Solicitors Fees in West London / Buckinghamshire.
Hello!
I'm currently buying a house and selling a house at the same time, and I think my solicitors might be rinsing me. They were recommended by a colleague for being really good and on the ball, so I asked them for a quote and it seemed relatively okay. I didn't get quotes from other places, as everyone else I asked could only tell me what solicitors to avoid at all costs, so I sort of just gave it a google / asked Claude (lol) to see how it stacked up against the averages for the area. It seemed alright and inline ish with what others paid, maybe a touch high. Can't say not getting other quotes was my brightest idea.
Fast forward to being half way through the process, and the additional fees are absolutely astronomical! I'm getting charged £395 for a Gifted Deposit AML check, and possibly a £325 per person charge for source of funds verifications which sound an awful lot like what my £45pp AML checks are doing.. We've not even got a complex process, just savings and this one gift which we were given about 8 months ago.
So far, they've added potentially £1,800 on to our estimate in additional fees. Some of which we knew and were just in the small print at the bottom of the estimate like acting for mortgage lender and so on.. but some of them are completely out of the blue, ie "Oh here's some forms to sign and some money to pay for us to crack on with it.. oh and here's a list of additional fees just so you know".. We're sitting at about £7.5K for selling a £425K house, and buying an £800K house.
TLDR: What have your solicitors been charging you guys for selling and buying.. and did it balloon up with additional expenses?
I can't imagine there's much I can do now, we're half way through with contracts signed and such and I'd rather not start the whole process again with anyone cheaper as the amount these lot will probably charge me will likely make the whole ordeal the same price as if I stuck with them.
Thanks in advance! :)