How much to complete a form SDLT1?

[D P Dance]

A firm of licensed conveyancers, both partners of which are solicitors, has quoted me £125 + v.a.t. for completing on line HMRC form SDLT1. According to the HMRC website, this form can be completed by anyone in 10 minutes. A comprehensive guide to its completion is provided on line.

 

When I queried this with them they offered to reduce it to £100 but this still seems to me to be excessive remuneration for a few minutes work. In any case, why is this not included in their legal fees as most mortgagors insist that the payment of SDLT is done by a solicitor.

[Ganymede]

Check your original quote again.

 

The SDLT fee should be listed separately in the quote you agreed.

[D P Dance]

It is listed separately, £125 + v.a.t., but why, and why so much, it is a ten minute job for the office junior.

[Ganymede]

That's just the market rate.

 

I assume you agreed to the quote?

[D P Dance]

No, I did not, I told them that they were being excessively greedy and placed my business with a local firm of well established family solicitors whose quote was in fact a few pounds less.

[Andyorch]

For information :-

 

http://www.hmrc.gov.uk/sdlt/sdlt1.pdf

 

http://www.propertyinvestmentproject.co.uk/blog/stamp-duty-tax-form-sdlt1-form/

 

Regards

 

Andy