ChatterBank4 mins ago
Legal Fees On House Purchase
6 Answers
Interested in a house ,but it will take all our savings,the house costs £110.000 has anyone a ball park figure of how much surveyors and solicitors fees would be please? before we go any further,no place to sell.
Answers
From house purchase only made 15 months ago: Conveyance cost £295 plus VAT. Land registry fees plus local search fees add about £200 to this figure. Full building survey plus written report £700. Takes surveyor about 1.5 days of work including report production. Cost of house involved was £290k. This is relevant because of professional indemnity...
10:53 Sun 10th Jan 2016
From house purchase only made 15 months ago:
Conveyance cost £295 plus VAT. Land registry fees plus local search fees add about £200 to this figure.
Full building survey plus written report £700. Takes surveyor about 1.5 days of work including report production.
Cost of house involved was £290k. This is relevant because of professional indemnity cover fees incurred by these professions. Means that there is a sliding scale element to their pricing structure.
Shop around for legal element, and use a conveyancer, not a solicitor.
Conveyance cost £295 plus VAT. Land registry fees plus local search fees add about £200 to this figure.
Full building survey plus written report £700. Takes surveyor about 1.5 days of work including report production.
Cost of house involved was £290k. This is relevant because of professional indemnity cover fees incurred by these professions. Means that there is a sliding scale element to their pricing structure.
Shop around for legal element, and use a conveyancer, not a solicitor.
It always takes longer than you think. We are currently at 4 months in conveyancing and still waiting for solicitors to exchange. Been told it will be another couple of weeks, but seem to have heard that a couple of times now, and our costs suddenly went up an extra £500 because of a "complication that could not have been anticipated".