What are Conveyancing Disbursements?
Conveyancing ‘disbursements’ are the additional fees and taxes that must be paid to various third parties by a solicitor, on behalf of the buyer or seller. Usually these are paid up-front, although some of the expenses will be added to the final bill and paid at the point of completion.
A conveyancer/solicitor will explain all the required fees, but the most common disbursements costs include;
- Title documents
- Property searches – e.g. Local Authority Search, Drainage and Water, and Environmental.
- Stamp Duty Land Tax and Land Registry fees.