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Solicitors Conveyancing Fees for Moving House Explained

Posted on Thursday, 6th October 2016 by

The blog will look into the conveyancing fees charged by a solicitor when moving house, looking into everything from how they are calculated to when they need to be paid.

The average solicitor’s fees when moving house

Depending on the location and value of the property that you are buying, legal fees can typically range from £500 to £1,500. This fee will be the cost of using a solicitor or qualified conveyancer to arrange the transaction, whilst making sure that the relevant searches have been done and questions asked to ensure that your purchase is as secure and risk-free as possible. We recommend reading our conveyancing timescales guide.

How are conveyancing fees calculated?

In addition to your solicitor’s time and expertise, other things that you will have to pay for as part of moving house, include:

  • The cost for searches (these may include Land Registry searches, local authority searches and flooding searches) – typically £250 to £350
  • A valuation fee (if you are buying with a mortgage your lender will need to have the property valued) – typically £150 to £1,500
  • A surveyor’s fee (to have the property structurally surveyed to make sure that any vulnerabilities are exposed) – typically £250 to £600
  • Electronic transfer fees (a fee that a lender is likely to charge to transfer mortgage money to a solicitor, to pay the seller of the property) – typically around £50

What are disbursements?

Disbursements are the fees that are not included in the fee paid to your conveyancer/solicitor so include things like searches and also stamp duty if you are selling a property over a certain value.

When are conveyancing fees paid?

You may need to pay for disbursements like the fees for your searches before they can be carried out, so these will either be billed to you before or during the transaction.  Other fees, such as paying your solicitor for the work that they have done, will usually be billed to you at the end of the process.

Why you need a qualified conveyancer or solicitor

Unfortunately, property law can be complex and there are many things that can go wrong or easily be overlooked when buying, selling or moving home.  At best, this may mean that things take a bit longer than it should have done but at worst you could end up with mistakes regarding boundaries, unanswered questions and hidden costs.  By using an experienced, qualified conveyancer or a specialist solicitor, mistakes and delays should be far more easily avoidable.  Also, if you require a mortgage your conveyancer can usually act for the lender too.

Advice about conveyancing and moving house

If you need advice about conveyancing costs or if you have questions about moving house in general, contact us today to speak to a qualified and experienced conveyancy solicitor in Leicester and across the U.K, we offer fixed fee conveyancing, so get in touch today.

Talk to our legal team

The information provided in all of our blogs reflects only a narrative of some elements to consider on the topic. The blogs do not contain considered legal advice and should not be relied upon as advice. Please see our website terms and conditions for full details of our disclaimer. If you are interested in obtaining advice, please contact one of our lawyers who will be happy and able to advise you on your own particular circumstances.

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