Gordon Gekko
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The Section 68 letter is essentially a form of Engagement Letter, or approximates thereto. In theory, it's supposed indeed to cover off agreement on fees but in practice this can be worded in terms so loose as to be almost meaningless.How did the solicitor take the job in the first place if no Engagement Letter was signed?
Surely costs were covered-off at that point?
i.e. when AML documents etc were provided.
As far as I know, and I may be wrong, there is a very good excuse for you not to ask; the solicitors legal obligation to provide you in advance with an estimate of costs. It is called a section 68 letter.That really is no excuse for you not to ask. How long does it take to ask for an estimate?
Brendan
The OP has created much interest.....he's keeping us in suspense here!
Again I’ll ask what does the value of the property sold have to do with it ?It looks low to me. Around 1% ex at?
But it's apples and oranges if people aren't breaking out folio costs, land registry, stamp duty, etc.The op just wants to know what you guys may have paid for a similar service so he can compare.
Great point. Very little i would say. With that in mind im revising my original view on it. Its high.Again I’ll ask what does the value of the property sold have to do with it ?
I’ve posted solicitors that are doing it for 1000 + 1300 plus outlay in 2023But it's apples and oranges if people aren't breaking out folio costs, land registry, stamp duty, etc.
FWIW in 2013 I got a flat-rate conveyancing of €700 plus VAT but those days are over.
Just wondering if any of these solicitors will quote in that price range for a job that has to beI’ve posted solicitors that are doing it for 1000 + 1300 plus outlay in 2023
done in a rush.
no idea but either way 7k is a rip off.Just wondering if any of these solicitors will quote in that price range for a job that has to be
My other guess is that Fistophobia will keep us waiting and waiting!
You should definitely complain to them on this ground - it is a basic legal requirement - and use it if possible as as basis for negotiating a discount.Hold on people...I have a life offline also.
They charged 1% plus VAT, other search, folio fees.
I got no S68 form in advance.
I should have checked before giving them business, as now its too late.
I got no S68 form in advance.
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