Many people now go straight to the internet to search for the products and services they want, and this is no different when people are looking for the lowest conveyancing fees. Because many firms now offer online services through there websites, site visitors can find out conveyancing fees instantly from a number of firms and then compare them.

Conveyancing solicitors are now competing for business through the web. This drives down the conveyancing fees and so conveyancing is available at a reasonable cost. Most conveyancing transactions will cost around £500, and once you compare several conveyancing quotes you will probably find that the conveyancing fees in each quote are quite similar.

Conveyancing quotes are made up of three key components:

• The solicitors basic fee - The cost the solicitor charges to complete the conveyancing
• VAT – This is payable on the cost the solicitor charges for the conveyancing
• Disbursements – Additional conveyancing costs such as searches and stamp duty

When choosing to instruct a solicitor it is worth checking whether the solicitors conveyancing fees are a “fixed fee” and you will not be charged by the hour for the completion of your conveyancing matter. Many conveyancing firms also offer “no completion no fee” conveyancing. This type of agreement means that if your property sale or purchase falls through before completion you will not pay the conveyancing fees, though you may still be charged for any searches that have been carried out.