How much are the average conveyancing fees in 2021?

One of the most frequently asked questions during the house buying and selling process is “how much will my solicitor charge for conveyancing?”. It is important to have an idea of these costs in mind before going down the route of buying a house as the legal costs, as well as other associated costs such as stamp duty, can have an impact on the ultimate affordability of a move and whether or not now is the right time to do so.
We have collected data from our network of solicitors and conveyancers to provide you with average costs for the conveyancing process. The average conveyancing fees for buying a house are £1,397 and the average conveyancing costs for selling a house are £702. These figures have been calculated using the average UK house price of £333,564. But you can find conveyancing costs at different price points in the tables in the sections below.

123-Convey-Logo-new

Compare Conveyancing Quotes

Purchase Price
(£)
Legal Fee Disbursements,
Land Registry & Other Fees
VAT Total
(£)
£100.000 450.00 260.00 130.00 £840.00
£150.000 480.00 280.00 135.00 £895.00
£200.000 520.00 300.00 145.00 £965.00
£250,000 530.00 340.00 150.00 £1,020.00
£300,000 550.00 350.00 155.00 £1,055.00
£350,000 585.00 365.00 160.00 £1,100.00
£400,000 615.00 375.00 170.00 £1,160.00
£500,000 620.00 380.00 170.00 £1,170.00
£600,000 660.00 500.00 180.00 £1,340.00
£750,000 750.00 500.00 185.00 £1,435.00
£900,000 780.00 500.00 190.00 £1,470.00
£1,000,000 800.00 520.00 200.00 £1,520.00

Average conveyancing fees when buying a home?

The table below shows the average conveyancing fees for buying a property in the UK at different price points. These figures have been calculated directly from our network of expert conveyancers and solicitors.

Your conveyancing fees for buying a house also include many disbursements which the solicitor will have to cover through the conveyancing process. A break down of disbursements and their average costs care as follows:

One disbursement that is not included in the average conveyancing fees above is SDLT (Stamp duty Land Tax) This figure varies depending on the final purchase price of the property. There are currently reduced rates on SDLT on residential properties until 30th September 2021 due to the coronavirus pandemic meaning you only start to pay stamp duty on the property above £500,00 Until 30th June 2021 and then the nil rate band will be reduced to a purchase price of £250,000 from 1st July-30th September 2021. Click for more information on stamp duty costs.

Other potential conveyancing costs when buying

Your total conveyancing solicitor costs will vary depending on your particular situation. There are more complex buying processes which require extra input from the solicitors and therefore can be more expensive. Buying a leasehold property, for example, may incur extra costs. Our network of conveyancers may charge an additional fee when dealing with leasehold properties. There are also further disbursement charges to be aware of including landlord sales packs, notice of transfer fees, notice of charge fees, deed of covenant and certificate of compliance. The costs for these will vary on a case by case basis but will likely be noted in your lease agreement. There are also certain other situations where additional fees may be required. These include:

  • Help to Buy ISA
  • Help to Buy Equity Loan
  • Right to Buy
  • Shared Ownership
  • New Build
  • Transfer of Equity
Get a Quote
Sale Price
(£)
Legal Fee Disbursements,
Land Registry & Other Fees
VAT Total
(£)
£100,000 410.00 30.00 85.00 £525.00
£150,000 420.00 30.00 95.00 £555.00
£200,000 450.00 30.00 100.00 £580.00
£250,000 470.00 30.00 100.00 £600.00
£300,000 485.00 30.00 105.00 £620.00
£350,000 525.00 30.00 105.00 £660.00
£400,000 575.00 30.00 110.00 £715.00
£500,000 625.00 30.00 115.00 £770.00
£600,000 650.00 30.00 115.00 £795.00
£750,000 680.00 30.00 120.00 £830.00
£900,000 720.00 30.00 125.00 £875.00
£1,000,000 750.00 30.00 130.00 £910.00

Conveyancing fees when selling a house?

The conveyancing fees associated with selling a house are, in the vast majority of cases, lower than when buying a house. This is because there are considerably fewer disbursements that are required than during a house buying process. The table below shows the average conveyancing costs for selling a property in the UK:

There are some disbursements that are required when selling a property and these include:

  • Bank transfer fee
  • Anti-money laundering checks
  • Title deeds copy

There are some disbursements that are required when selling a property and these include:

  • The Sale Agreement
  • Title Deeds
  • Transfer of Deeds
  • Buyer Enquiries
  • Property Information Form
  • Draft contract of Sale
  • Contract signing
  • Exchange of contracts
  • Receive Deposit
  • Transfer of money

Conveyancing fees when buying and selling

When buying and selling a property at the same time the costs for the legal fees will likely be very close to a combination of figures from the above tables as the same amount of work will still be required as if they were undertaken separately.

Remortgage Amount
(£)
Legal Fee Disbursements,
Land Registry & Other Fees
VAT Total
(£)
£100,000 380.00 70.00 80.00 £530.00
£150,000 390.00 70.00 80.00 £540.00
£200,000 395.00 70.00 80.00 £545.00
£250,000 400.00 70.00 80.00 £550.00
£300,000 415.00 70.00 85.00 £570.00
£350,000 450.00 85.00 95.00 £630.00
£400,000 460.00 85.00 95.00 £640.00
£500,000 470.00 85.00 95.00 £650.00
£600,000 550.00 115.00 120.00 £785.00
£750,000 600.00 115.00 125.00 £840.00
£900,000 6250.00 115.00 130.00 £870.00
£1,000,000 700.00 120.00 135.00 £955.00

Conveyancing fees when remortgaging

You won’t always require a conveyancer when you decide to remortgage. For example, a “product transfer” (i.e. moving to a new rate with your current lender) does not require any legal work and neither does borrowing more on your existing mortgage with your current lender. In some cases your new mortgage lender may include the cost of conveyancing in which case you are likely obligated to use their suggested legal team. However, in many cases there is no such obligation which is where I makes sense to compare conveyancing quotes for remortgaging to get the best deal. Below is a table with the kind of fees you can expect when remortgaging:

There are a couple of situations where you will absolutely have to appoint your own solicitor. If you are adding someone to the mortgage (i.e. a friend or a partner) or if you are removing someone from the mortgage then finding your own solicitor is necessary.
Generally, the services a conveyancing solicitor will complete as part of a remortgage include:

  • ID Checks
  • Office Copies & Title Plan (Official Land Registry Copies)
  • Bankruptcy Searches
  • Telegraphic Transfer Fee (TT Fee)
  • Land Registry Fees

Frequently Asked Questions.

Some of our commonly asked questions regarding the average conveyancing fees. If you can have queries or questions, please do not hesitate in contacting us.

When you pay your conveyancing, fees depends on whether you are buying, selling or remortgaging. If you are buying a house your solicitor will quire monies up front to cover the cost of searches. Most often you will pay this initial deposit and then the remaining fees will be due upon completion of the house purchase.

If you are selling a house you may have to pay a small upfront amount, however, the majority of the time the fees are payable upon completion of the sale.

Whilst solicitors are usually more expensive than licensed conveyancers they do have the advantage of being qualified lawyers and so would be able to assist in any other legal difficulties that may arise during your buying or selling process. Licensed conveyancers are specialised in property and so would not be able to assist with legal matters outside of that field.

Many solicitors or conveyancers will offer fixed fee conveyancing which means there is a pre-agreed price for the work they are to carry out on your behalf. This method of conveyancing is becoming increasingly popular as, due to the fact the costs do not change throughout the process, it allows you to be able to budget more effectively. It is also wise to check whether a solicitor offers a ‘no sale, no fee’ clause which would absolve you of the legal fees should your sale fall through.