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solicitors fee Tag

Solicitors Fee For Buying A House

Solicitors Fee For Buying A House

If you want to buy a house, you will have to hire a solicitor – that is just how it goes. Of course, his/ her services will not be free, so you have to brace yourself for some additional expanses – not only the house value and mortgage fees. Solicitors fee for buying a house can vary, and the entire cost of working with a solicitor will depend on the services you order. Normally, it is important to differentiate between bare solicitors fee for buying a house and additional property valuation reports he/ she might prepare upon your request.Bare solicitor’s fees Bare solicitors fee for buying a house starts at £500 and may reach up to £1500 - depending on your region, solicitors reputation, etc. In addition, 10% of the sum should normally be deposited upfront. Note, that this is the cost of solicitor working on your contract - that's it. If you want to order property survey, the solicitor will charge you extra £250-£300 - simply for working on these reports for you. Valuation surveys The reports in question can be quite expensive, too. The total of cost of most common reports starts at  £1250. Even though it is not necessary to...