I am obtaining a mortgage with Nat West. I would like to use a Licensed Conveyancer in Crystal Palace. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
What is your number one tip for choosing a conveyancing solicitor in Crystal Palace
It would be unwise to be swayed by the cheapest Crystal Palace conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
We previously appointed conveyancing lawyers with offices in Crystal Palace on the Clydesdale solicitor approved list. They are now charging me an additional fee for the legal aspects of the Clydesdale mortgage. Is this a supplemental conveyancing fee set by Clydesdale?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancer may levy a fee for this. The fee is not dictated by Clydesdale but by your Crystal Palace solicitor. Plenty of firms on the Clydesdale panel will charge ’dealing with mortgage’ fee but many firms include it on their overall fee.
My fiancee and I are in the process of looking at flats in Crystal Palace and I am now considering a potential offer. Is it sensible to have a lawyer on ‘stand by’? I will be getting a home loan with Yorkshire BS.
It would be sensible to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. Given that you are taking out a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
How does conveyancing in Crystal Palace differ for new build properties?
Most buyers of new build premises in Crystal Palace contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because builders in Crystal Palace typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Crystal Palace or who has acted in the same development.
My company is wishing to lease a unit on a shopping parade. Can you recommend solicitors offering competitive fees for commercial conveyancing in Crystal Palace for less than 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Crystal Palace, including the disposal and acquisition of businesses as well as simply premises. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. As for the costs this will depend on the structure and terms of the proposed transaction. Please provide us with your contact information or call so as to enable us to furnish you with comprehensive commercial conveyancing calculation.
When it comes to my conveyancing in Crystal Palace should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Crystal Palace conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the lawyer's time in submitting the funds this way.