Conveyancing solicitors

[bol-uk]

Seem to remember a similar thread to this on here (or bluekipper many moons ago)

Does anyone have a recomendation for a cheap solicitor for conveyancing?

I'm looking at £9000 including stamp duty and it kills me, would love to reduce it a bit

Thanks all

 

[Woolly Blue]

How much is the stamp duty ?

I so wanted to ask how much for the pair

 

[Deleted member 28206]

Seem to remember a similar thread to this on here (or bluekipper many moons ago)

Does anyone have a recomendation for a cheap solicitor for conveyancing?

I'm looking at £9000 including stamp duty and it kills me, would love to reduce it a bit

Thanks all

Yes do it yourself don't take your financiers ( bank or building society ) find one privately.

 

[roydo]

Seem to remember a similar thread to this on here (or bluekipper many moons ago)

Does anyone have a recomendation for a cheap solicitor for conveyancing?

I'm looking at £9000 including stamp duty and it kills me, would love to reduce it a bit

Thanks all

My Cousin is at a firm in Birkenhead.Charged me about £300 for the conveyancing. Not mate rates either.

Not much you can do about stamp duty though mate.

 

[bol-uk]

My Cousin is at a firm in Birkenhead.Charged me about £300 for the conveyancing. Not mate rates either.

Not much you can do about stamp duty though mate.

Indeed, the stamp duty is killer. The house is 266k and the SD is £7900

It seems that the best price is around £350 or so for the sols.

Thanks

 

[roydo]

Indeed, the stamp duty is killer. The house is 266k and the SD is £7900

It seems that the best price is around £350 or so for the sols.

Thanks

Nuts SD is. Might be wrong on the rates, but you pay over £250k right? So your paying £8k on being £16k over. Robbery.

 

[Woolly Blue]

Indeed, the stamp duty is killer. The house is 266k and the SD is £7900

It seems that the best price is around £350 or so for the sols.

Thanks

£350 to £450 is probably the sort of range you're looking at. Theoretically you can do the paperwork yourself ( it's not rocket science ) but that tends to make lenders nervous, probably rightly so. Compared to the disbursement costs it's not much, but it's annoying because you know some clerk being paid £10 / hour will deal with the paperwork.

 

[arch stanton]

if youre paying nearly 8k on stamp duty, you're unlikely to save more than £100 or so on sols fees. I moved recently and was happy with gettign someone that did everything right rather than saving £100 when you are spending nearly £270,000. False economy mate.

 

[bol-uk]

if youre paying nearly 8k on stamp duty, you're unlikely to save more than £100 or so on sols fees. I moved recently and was happy with gettign someone that did everything right rather than saving £100 when you are spending nearly £270,000. False economy mate.

Good point.

 

[arch stanton]

because my sol knew what she was doing, we managed to blag some free idemnity insurance to cover us for any breaches of the covenant, and had a wall removed FoC that shouldnt have been built and we were wanting to knock down anyway. Thry get some slating but good ones can be well worth their money. It helps if they are local so you can pop in to sign anything, drop off any documents they need. My mate used a cheap online sol and he had a right PITA time but saved a hundred notes.

 

[evilwebby]

Conveyancing fees aren't much - usually around 500-600 + VAT. Its not really worth skimping costs in this area imo. Go with a conveyancer who comes recommended by someone you know. Otoh, also don't overpay for someone because you think they need to be have local knowledge, or whatever - conveyancing is a fairly boring form-filling exercise and the conveyancer will never need to leave their office usually. There are added costs of doing all the local authority and land registry searches, that add up bringing it well north of a grand.

The stamp duty is the real killer - 3% on purchases over 250k. Thats why there is a dead-zone between 250-275k where very few properties sell, and all sorts of back-room deals are agreed to pay some of the fee in cash.