Residential conveyancing fees stabilise, as leasehold fees rise sharply

Average residential conveyancing fees for freehold property transactions in early 2025 stood at £1,190.52 for sales, Property Solvers’ annual research into legal practices in England and Wales found.

For purchases, the average fee was £1,256.23, reflecting a 0.21% increase and a 0.74% decrease, respectively.

However, average conveyancing costs for leasehold property transactions saw significant growth.

Fees increased by 7.14% for sales, rising from £1,401.99 in 2024 to £1,505.80 in 2025, and by 6.16% for purchases, moving from £1,491.83 in 2024 to £1,586.65 in 2025.

Leasehold supplementary costs typically range between £250 and £600, with the seller bearing most of the financial burden.

Property Solvers also obtained remortgage conveyancing quotes based on a secured loan of £225,000, and revealed a 6.80% increase in average costs from £692.92 in 2024 to £741.67 in 2025.

The company approached 100 conveyancing firms for direct quotes, assuming a mortgage was being redeemed upon sale completion or that the property was being purchased with a mortgage.

The fees do not include additional disbursements such as telegraphic transfer charges, searches, or ID checks.

Ruban Selvanayagam of Property Solvers, said: “After rather aggressive price hikes in recent years, it would seem that conveyancing fees have stabilised to a certain degree – reflective of a somewhat more subdued inflationary landscape.

“Nonetheless, the complexity of leasehold property sales and what we see as the increased hurdles that conveyancers face when dealing with remortgages has seen an understandable increase in fees on these types of transactions.” 

Selvanayagam also warned against using “suspiciously cheap” conveyancing services.

He said: “Whilst more conveyancing firms are rightfully incorporating AI and other associated efficiencies into their processes, we would generally recommend steering clear of anything below the £500 price point.

“It’s often the case that such firms are operating a conveyancing-by-numbers approach which means you’re unlikely to be offered the best level of service.”

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