During your house move, we know you'll want to avoid any last-minute financial surprises. You may be asking yourself: how much does conveyancing cost? We'll help you understand conveyancing and solicitor fees so you feel more prepared so that you know what to expect to pay.
Currently on reallymoving, the average cost of conveyancing services for homeowners is around £2,038 including fees and disbursements.
If you're a First Time Buyer, the average cost in the same time period was £1,314.*
*Based on data collected February 2024
The standard legal fees that your solicitor will initially charge you will not include Stamp Duty. Stamp Duty and other disbursements will be paid at the end of the purchasing process.
Stamp Duty Land Tax will need to be paid within 14 days from the date of completion.
This will depend on the type of solicitor you use. If you use a no sale, no fee solicitor then you may have to pay a deposit, but will not be charged for any other conveyancing fees if the buyer pulls out.
If you do not use a no sale, no fee solicitor, then you will be charged for all the legal work that has been done up until the point of the buyer pulling out.
It is the buyer of the property that pays for searches. The buyer’s solicitor is usually responsible for conducting the searches.
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