 tops sometimes even less Quote Link to comment Share on other sites More sharing options...
peter richards Posted May 24, 2011 Share Posted May 24, 2011 moved just before crimbo , and it came to a bend me over and shaft me with a big 3K Quote Link to comment Share on other sites More sharing options...
paulfurn Posted May 24, 2011 Share Posted May 24, 2011 Have just sold my UK house as live in Spain now (funnily money came through earlier on!) and I got charged £534 which included the flat rate fee, VAT and a CHAPS transfer. Very satisfied with them, they're called are http://www.msbsolicitors.co.uk/. PM me if you want more details mate Quote Link to comment Share on other sites More sharing options...
ozz Posted May 25, 2011 Share Posted May 25, 2011 moved just before crimbo , and it came to a bend me over and shaft me with a big 3K Wow, I'd expect to pay around 1k max to buy sell though its been a few years. What was the big charges if you don't mind? My mate just bought a house, his bill was under £500 I think. Quote Link to comment Share on other sites More sharing options...
Charlotte Posted May 25, 2011 Share Posted May 25, 2011 moved just before crimbo , and it came to a bend me over and shaft me with a big 3K I suspect that included stamp duty, land registry fees for registering the property in your name, searches etc and wasn't just 'solicitors fees'? Quote Link to comment Share on other sites More sharing options...
Abz Posted May 25, 2011 Share Posted May 25, 2011 I suspect that included stamp duty, land registry fees for registering the property in your name, searches etc and wasn't just 'solicitors fees'? By the sounds of it I was thinking that too. Should really be looking at £1k maximum, depending on how quick & easy the sale completes. Quote Link to comment Share on other sites More sharing options...
Charlotte Posted May 25, 2011 Share Posted May 25, 2011 depending on how quick & easy the sale completes. Not even that really. The actual solicitors fees will be fixed at the start (when I was a conveyancer fees for a sale were about £350-£400, £400-£450 for a purchase). Then you are charged for standard searches - environmental, local and drainage (about £150 upfront). Stamp duty is 1% over £125k (if you're not a first time buyer) then 3% over £250k, 5% over £500k. The solicitor will add this to a quote as it's money you should expect to pay. Registry fees to have your name added onto the house deeds are about £200. The only add ons are if extra searches need to be made, documentation from the land registry needs to be obtained like transfers and other stuff relating to the house etc, but your sols should keep you informed of any extra costs. Leasehold properties definitely have an add on of about £100 or thereabouts for a sale or purchase because of the extra work involved for the sols. Sorry - I waffled on there. Quote Link to comment Share on other sites More sharing options...
marbleapple Posted May 25, 2011 Share Posted May 25, 2011 Not even that really. The actual solicitors fees will be fixed at the start (when I was a conveyancer fees for a sale were about £350-£400, £400-£450 for a purchase). Then you are charged for standard searches - environmental, local and drainage (about £150 upfront). Stamp duty is 1% over £125k (if you're not a first time buyer) then 3% over £250k, 5% over £500k. The solicitor will add this to a quote as it's money you should expect to pay. Registry fees to have your name added onto the house deeds are about £200. The only add ons are if extra searches need to be made, documentation from the land registry needs to be obtained like transfers and other stuff relating to the house etc, but your sols should keep you informed of any extra costs. Leasehold properties definitely have an add on of about £100 or thereabouts for a sale or purchase because of the extra work involved for the sols. Sorry - I waffled on there. As above although I don't think fixed fee schemes are mandatory, i.e. some solicitors might charge by time taken (per 6 minute unit). OP could always ring a solicitor's firm and ask them. Mine cost me just under £500. By the time I had finished complaining I actually ended £100 up, so technically my solicitor cost me -£100. Quote Link to comment Share on other sites More sharing options...
peter richards Posted May 25, 2011 Share Posted May 25, 2011 probably charlotte , thats what it cost all in which is the only figure thats relevant ,wouldnt want to do it again either Quote Link to comment Share on other sites More sharing options...
Charlotte Posted May 25, 2011 Share Posted May 25, 2011 As above although I don't think fixed fee schemes are mandatory, i.e. some solicitors might charge by time taken (per 6 minute unit). I think you'd be hard pushed to find a conveyancer that doesn't charge a fixed fee these days. Quote Link to comment Share on other sites More sharing options...
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