The article below is an interesting read and compares conveyancing prices nationally.
Whilst it is good to be competitive, Conveyancers have historically under-charged, whereas Estate Agents have not. This accounts for the huge difference in fees.
Fierce competition between law firms resulted in fixed fees becoming commonplace and a race to the bottom.
in the aftermath of Covid most firms realised their worth and put prices up.
Don't forget that the government heavily regulates Conveyancers and has made them the front line in the fight against ID theft, property fraud and money laundering.
Conveyancers must verify identity and source of funds - adding to an already overburdened workload. Someone has to cover the cost of this.
Know your worth. Charge accordingly.
