Conveyancing - Costs and fees - First time buyer

Conveyancing fees explained

4 min read

How much are conveyancing fees? Find out more about typical conveyancing fees you can expect to pay during your home move, to help you budget accordingly.

  • Arti Dhamu, Move Specialist at My Home Move Conveyancing
    Arti Dhamu

    Move Specialist

    Published October 23rd 2024

    Updated on October 28th 2024

man looking at his conveyancing fees online

How much does conveyancing cost?

Conveyancing costs can range between £1000 and £3000, depending on a number of factors, including the specific details of your property purchase or sale.

If you’re thinking of buying or selling a property and want to understand more about what your move will cost you, get a quote here. If you would like to know more about what these fees include, read our in-depth guide to conveyancing fees below, which provides a complete overview of the costs involved.

In this article:

You can get a personalised quote based on your specific house purchase or sale and circumstances with our online conveyancing quote calculator.

Alternatively you can view an example conveyancing quote to get an idea of the costs involved, although the costs can be quite different depending on your specific conveyancing requirements (for example, leasehold purchases have additional costs to factor in).

a lady with her dog looking online at the conveyancing quote for her home move

Curious how much conveyancing may cost you?

Conveyancing fees will depend on the specific details of your purchase or sale. Use our online calculator to get your personalised quote.

What are conveyancing fees?

When buying or selling a property, you’ll normally instruct the services of an expert conveyancer who will guide you through the whole process. They’ll carry out the legal side of your home move, including reviewing contracts, raising enquiries, arranging the searches and registering your move with the Land Registry. Conveyancing fees cover this service – and you’ll need to budget and plan for them.

Types of conveyancing fees

There are two types of conveyancing fees:

What are disbursements and are they included in my fee?

Disbursements are the costs your conveyancer pays on your behalf when conducting your sale or purchase.

The amounts are fairly consistent across the conveyancing industry. When getting your conveyancing quote, check whether the total price includes both the conveyancer’s fee and disbursements.

Most of the below fees are classed as disbursements:  

Money laundering check fees

The conveyancing industry can be a target for money launderers, enabling them to circulate large amounts of illegally-gained money into the legitimate economy.

As part of the conveyancing process, your solicitor will ensure money is coming from legitimate sources. This means you’re legally obliged to provide all the necessary documents to verify your identity. If you’re buying a house, you need to show evidence of your deposit and where your funds came from. If you’re selling a property, your solicitor will check the Land Registry to confirm you’re the homeowner.

The cost of money laundering checks is usually £10 – £20, although if you’re living abroad, you’ll likely have to pay more for further checks.

In a quote from My Home Move Conveyancing the money laundering check fee is included within our legal fee.

Bankruptcy search fees

With such large sums of money changing hands, your mortgage lender needs to make sure you haven’t gone bankrupt recently.

Bankruptcy searches cost between £2- £4.

Copy of title deeds

Your conveyancer needs to check the title deeds, namely the legal documents proving that you own a property.

The Land Registry charges for every document which has to be downloaded: if you’re dealing with a leasehold property, then the cost can be upwards of £25.

Conveyancing searches

Carrying out the necessary conveyancing searches, including local, drainage and environmental searches is a crucial part of the house buying process. They’ll flag any potential problems and cost between £250 – £450, although the price may vary depending on the property’s location.

At My Home Move Conveyancing our search pack includes the cost of personal local, drainage/water and environmental searches and chancel insurance. However, our experience shows that additional searches are often necessary and therefore ask for an advance payment of £399 to avoid any delay in ordering these when necessary. Any unused funds will be credited against other costs shown. The difference between the total cost of searches and £399 will be collected on completion. We guarantee that the total cost of searches will not exceed £595.

It’s also a good idea to carry out a building survey. There are different surveys you can have, which vary in levels of detail: to find out which one is the right survey for you, our trusted partner The Moving Portal can guide you through the options. Find out more here.

Electronic Funds transfer fee

On completion, your conveyancer must make an online funds transfer, and will charge a fee for this. If you’re buying a property, the money’s sent to the seller’s conveyancer, while if you’re selling, the funds go to your lender, redeeming your mortgage, with any remaining balance going back to you. 

Land Registry Registration Services

If you’re buying a house you need to pay a Land Registry Registration Services fee, to officially transfer the property into your name. Your conveyancer must pay the following costs when applying through the online portal. However, if your application is complex and cannot be done online, costs will be higher.

Property value or amountLand Registry Registration Services Fee
Up to £80,000£20
£80,001 to £100,000£40
£100,001 to £200,000£100
£200,001 to £500,000£150
£500,001 to £1,000,000£295
£1,000,001 and over£500

Stamp Duty Land Tax

Stamp Duty Land Tax (SDLT), or Land Transaction Tax (LTT) in Wales, is a government tax on property purchases over certain price brackets. It’s paid as a lump sum on completion and only applies when purchasing a property. Use our stamp duty calculator to get an estimate for your purchase.

Leasehold fees

If you’re buying a leasehold property, you’ll usually need to cover additional costs as the process can be quite complex. For instance, your conveyancer might need a Deed of Covenant, a legal agreement between you and the landowner which sets out obligations such as carrying out repair work. The extra costs range from £100 to £1,000, depending on the property.

If you’re selling a leasehold property, you’ll have to cover extra costs for any additional information required from the landlord or management company. This can cost from £100 to over £500.

Remember, it’s always worth checking your conveyancer’s terms and conditions to see if any additional charges apply to you.

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Get a personalised conveyancing quote for your move today.

When do you pay conveyancing fees?

It’s likely that the main bulk of your conveyancing fees won’t need to be paid until you’re ready to exchange contracts on your sale or purchase. The costs for searches will be requested early in the process as these are payable to a third party such as a local authority – payment is therefore required before searches can be ordered.

The next point at which you pay money to your conveyancer is when you exchange. You’ll usually pay a 10% deposit of the final balance to your conveyancer. You will then need to pay your final balance before completing, making sure that you have transferred funds in enough time for them to clear before the day of completion.

If you are selling a property, you will need to pay any balance before you complete on your sale.

Don’t worry if it all sounds a bit complicated. Your conveyancer will guide you through everything – including the various exchanges of money that need to happen.

Does the seller pay conveyancing fees?

Both the buyer and the seller will pay conveyancing fees for their part in the transaction. The buyer will have additional costs to factor in, including searches of the local area. However, both buyer and seller will need a conveyancing solicitor to represent them, go through the process of conveyancing, deal with mortgage providers and handle changes with the Land Registry.

Compare conveyancing costs

Buying a home is one of the biggest purchases most people will make in their lives, so you want to make sure your transaction is in the best hands possible. Here are the top considerations you should have when comparing conveyancers and choosing the right one for you:

  • Compare conveyancing offers. Get quotes from different firms and compare fees.

  • Watch out for hidden charges. Make sure these quotes include both legal fees and disbursements, as the latter might include additional charges.

  • Consider retainer fees. Bear in mind that if your property purchase or sale falls through, many conveyancers will retain some of the fee.

  • Remember that cheapest doesn’t mean best. Check reviews and ask your family and friends for their conveyancer recommendations.

Read our comparing conveyancing fees guide for a more detailed breakdown of what costs to expect.

My Home Move Conveyancing fees

Now you’ve learned about the cost of conveyancing, read about My Home Move Conveyancing’s fees below:

What’s included in my fees?

Your quote includes legal fees – which are paid to your conveyancer for dealing with the legal process of your purchase – and disbursements. These are the costs your conveyancer will have to pay out on your behalf to third parties and include conveyancing searches, Land Registry Registration Services, ID and money laundering checks and leasehold fees.

Are there any additional fees?

You may see an expedition fee temporarily added to your financial statement however, it is only payable if completion takes place within three working days of exchange of contracts. This fee will be automatically removed, and you will not be charged if there are more than three working days between your exchange and completion.

What is the Fraud Protection and Confirmation of Sale fee on my financial statement?

  • The Fraud Protection service notifies you of any changes to your property and prevents any changes from being made without proper ID checks with a solicitor/conveyancer.

  • Confirmation of Sale tracks and keeps you informed of your buyer’s application for transfer of ownership with HM Land Registry.

These services provide essential protection against the threat of fraud and come at an additional cost. As these are for your benefit the cost is added to your financial statement. You can opt out of these services, however they are highly recommended.

Please speak to your conveyancer to understand the benefits and risks of opting out.

Why choose us

a young couple happily dancing and playing with their dog in their new home
  • Tailored to you

    We’ll find out what’s important to you and what’s unique about your move, so we can match you with the conveyancing firm that best suits your needs.

  • Trusted by our customers

    The conveyancing firms we work with put their customers first, and are rated excellently, so rest assured you’ll only ever receive the best service.

  • Your time matters to us

    Using the right combination of tech and people, at the right points in your journey, helps to fast track the process and keep you in control.

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