Legal Fees Explained: The Real Cost of Buying or Selling a House

Legal Fees Explained: The Real Cost of Buying or Selling a House

Author: Phil Spencer: UK Property Expert April 1, 2026 Duration: 8:53
Buying or selling a home involves more than just the purchase price. From legal fees to searches, Land Registry costs and Stamp Duty, understanding the true cost of conveyancing is key to planning your budget and avoiding surprises. In this episode of our conveyancing series with Napthens Solicitors, we take a closer look at the money side of the moving process. Whether you're a first-time buyer or preparing to sell your home, this episode will help you understand where your money goes and how to stay in control of your moving budget. To find out more about the legal process of buying a house, check out our recent videos on the channel. Enjoyed this video? Want to see more? Subscribe to the channel with the link below. That way, you won't miss any future uploads. 👉 VIDEO TIMESTAMPS ⏳ Chapters 00:00:00 Introduction 00:00:32 What are you actually paying for? 00:01:47 How solicitor fees are structured 00:03:10 The difference between fees and disbursements explained 00:03:50 Getting and comparing quotes 00:04:35 Typical costs for an average property 00:05:37 How stamp duty is calculated 00:06:29 Payment timeline and cash flow planning 00:07:23 What happens if the deal falls through? 👉 SUBSCRIBE TO OUR YOUTUBE CHANNEL 🔗 https://www.youtube.com/c/MoveiQ 👉 GET PHIL SPENCER'S ADVICE DIRECT TO YOUR INBOX ✉ 🔗 https://www.moveiq.co.uk/newsletter-signup/ 👉 VISIT OUR WEBSITE 💻 🔗 https://www.moveiq.co.uk/ 👉 VISIT NAPTHENS’ WEBSITE 💻 🔗 https://www.napthens.co.uk/personal-legal-services/residential-conveyancing-solicitors/ 👉 SUBSCRIBE TO NAPTHENS’ YOUTUBE CHANNEL 🔗 https://www.youtube.com/@napthensllp1503 ➤ CONNECT WITH MOVE iQ and NAPTHENS ON SOCIAL 📲 Instagram: https://www.instagram.com/moveiq/ https://www.instagram.com/napthensllp Facebook: https://www.facebook.com/MoveiQ/ https://www.facebook.com/NapthensLLP/ TikTok: https://www.tiktok.com/@philspencertv?lang=en LinkedIn: https://www.linkedin.com/company/move-iq/ https://www.linkedin.com/company/napthens-llp/

For over a quarter of a century, Phil Spencer has navigated the complexities of the UK property market, and he brings that wealth of experience directly to you. The Move iQ Podcast is a deep, practical resource that demystifies the entire process of buying, selling, and managing a home. Phil’s conversations go beyond simple tips, offering nuanced guidance on everything from deciphering market trends and negotiating offers to understanding the finer points of renovations and property investment. This isn't just theoretical advice; it's grounded, actionable insight designed to empower your decisions. You'll hear detailed discussions on financial planning, legal intricacies, and the often-overlooked emotional aspects of moving house. Whether you're taking your first tentative steps onto the property ladder or looking to strategically grow a portfolio, this podcast provides the clarity and confidence needed to navigate an often daunting landscape. Tune in for a straightforward, expert-led dialogue that treats property not just as a transaction, but as a fundamental part of your life journey. Each episode with Phil Spencer, a trusted UK property expert, is crafted to help you move forward with greater knowledge and assurance.
Author: Language: English Episodes: 100

Move iQ Podcast
Podcast Episodes
How to Get a Home Loan When Self Employed [not-audio_url] [/not-audio_url]

Duration: 5:50
Phil sits down for a chat with Andy of Skipton Building Society as he outlines the considerations and paperwork you'll need if you're self employed and looking to secure a mortgage. Tune in for: Who qualifies as self emp…
Shared Ownership is it a Good Idea? [not-audio_url] [/not-audio_url]

Duration: 5:51
Shared ownership isn't for everyone - but if you're a first time buyer it could be the option for you. In association with Skipton Building Society we share the pros and cons of shared ownership to help you decide if its…
First Time Home Buyer Insurance [not-audio_url] [/not-audio_url]

Duration: 7:20
Breaking down first time home buyer insurance if you about to become a #firsttimebuyer. In associaiton with Skipton Building Society we've broken down the basics. Tune in for: Types of insurance Policy add ons to conside…
Buying a House For The First Time [not-audio_url] [/not-audio_url]

Duration: 9:52
If you're buying a home for the first time you're in the right place. First Home Focus is brought to you by Move iQ in association with Skipton Building Society helping all first time home buyers get onto the property la…
What is a Guarantor on a Loan [not-audio_url] [/not-audio_url]

Duration: 6:29
We share what a guarantor on a loan means if you're a #firsttimehomebuyer aspiring to buy your first property. Emma from Skipton Building Society sits down with Phil to explains how income booster mortgages work and the…
Are Build to Rent Homes in the UK too Expensive? [not-audio_url] [/not-audio_url]

Duration: 24:38
Phil chats with Rachel Hanniquet-Brooking, an operator of build to rent schemes and adviser to Propertymark on this growing sector of the UK housing market. Despite only, currently, forming a small part of the private re…
Housing Market 2025 | Whats Ahead? [not-audio_url] [/not-audio_url]

Duration: 32:18
As we close out of 2024 UK housing market we look at what's ahead for 2025. Phil checks in with Nathan Emerson of Propertymark to get the latest on the UK housing market as well as answering some of your questions. Tune…
10 First Time Buyer Mistakes [not-audio_url] [/not-audio_url]

Duration: 7:46
Here are 10 first time buyer mistakes so you can avoid them! Brought to you by Move iQ in association with Skipton Building Society, Louise Gookey shares our insight to help all aspiring first-time homebuyers get on the…
How Does a Mortgage Work [not-audio_url] [/not-audio_url]

Duration: 19:26
Join Phil Spencer and mortgage expert Umera Patel, in collaboration with Skipton Building Society, as they tackle common questions for first-time homebuyers. Essential advice for anyone aiming to buy their first home! Tu…
Mortgage Offer for First Time Buyer [not-audio_url] [/not-audio_url]

Duration: 5:04
Having a mortgage offer as a first time buyer is exciting - you've been approved 🙌 Joining Phil to explain a bit more about mortgage offers, how long they last and what to do if you need to extend is Andy from Skipton Bu…