Just been in touch with my conveyancing lawyer in Oxted who completed the legal work 18 months ago asking for a conveyancing estimate based on an identical type of house sale & purchase (a leasehold property and a freehold property) of almost identical values with a loan from Bank of Scotland. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The costs illustration is fractionally on the steep side. If you shop around you could get the conveyancing a bit cheaper by say £125. On the other hand, providing that you were satisfied with the service the firm offered you maycome to regret opting for an an untested conveyancer. Remember to ensure the firm can represent Bank of Scotland. You can employ our search tool to locate a Oxted conveyancing firm on the Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Oxted.
My brother-in-law has suggested I instruct a conveyancing solicitor in Oxted. I need to find out whether they are on the Aldermore approved list of lawyers. Can you advise?
The first thing you should do is phone your conveyancer and ask them whether they are on the lender panel. Otherwise you can get in touch with Aldermore who may be able to confirm.
A colleague suggested that where I am purchasing in Oxted I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Oxted conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Oxted around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Oxted Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Oxted.
How does conveyancing in Oxted differ for newly converted properties?
Most buyers of new build premises in Oxted come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is finished. This is because new home sellers in Oxted tend to acquire 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 accustomed to new build conveyancing in Oxted or who has acted in the same development.
When it comes to my conveyancing in Oxted should I be charged 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 Oxted conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.