Question 1

What is the average cost of conveyancing fees in the UK?

Accepted Answer

According to the Homeowners Alliance, buyers should expect to pay between £300 and £1500 in conveyancing fees. This is in addition to the cost of disbursements, which include property searches, Help to Buy supplements, and other costs that may be added dependent upon your situation.

You can view Eden's pricing guide here.

Question 2

How are conveyancing fees calculated?

Accepted Answer

Conveyancing fees are calculated based on a number of factors. These include details about the property being purchased – for instance, whether it is freehold or leasehold, the value of the property, and the location.

This will also be dependent upon how the buyer will be finding the purchase, such as whether they’re using a Help to Buy ISA or a gifted deposit.

Fees will also vary for first-time buyers, who are exempt from costs such as stamp duty.
Fees are also different for current homeowners, who will also need to factor in conveyancing costs for selling their current property, as well as the fees on their new property.

To get a fast, free conveyancing quote based on your unique circumstances, you can use our online conveyancing calculator to see how much you could save with Eden.

Question 3

What does my conveyancing fee include?

Accepted Answer

Your total conveyancing fees will typically consist of your chartered conveyancer’s standard rate, alongside any disbursements that are required based on the details of your purchase. These are likely to include:

Property searches (Local authority, land registry, and environmental)
Anti-money laundering and anti-fraud checks
Stamp Duty
Title deeds
Transfer of ownership

Based on your situation, you may also require:

Help to Buy or Lifetime ISA supplements
Gifted deposit supplements
Leasehold supplements
Unregistered Property Supplement Fee
Additional checks based on location (whether the property is in a high-risk flooding area or in proximity to a mine)

Question 4

Is it better to use a conveyancer or solicitor?

Accepted Answer

Solicitors are well-equipped to deal with the process of buying and selling property.

However, many buyers and sellers prefer to instruct an experienced conveyancer, who specialises only in property and the complex legal process of buying or selling a property.

Although both a conveyancer and a solicitor will be able to facilitate the purchase or sale of a house, conveyancers are intimately familiar with property law as it is their specialism, and will be able to advise you in the event of any legal complications with your purchase or sale.

Question 5

Do you pay conveyancers on exchange or completion?

Accepted Answer

Most property lawyers, conveyancers and solicitors will request a small instruction fee to access their services, you will typically pay conveyancing fees once the sale has been completed. However, it’s always best to check this in the early stages of choosing your conveyancer, in case they have a different policy.

Question 6

Can Eden take on conveyancing for any property transaction?

Accepted Answer

We can do a lot, but there are some types of property transactions that we cannot currently act on. This includes, but isn’t limited to:

Properties affected by the Building Safety Act
Shared ownership or shared equity properties
Unregistered properties
New build properties
Limited company purchases
Non-UK residents
Acting for clients exercising Power of Attorney

For more information on the types of transactions we can and cannot assist with at this time, please refer to our terms of engagement.

Still unsure? No problem, get in touch with on 0300 180 0345 and we'd be happy to help.

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