Conveyancing Costs Rise Slightly in Q1 2026: What London Landlords Need to Know

Understanding the Recent Changes in Conveyancing Costs

In Q1 2026, conveyancing fees across the UK increased by approximately 3% quarter-on-quarter, reaching an average of £2,440. However, fees remain broadly stable year-on-year. This rise reflects regional disparities: Scotland and northern England experienced more marked increases, while London and the South East saw relatively stable pricing.

For London landlords, this suggests the need to budget for slightly higher conveyancing costs in upcoming property transactions. Rising operational expenses for conveyancers, including inflationary pressures on wages and investment in technology, are impacting profit margins. This may influence fee structures and processing times in the near term.

Why Conveyancing Costs Matter to Landlords

Conveyancing fees are a key element of property transactions, whether acquisitions, sales, or portfolio restructures. Single-unit landlords and accidental landlords benefit from accurate budgeting to avoid cash flow surprises.

Portfolio landlords and those managing Houses in Multiple Occupation (HMOs) face cumulative impacts when conducting multiple transactions. Even a moderate increase in fees can be significant given the volume of dealings and evolving market demands.

Practical Implications for London Landlords

• Budgeting for Fees: Expect London conveyancing fees near the national average of approximately £2,440, with possible slight increases reflecting inflation and regional market factors.

• Service Quality and Technology: Clients increasingly prioritise service quality and digital capabilities over lowest price. Conveyancers with efficient technology platforms and clear communication can help accelerate transaction timelines.

• Transaction Timelines: Rising operational costs may affect conveyancers' capacity, potentially leading to longer processing times. Choosing firms with reliable, tech-enabled workflows can help mitigate delays.

• Regional Market Monitoring: Although London’s fees are stable, monitor nearby regions’ cost changes that might indirectly influence service availability and pricing.

Tailoring Your Approach Based on Landlord Profile

• Single-Unit and Accidental Landlords: Opt for conveyancers offering competitive fees coupled with strong service and transparent timelines to avoid unexpected costs or delays.

• Portfolio and HMO Owners: Consider building ongoing relationships with conveyancing firms that offer bulk or repeat-client pricing and robust digital platforms to streamline processes.

Next Steps for London Landlords

1. Review Your Budget: Update financial plans to accommodate a modest increase in conveyancing fees.
2. Engage Early with Conveyancers: Contact firms demonstrating strong technological capabilities and client service for smooth transactions.
3. Monitor Regulatory Developments: Stay alert to government consultations or reforms affecting conveyancing fees and processes.
4. Schedule Portfolio Reviews: Coordinate upcoming transactions with legal advisers to anticipate costs and timelines.

How Rentals & Sales Can Support You

Our landlord intelligence hub offers tailored portfolio reviews and compliance audits, helping optimise transaction planning and cost management. We connect you with vetted conveyancing partners known for combining cost-effectiveness with high service standards and technology integration. Contact us to discuss your specific needs.

Disclaimer: This article provides general information and does not constitute legal or financial advice. Landlords should seek professional advice tailored to their circumstances before making property transaction decisions.