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How much is fixed fee conveyancing and stamp duty when you buy a house ?

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  • How much is fixed fee conveyancing and stamp duty when you buy a house ?

    After looking into the costs of conveyancing when either buying or selling a house I decided to have a search to compare fixed fee conveyancing solicitors to see how much a conveyancing solicitor would cost when buying a home or selling your home.

    It is interesting that the conveyancing fees differ widely depending on the various criteria you enter such as:-
    • First time buyer
    • Buy to let
    • Help to buy schemes
    • Stamp duty due to property value
    • Various searches such as Local Authority Search, Water and Drainage Search, Commons Registration,Environmental Search, Mining Search, Land Charges, Chancel Repair Liability etc




    • Selling a property in England & Wales

      Stage 1 - Agreement of sale
      Once the sale has been agreed, your solicitor will:

      Stage 2 - Exchange of contracts
      Once contracts have been exchanged, your solicitor will:
      Stage 3 - Completion
      Upon completion, your solicitor will:
      • Obtain your title deeds and ask you to fill in a detailed questionnaire
      • Prepare and send out a package of legal information and a contract for sale
      • Request a settlement figure for your mortgage and any other secured loans
      • Liaise with all relevant parties and negotiate a date for moving ('completion').
      • Receive the deposit as a down-payment
      • Organise final accounts and prepare a final settlement for your approval
      • Collect any balance of funds required
      • Approve the deed of transfer and arrange for you to sign it.
      • Pay off the mortgage and notify HM Land Registry
      • Hand over the deeds and send any balance of money to you.

    • What does a conveyancer do?


    Using compareconveyancingquotes.co.uk

    Compare Conveyancing Quotes instantly - simply complete your details below
    What is the Purchase Price? £172,011 (UK average house price)
    Are you taking out a mortgage? Yes
    Is the property freehold or leasehold? Freehold
    What type of property is it? House
    Number of buyers? me + 1 other
    Have you had an offer accepted? Yes
    Are you using any of these purchase schemes: No
    Is the purchase property registered or
    unregistered? (more info...)
    Registered
    Is the property newly built (you will be
    the first people living there)?
    No
    How many bedrooms does the purchase
    property have?
    3

    Your Purchase Quotes
    Please find below your conveyancing quotes by 5 leading conveyancing firms for the purchase of a property for £172011.
    A detailed version of each quote can be obtained by clicking on the "Details" button next to the Total Price.
    Solicitors Name
    Legal Fee's
    Disbursements
    VAT
    Total Price
    (inc VAT @ 20%)

    £456.00
    £1952.00
    £91.20

    £2499.20

    £582.00
    £1822.00
    £116.40

    £2520.40

    £344.00
    £1847.00
    £73.60

    £2264.60

    £364.00
    £1825.00
    £72.80

    £2261.80

    £329.00
    £1847.00
    £65.80

    £2241.80
    From top to bottom,


    Fees
    Legal Fees*: £325.00
    Mortgage Admin Fee: NO CHARGE
    TT Fee*: £30.00
    SDLT Fee*: £65.00
    Dealing with Electronic Registration*: £30.00
    Client ID Checks*: £6.00
    Disbursements
    HM Land registry: £95.00
    Bankruptcy Search: £4.00
    Land Registry Search: £3.00
    Local, Drainage and Environmental Search Pack: £130.00
    VAT @ 20%: £91.20
    Total (excluding Stamp Duty): £779.20
    Stamp Duty Payable: £1720.00
    Total: £2499.20
    *VAT @ 20% is applicable to this item


    Fees
    Legal Fees*: £399.00
    Mortgage Admin Fee*: £50.00
    TT Fees*: £58.00
    SDLT Fee*: £75.00
    Disbursements
    HM Land registry: £95.00
    Bankruptcy Search: £4.00
    Land Registry Search: £3.00
    VAT @ 20%: £116.40
    Total (excluding Stamp Duty): £800.40
    Stamp Duty Payable: £1720.00
    Total: £2520.40
    *VAT @ 20% is applicable to this item.




    Fees
    Legal Fees*: £299.00
    Mortgage Admin Fee: NO CHARGE
    CHAPs fee (per transfer)*: £45.00
    SDLT Fee: NO CHARGE
    Disbursements
    HM Land registry: £95.00
    Bankruptcy Search: £4.00
    AML search*: £24.00
    Land Reg Search (per title): £4.00
    VAT @ 20%: £73.60
    Total (excluding Stamp Duty): £544.60
    Stamp Duty Payable: £1720.00
    Total: £2264.60
    *VAT @ 20% is applicable to this item.





    Fees
    Legal Fees*: £249.00
    Mortgage Admin Fee*: £30.00
    TT Fees*: £30.00
    SDLT Fee*: £40.00
    ID check*: £15.00
    Disbursements
    HM Land registry: £95.00
    Bankruptcy and Land Registry Searches: £10.00
    VAT @ 20%: £72.80
    Total (excluding Stamp Duty): £541.80
    Stamp Duty Payable: £1720.00
    Total: £2261.80
    *VAT @ 20% is applicable to this item.



    Fees
    Legal Fees*: £239.00
    Mortgage Admin Fee*: £35.00
    TT Fees*: £30.00
    SDLT Fee*: £25.00
    Disbursements
    HM Land registry: £95.00
    Bankruptcy Search: £4.00
    Land Registry Search: £4.00
    Client ID Checks: £24.00
    VAT @ 20%: £65.80
    Total (excluding Stamp Duty): £521.80
    Stamp Duty Payable: £1720.00
    Total: £2241.80
    *VAT @ 20% is applicable to this item.

    Last edited by Tools; 17th August 2014, 11:07:AM.
    Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

    IF WE HAVE HELPED YOU PLEASE CONSIDER UPGRADING TO VIP - click here

    Tags: None

  • #2
    Re: Conveyancing

    Average overall price of £2357.56 less stamp duty of £1720.11 = 637.45 average conveyance fees

    I have had to use the UK average house price as it massively alters the cost due to stamp duty etc.

    Some other good info on this page http://www.compareconveyancingquotes...ation-zone.php
    Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

    IF WE HAVE HELPED YOU PLEASE CONSIDER UPGRADING TO VIP - click here

    Comment


    • #3
      Re: Conveyancing

      Using homebuyerconveyancing.com, prices are given EXCLUDING stamp duty of £1,720.11 (1% of purchase price)


      Stamp duty (until Cam Moron tries to blackmail us all next year) kicks in at £125,000







      Maurice Smiths Solicitors Solicitors in Castleford, West Yorkshire Cheapest!

      £780.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Bolton Jones Solicitors Solicitors in Liverpool

      £811.40 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Smart Legal Solicitors in Edgware, Middlesex

      £830.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      PDR Property Lawyers Licensed Conveyancers in Peterborough, Cambridgeshire

      £866.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Mason Baggott & Garton Solicitors in Scunthorpe, South Humberside

      £868.60 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      HLW Keeble Hawson LLP Solicitors in Doncaster, South Yorkshire

      £877.66 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Clarkes Solicitors Solicitors in Shrewsbury, Shropshire

      £887.68 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Bromets Jackson Heath LLP Solicitors in Tadcaster, North Yorkshire

      £889.32 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Grindeys Solicitors LLP Solicitors in Stoke-On-Trent, Staffordshire

      £892.00 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Butterworths Solicitors Solicitors in Gateshead, Tyne And Wear

      £894.00 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Bird and Co Solicitors LLP Solicitors in Lincoln, Lincolnshire

      £897.44 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Murray Hills Solicitors Ltd Solicitors in Bridlington, North Humberside

      £899.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Gordon Brown Law Firm LLP Solicitors in Chester Le Street, County Durham

      £900.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Hanover Solicitors Solicitors in London

      £908.99 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Harrys Solicitors Solicitors in Derby

      £911.40 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


      Birchall Blackburn Law Solicitors in Preston, Lancashire

      £915.40 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.
      Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

      IF WE HAVE HELPED YOU PLEASE CONSIDER UPGRADING TO VIP - click here

      Comment


      • #4
        Re: Conveyancing

        Same criteria, with £124,000 purchase price (no Stamp Duty)


        Maurice Smiths Solicitors Solicitors in Castleford, West Yorkshire Cheapest!

        £726.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Bolton Jones Solicitors Solicitors in Liverpool

        £795.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Smart Legal Solicitors in Edgware, Middlesex

        £800.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Mackenzie Jones Solicitors Ltd Solicitors in Chester, Cheshire

        £801.30 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        PDR Property Lawyers Licensed Conveyancers in Peterborough, Cambridgeshire

        £818.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Bird and Co Solicitors LLP Solicitors in Lincoln, Lincolnshire

        £825.44 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Clarkes Solicitors Solicitors in Shrewsbury, Shropshire

        £827.68 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Bromets Jackson Heath LLP Solicitors in Tadcaster, North Yorkshire

        £829.32 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Grindeys Solicitors LLP Solicitors in Stoke-On-Trent, Staffordshire

        £832.00 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Mason Baggott & Garton Solicitors in Scunthorpe, South Humberside

        £838.60 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Murray Hills Solicitors Ltd Solicitors in Bridlington, North Humberside

        £839.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        HLW Keeble Hawson LLP Solicitors in Doncaster, South Yorkshire

        £847.66 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Chadwick Lawrence LLP Solicitors in Leeds

        £856.40 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Gordon Brown Law Firm LLP Solicitors in Chester Le Street, County Durham

        £864.80 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        Davisons Solicitors Solicitors in Sutton Coldfield

        £872.00 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.


        HardingEvans Solicitors Solicitors in Newport, Gwent

        £878.20 This includes your legal fees, disbursements & VAT. This is an all inclusive fixed fee price.
        Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

        IF WE HAVE HELPED YOU PLEASE CONSIDER UPGRADING TO VIP - click here

        Comment

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