Advice: Solicitor % Fees
Mar 27th 2007, 6:16 pm
#17
Smarties
Joined: Jan 2007
Location: Liverpool, soon to be Hondon De Las Nieves
Posts: 238
Re: Advice: Solicitor % Fees
Ah hang on if the solicitor is classed as self employed then he must levy IVA at 16% on all services. The IVA on the property is 7% but it seems the solicitor charges 16% under the rules of self employment for his services.
Mar 27th 2007, 6:27 pm
#19
Senior Moment
Joined: Jan 2006
Location: On the edge
Posts: 20,460
Re: Advice: Solicitor % Fees
Carolina Just Miro in Gandia. I had a right numpty before that who never did anything unless I threatened her with serious bodily harm, but Carolina is a bit Rottweiler like and once she gets hold of a job she doesn't let go ... sorted out a few problems for us and is quite reasonable.
Mar 27th 2007, 6:44 pm
#20
BE Enthusiast
Joined: Mar 2006
Location: Oliva
Posts: 452
Re: Advice: Solicitor % Fees
Carolina Just Miro in Gandia. I had a right numpty before that who never did anything unless I threatened her with serious bodily harm, but Carolina is a bit Rottweiler like and once she gets hold of a job she doesn't let go ... sorted out a few problems for us and is quite reasonable.
We have a fab lawyer too.....he did our wills recently, and we were skint but obviously would've paid him after seeing the notary....but when we asked when to pay ...he said "you pay me next week, next month, next year, no pasa nada....."
How lush is he?????
Just making sure you were happy with your lawyer...sorry if the spelling or grammar is a bit cr*p but Issy my 2yr old daughter just DELETED the message TWICE...aaaaaaaaaaaaaaaaarrrrgh
Mar 27th 2007, 6:56 pm
#21
Senior Moment
Joined: Jan 2006
Location: On the edge
Posts: 20,460
Re: Advice: Solicitor % Fees
Mar 27th 2007, 7:36 pm
#22
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Joined: Mar 2006
Location: Oliva
Posts: 452
Re: Advice: Solicitor % Fees
The trust of the Spanish people who I've came across is something you can not take for granted...it is so endearing.
That's why you just want to give them more, or at least a bottle or box of something nice.
Awwwww love makes the world go round..not MONEY.....
Mar 27th 2007, 9:32 pm
#23
Forum Regular
Thread Starter
Joined: Aug 2005
Posts: 139
Re: Advice: Solicitor % Fees
Looks like ive been had again. If there are self-employed solicitors out there having to get us to pay more than double IVA, then how do they get enough work???!!!
Yours, tired n fed up, but grateful for all above who posted to help me out.
mrs tediously tea-ed off teapot.
Yours, tired n fed up, but grateful for all above who posted to help me out.
mrs tediously tea-ed off teapot.
Mar 27th 2007, 10:18 pm
#24
BE Forum Addict
Joined: May 2004
Location: Guadalhorce Valley, Málaga
Posts: 1,059
Re: Advice: Solicitor % Fees
7% is for transfer tax or IVA on the purchase of the property. The IVA on fees for professional services (and those of a lawyer) whether self employed or through a company is 16%. A fee of 1% of the purchase price with a minimum of €1.500 is normal (as long as he does the job properly!)
Make sure you get a properly receipted bill as this can be set against your Capital Gains Tax when you sell.
Make sure you get a properly receipted bill as this can be set against your Capital Gains Tax when you sell.
Last edited by Beachcomber; Mar 27th 2007 at 10:20 pm.
