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Legal Fees for selling a house



rrruss

Wandering Seagull
Anyone got any experience of this? Been quoted £500 and have the Home Information Pack to buy too for £350. Does this sound about right or a bit on the expensive side just for selling?

Russ
 




Uncle Spielberg

Well-known member
Jul 6, 2003
43,098
Lancing
Is this the solicitors costs for selling ?. Are you buying again ?. £ 500 does this include vat ?. What is the selling price ?.

These will all have an implication.
 


Herne Hill Seagull

Well-known member
Jul 10, 2003
2,985
Galicia
Also, is that fee for conveyancing? Don't forget the Estate Agent will take commission from the sale - NEVER pay more than 1.5%, shop around if necessary - so there are more costs to come.
 


eastlondonseagull

Well-known member
Jan 15, 2004
13,385
West Yorkshire
My solicitor's quoted £690 + VAT to sell my place, just for their fees. HIP is another £300, I think.

So I'm switching solicitors, £600 all in. Still expensive, though, when you add in the fees for buying another place, survey, searches etc etc.

Plus estate agents' fees, too :angry:

.
 


Uncle Spielberg

Well-known member
Jul 6, 2003
43,098
Lancing
£ 500 for their fees for selling is very reasonable especially if it includes vat.
 




Uncle Spielberg

Well-known member
Jul 6, 2003
43,098
Lancing
Also lots of estate agents will pay for your HIP ( make sure its not to the detriment of the % fee they charge though ). Shop around.
 


rrruss

Wandering Seagull
The £500 is just solicitors fees for selling, inc tax. It's a further 350 for the HIP. The agent says that only one person has requested to see a HIP and therefore it is a waste of money but compulsory! None of the estate agents offer HIPs in the area (Bridgend, South Wales) so we have to get it done through the solicitor really.

When selling (and not buying again) it seems a lot of money to pay a solicitor as there are no searches or anything, just overseeing the legal document exchange.
 


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