Conveyancing fees!

[Spooky2000]

Jeeez, these have gone up haven't they?! Last time it was about £700 in total - now, 12 years later - £1300!!😫

Yeah, i work in that area. Even charging fees like that, costs are so high that we only break even each month.

Indemnity insurance alone has sky rocketed. Costs to run a small law firm are endless.

This is my area of law, you have no idea how much work is actually involved in a leasehold purchase if you think that fee is extortionate.

We have to review the lease, office copy title, freehold title, the mem. & arts. of the management company, the last 3 years accounts, the search replies and the replies to our pre-contract enquiries of the seller and the management company and report all of that to our client along with all of the information in relation to their mortgage. Together with having to ensure that the flat complies with the fire regs and flats regs. It's not a small amount of work at all.

I am budgeting 3500 for buying and selling - that's with a High St solicitor. You may well get cheaper with an online conveyancer but I like the convenience of dropping off documents.

Paid 3k as a buyer last year.

I agree. And I'd rather pay a bit more and have someone who's not deluged with work and can actually progress matters in a timely way. And know that it's all done properly.

It seems extremely reasonable for a leasehold purchase. I absolutely would not use online conveyancing for this. Depending on what you are buying, you may even find most of the cheap online businesses won't touch it anyway. I certainly wouldn't trust them to do due diligence.