If you are selling a house this year, you’ll want to know how much your conveyancing fees will be. Here’s everything you need to know about conveyancing fees for selling a house in 2021…
What Do Conveyancing Fees Cover?
Conveyancing fees for selling a house cover all of the legal work that goes into the transaction. These are made up of two parts – the conveyancer’s fee for carrying out the work, and any disbursements that the solicitor must pay on your behalf. The total cost for conveyancing will be the sum of both of these items.
The disbursements will include items such as:
- ID checks
- Bank transfer fees
- Land Registry fee for supplying a copy of your title and plan
The disbursements for the sale of a house are usually cheaper than for a purchase because they do not include things such as local searches.
How Much Should Conveyancing Fees For Selling A House Cost in 2021?
Conveyancing fees will vary from solicitor to solicitor. The cost can range anywhere from £550-£1,000 and will depend on a variety of factors, including the complexity of your sale. The best way to find out how much you should pay is by gathering a selection of quotes from conveyancers. Many conveyancing solicitors work on a fixed fee basis and will be able to give you a very accurate estimate of how much the work will cost. It is wise to be cautious about conveyancers that do not work on a fixed fee basis, because the amount you pay could easily spiral.
When you have gathered your quotes, it is important that you don’t simply choose the cheapest. Whilst the price of each should certainly be a consideration, it’s also important to take other factors into account, such as:
- Reviews – either from friends or family, or online
- Ease of communication
- Efficiency in responding to you
The Total Cost Of Conveyancing Fees For Selling A House…
The total amount that you pay will, of course, depend on the solicitor that you choose. However, the disbursements for selling a house (provided it is a straightforward sale) are usually low and rarely cost more than £100. Make sure that you check whether disbursements are included in any quote for a solicitor, or whether they will be extra.
Getting A Quote
At Beeston Shenton, based in Newcastle under Lyme, our talented conveyancing team has vast experience of handling property sales. We pride ourselves on our superb communication, efficient service, and immense technical knowledge. If you would like a quote, you can use our simple conveyancing price calculator which will give you a no-obligation price in seconds. We look forward to working with you on the sale of your property.