legal fees in buying an apartment

mmm12

i have been quoted 1650 euro including vat and outlay plus 650 euro for land registery fees for buying a 2nd hand apartment for 285000 euro. is this dear ? can anyone advise me if there's lower fees araound?

Noelie

it's a little high but not so much that your being ripped off, i'm being charged 1100 plus Vat and Land registery fee, was never told anything about outlays but they will probably be added on.

bullrunner

seems pretty standard what you are being charged....i'm being charged around 2400 all in (inc vat)...

Noelie

I just got my solicitor bill yesterday, the total was 2500, this breaks down as
1300 - Solicitor
650 - Land registry fees
150 - fees for searchs
355 - mortgage stamp duty

garred

I get charged a half percent of the value of the house/apartment.

jdivision

Noelie wrote:

150 - fees for searchs

I'd ask to see a receipt for that. Seems way too high for something so basic. It costs me e2.50 to do a land registry search and about the same to get a copy of the document.

Lex Luthor

Noelie wrote:

it's a little high but not so much that your being ripped off, i'm being charged 1100 plus Vat and Land registery fee, was never told anything about outlays but they will probably be added on.

outlays will be added alright...those prices OP quoted sound normal

jdivision

jdivision wrote:

Seems way too high for something so basic. It costs me e2.50 to do a land registry search and about the same to get a copy of the document.

Between the degree, Blackhall Place, and the apprenticeship, a Solicitor can take 6 years to qualify.

Taking up a copy document takes about 6 minutes.

I can take the giblets out of a chicken, maybe I should advertise as a neurologist...

Culchie

Recently sold a house, 0.4% was the legal fee charge.

brophy

I am in the middle of buying my house and when looking for a solicitor i must have rang around 30 - 40 solicitors. I am in dublin and am buying a house in meath.

House value is 317500

the cheapest quote i got for professional fee's was €950 witht he highest being up around €1900 and these were plus VAT.

Anyways went for a quote from a solicitors which is beside me just for convienence sake €990 +VAT with land registry and that, was told total would be €2400....................

dont know if this helps or not but anyways

Culchie

brophy wrote:

I am in the middle of buying my house and when looking for a solicitor i must have rang around 30 - 40 solicitors. I am in dublin and am buying a house in meath.

House value is 317500

the cheapest quote i got for professional fee's was €950 witht he highest being up around €1900 and these were plus VAT.

Anyways went for a quote from a solicitors which is beside me just for convienence sake €990 +VAT with land registry and that, was told total would be €2400....................

dont know if this helps or not but anyways

OK, well your house purchase is the exact same price as my house sale, I don't know do they charge a different fee schedule on buying and selling, however my solicitors fee was €1400 (all inclusive).

If anyone is looking for a good cheap Solicitor in the heart of Dublin who'll give you a quote and is very conscientious, PM me and I'll give you a name and he can give you a quote over the phone.