Because conveyancing has become such a competitive business, many firms employ tricks to create their conveyancing quotes look cheaper than they really are. This is your guide to what costs should (and should not) be included in an internet (or off-line) quote. This information will
stop you from being ripped off. conveyancing solicitors are such a competitive business.
The truth about fees
The key insight into understanding when buying conveyancing is this…
Accurate quotes should have two parts:
Part #1 – The conveyancer’s basic fee
This is the essential cost of your solicitor’s time (and expertise) for processing your transaction.
It can vary plenty between firms (a spread of £500 isn’t unusual). For now, just confine mind two points:
- High cost doesn’t automatically equal better service.
- Anything too cheap should ring alarm bells.
Part #2 – Disbursements
Disbursements are items your conveyancing solicitor will need to get on your behalf to 3rd parties and are usually payable regardless of whether or not your conveyancer offers a ‘no move no fees‘ …Continue reading