Fixed-Fee vs Hourly Conveyancing: Which Is Better?
When choosing a conveyancing solicitor, one of the first decisions is how they charge. The two main models are fixed-fee (one agreed price) and hourly billing (charged per hour of work). For most residential transactions, fixed-fee conveyancing offers better value and cost certainty.
Fixed-fee conveyancing charges one agreed price for the entire transaction, typically £399–£699 + VAT. Hourly billing charges per hour of work, often £150–£350/hour, with final costs unpredictable. Fixed fees offer cost certainty and are recommended by Conveyancing Solicitor for residential transactions.
How Fixed-Fee Conveyancing Works
With fixed-fee conveyancing, you agree a single price at the outset. This covers all the solicitor's work: reviewing contracts, ordering and analysing searches, liaising with the other party, managing mortgage requirements, handling exchange and completion, and post-completion registration. The fee does not change regardless of how long the transaction takes or how many calls and emails are exchanged.
How Hourly Billing Works
Hourly billing charges you for each unit of time the solicitor spends on your case. Rates typically range from £150/hour for junior staff to £350+/hour for partners. Every phone call, email, letter, and file review is charged. A straightforward purchase might take 15–25 hours, costing £2,250–£8,750. Complex transactions can exceed this significantly.
Cost Comparison
For a standard £250,000 property purchase: Fixed fee through our service: £449 + VAT (£539 inc. VAT). Hourly rate at £200/hour for 20 hours: £4,000 + VAT (£4,800 inc. VAT). Saving with fixed fee: over £4,000. Even at lower hourly rates, fixed-fee conveyancing is almost always cheaper for standard residential transactions.
When Hourly Might Make Sense
Hourly billing can occasionally suit very simple transactions (like a cash purchase with no chain) where minimal work is needed, or complex commercial property deals. For the vast majority of residential purchases, sales, and remortgages, fixed-fee conveyancing is the better choice.
Why We Recommend Fixed Fees
Cost certainty — you know exactly what you will pay before you start. No incentive to prolong — the solicitor is motivated to complete efficiently. Budget-friendly — easier to plan your moving costs. Transparency — no surprise bills at completion.
Frequently Asked Questions
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