What are the average costs for Conveyancing in the UK for 2016 and into 2017?
This is one of the most discussed topics of conversation within conveyancing and that most people ask when buying, selling or remortgaging their property .... How much is a solicitor going to cost to handle my conveyancing?
From the data that we have collected through our network so far during 2016 and 2017, we have compiled a table of average conveyancing prices, average conveyancing fees and costs from our network of professional conveyancing expert solicitors and licensed conveyancers. Whilst it is ok to use this average conveyancing pricing table as a guide when budgeting to buy or sell your property, you should always make sure that you get an actual fixed fee conveyancing quote, when you are ready. This way you can calculate your conveyancing costs and all of the associated fees involved in your conveyancing transaction.
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Average Conveyancing Fees are calculated based on the value of your property transaction
Most property solicitors or licensed conveyancers, will calculate conveyancing fees, based on the value of your transaction and will stagger or tier their conveyancing legal fees dependent on the value. E.g.
A property purchase for £100,000 might be a legal fee of £300.00 plus VAT, but a purchase of £300,000 might be a legal fee of £500.00 plus VAT.
A property sale for £200,000 might be a legal fee of £325.00 plus VAT, but a sale of £300,000 might be a legal fee of £400.00 plus VAT.
This is quite a common practice within the conveyancing sector and that is why it's very difficult to provide an average conveyancing fee, if you do not have the transaction values available. Using the tables below, should help you budget for your conveyancing and the typical costs you should expect.
Average Conveyancing Fees when Buying a Property or Purchasing a Home Conveyancing Costs
These are the average conveyancing fees for buying a property calculated directly from our own network of solicitors and licensed conveyancers for 2016
|Purchase Price (£)||Legal Fee||Disbursements, Land Registry & Other Fees||VAT||Total (£)||Stamp Duty (SDLT)|
Average Conveyancing Fees when Selling a Property or Sale Conveyancing Costs
These are the average conveyancing fees for selling a property calculated directly from our own network of solicitors and licensed conveyancers for 2016.
|Sale Price (£)||Legal Fee||Disbursements, Land Registry & Other Fees||VAT||Total (£)||Stamp Duty (SDLT)|
Average Conveyancing Fees when Remortgaging a Property or Remortgage Conveyancing Costs
These are the average conveyancing fees for remortgaging a property calculated directly from our own network of solicitors and licensed conveyancers for 2016.
|Remortgage Amount (£)||Legal Fee||Disbursements, Land Registry & Other Fees||VAT||Total (£)||Stamp Duty (SDLT)|