I am in the throes of porting my domestic mortgage to a BTL Chelsea Building Society mortgage. The bank has said that I need a lawyer as part of the process. I got in contact with my past South Croydon conveyancing firm who acted on my behalf when I first purchased the house. The fee estimate e-mailed to me of just over five hundred pounds has shocked me as its a refinance than a sale or purchase.
The costs illustration is fractionally on the steep side. If you shop around you may be able to shave off some of the expense by say £100 plus VAT. That being said, if you were happy with the conveyancing the firm gave you couldcome to regret opting for an an untested conveyancer. Remember to enquire that the solicitor can also act for Chelsea Building Society. You can use our search tool to choose a South Croydon conveyancing firm on the Chelsea Building Society conveyancing panel, which can often include conveyancing solicitors in South Croydon.
Do the conveyancing lawyers that you recommend execute conveyancing in South Croydon by way of an attended exchange?
There are a few conveyancing specialists who can conduct 24hr exchanges. Do contact us to get a fee calculation and details as to availability.
Can I use your services to recommend a Conveyancing solicitor in South Croydon even where I’m not purchasing or selling a house, for instance if I want to acquire a shop in South Croydon with a mortgage from HSBC Bank?
The service is primarily used to find domestic conveyancing solicitors in South Croydon but we have recorded at the end of this page a few South Croydon commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they can also act for HSBC Bank
The estate agent has sent us the confirmation of our purchase of a new build apartment in South Croydon. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in South Croydon
-
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Do I need to be concerned about estate agents that I am dealing with are suggesting a factory type conveyancing firm rather than a local South Croydon conveyancing firm?
As is the case with many professional services, often recommendations from connections can be worth their weight in gold. Nevertheless there are many parties with a vested interest in a conveyancing deal; estate agents, financial adviser and lenders may suggest conveyancers to select. On occasion these conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there is an underlying financial incentive behind the endorsement. You are at liberty to select your own lawyer. Don't forget that many banks specify a panel list of lawyers you must use for the mortgage aspect of your house move.