Legal Cover – What cover?
4 years ago | 7 comments
What is a Solicitor’s fee for signing a DPS form?
9:21 AM, 31st August 2022, 4 years ago
6
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Hi, I have completed a statutory declaration to retrieve a deposit from the DPS.
It has to be signed by a solicitor/commissioner of oaths/magistrate.
Does anyone know approx how much a solicitor will charge for this?
Thank you.
Annie
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Member Since February 2021 - Comments: 1
10:05 AM, 31st August 2022, About 4 years ago
They should charge no more than £5 just for the standard DPS statutory declaration. If they do, go elsewhere.
Member Since June 2022 - Comments: 18
10:31 AM, 31st August 2022, About 4 years ago
Our solicitor charges £10 per stat dec.
Member Since March 2015 - Comments: 124
10:50 AM, 31st August 2022, About 4 years ago
£5.00
Member Since July 2013 - Comments: 2002 - Articles: 21
11:19 AM, 31st August 2022, About 4 years ago
The official figure is £5. It has not risen in about 40 years! Allowing for inflation it should be £20 to £25. For most solicitors £5 will not cover the cost of them walking from their office to reception and back again, never mind the 3 to 5 minutes to exchange pleasantries and deal with the actual declaration.
By all means go elsewhere if you are asked for more especially if you value your own time very low too.
Member Since August 2016 - Comments: 508
2:02 PM, 31st August 2022, About 4 years ago
It was something like a guinea (£1 1Shilling) when I started Articles in 1965, now just £5!
Member Since November 2019 - Comments: 6
7:17 PM, 3rd September 2022, About 4 years ago
As a landlord i’d be happy to pay more. The only reason i take deposits is that the rent protection companies want it to cover the rent, that’s when i go down that route. Otherwise i don’t take deposits because the legalities around them can easily go wrong and that risk outweighs the deposit itself, coupled with the fact that if a tenant wants to “knock” you in any way or leave you out of pocket they easily can regardless of the deposit. It’s also something that normally is loads of aggravation to deal with at the end of tenancies. I expect tenants to leave properties in a condition that will require spending on them after a tenancy has ended, it’s a bonus if not. I like to look after tenants and fix things that break or need attention quick. I certainly wouldn’t want the hassle of arranging a Solicitor meeting as part of the deposit “jumping through hoops stuff” ….and embarrassingly put my hand in my pocket and only pull out a fiver too!