Conveyancing costs surge – what’s driving the jump?

house pricesA study by Property Solvers, now in its sixth year, shows that conveyancing fees continue to rise faster than general inflation, with standard freehold transactions seeing double-digit increases and leasehold and remortgage costs also growing.

In 2026, the average conveyancing fee for a freehold property sale is £1,317 (including VAT), up from £1,191 in 2025, a 10.6% increase. Freehold purchase fees have risen from £1,256 to £1,390, a 10.7% increase.

For leasehold properties, sale fees are £1,629, up from £1,506 (8.2% increase), while purchase fees have increased from £1,587 to £1,743 (9.8% increase).

Homeowners remortgaging face average fees of £783, up from £742 in 2025, a 5.5% rise.

The research assumes transaction values of £300,000, includes a mortgage being redeemed on sale or taken out on purchase, and excludes disbursements.

By comparison, the UK’s annual Consumer Prices Index (CPI) inflation slowed to around 3% in the year to January 2026, showing that conveyancing fees are rising well above general price increases.

Ruban Selvanayagam, co-director of Property Solvers, commented: “Conveyancers are operating under heavier regulatory and anti-money-laundering (AML) obligations, rising professional indemnity insurance costs and stricter lender panel requirements.”

“At the same time, with a notable number of sales not reaching completion – many firms report increased levels of abortive work, which must be absorbed into overall pricing,” he continued.

Selvanayagam also warned that although more conveyancers are incorporating AI-driven and digital platforms into workflows, caution should still be taken when selecting which firm to instruct:

“We strongly advise sellers and buyers not to choose a conveyancer on headline price alone. Suspiciously low quotes often exclude key elements or operate on high-volume, “low-touch” models. A clear written breakdown and an understanding of what is and isn’t included continues to remain essential.”

 

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