Conveyancing fees – know the facts

When researching for conveyancing on the internet you have to ask yourself why are some conveyancing quotes so cheap?

Nathan Jones, spokesman for the web site www.cheapconveyancingquotes.co.uk explains why some quotes are so cheap and
how to avoid the pitfalls when it comes to arranging your own conveyancing.

For years people have not challenged the cost of conveyancing but instead have paid legal fees and disbursements to whichever
firm their mortgage lender preferred.

Every conveyancing quote has two constituent parts:

1. The lawyer's basic fee

2. The disbursements

While disbursements should be approximately the same for all quotes, basic fees can vary greatly.

Nathan Jones said: “Some firms may try to trick customers to make quotes appear cheaper than they really are. Basic tasks that
should be covered in the lawyer's fee can be added as disbursements to pretend that a firm’s basic fee is lower than it actually is,
which can make an apparently cheap conveyancing quote much more expensive and create extra profit for the firm.”

“To avoid being tricked, always be wary of a quote in which disbursements and individual costs are not fully itemised and read
the small print for hidden charges and fees. Add these extra costs to your quote before comparing it against others.”

“Remember that while some firms are offering 'too good to be true' basic quotes, the additional fees can easily add up, so you end
up paying more.”

“People should remember they are potential clients so a quote is just a quote, requesting a full breakdown of fees and
disbursements in writing before you instruct a conveyancer is another tip to avoid being tricked.”

“Even with these pitfalls in mind I would not recommend that anyone tries DIY conveyancing. Many mortgage lenders will simply
refuse to deal with a client if they do not have a professionally qualified conveyancing lawyer. Even buyers and sellers of property
may refuse to deal with clients who donot use a conveyancing lawyer.”

Cheapconveyancingquotes.co.uk will give you a competitive and detailed cheap conveyancing quote from a professional
conveyancing firm.

By Nathan Jones | Published: August 24 2009 08.53