Conveyancing in Crystal Palace
Conveyancing is the legal transfer of a property from a seller to a buyer. handled by a solicitor or licenced conveyancer. If you're looking for a conveyancing solicitor in Crystal Palace, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have years of experience helping homemovers in Crystal Palace and throughout Lambeth handle their sale, purchase, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Buying property in Crystal Palace
An area in South London, Crystal Palace is known for its park, sports centre, and the Crystal Palace Transmitting Station. Popular residential areas include Gipsy Hill and Anerley. Crystal Palace has a railway station and an Overground station, providing links to central London. Crystal Palace has a population of approximately 15,000.
Council Tax in Crystal Palace (2023/24)
Crystal Palace is in London Borough of Lambeth.
Band | Amount |
---|---|
A | £1,174.60 |
B | £1,370.37 |
C | £1,566.13 |
D | £1,761.90 |
E | £2,153.43 |
F | £2,544.97 |
G | £2,936.50 |
H | £3,523.80 |
What do Crystal Palace conveyancing solicitors do?
During a property purchase, a conveyancer will handle all the legal elements of buying a property. This means carrying out comprehensive due diligence on the property, including raising enquires, applying for searches from local authorities (e.g. Lambeth Council), handling the transfer of funds and registering your ownership of the property.
Crystal Palace conveyancing solicitors may also carry out checks for issues related to flats, such as spiralling ground rents.
Are you buying a home with a mortgage?
If you are buying a house or flat with a mortgage, your solicitor will investigate the property to confirm that the property is worth the loan that the bank or building society will provide.
Acceptance on a lender's panel means your solicitor can act on behalf of your chosen lender.Over 100 banks and specialist lenders have approved our chosen partner solicitors, so we can help you complete your Crystal Palace transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We have also helped Crystal Palace home buyers with the legal work for:
When buying a property in a Crystal Palace conservation area, your lawyer will need to check for planning approval issues, e.g. visible satellite dishes and antennas, and lack of consent for demolished outbuildings or walls. Conservation areas in Crystal Palace and the Lambeth local authority include:Conservation areas
Shared ownership refers to buying a share in a house or flat (usually 25% to 75%) from a registered provider of social housing. Purchasing a shared ownership home can be more involved than buying your home outright. Our panel of solicitors has extensive experience handling shared ownership conveyancing (including staircasing).Shared Ownership Conveyancing
Leasehold property
requires a number of extra steps when compared to buying a freehold. The many potential traps lying in wait for an uninformed purchaser can include legally technical issues like unpaid service charges by the existing leaseholder and unfair clauses in the lease.
Your solicitor will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling property in Crystal Palace
When selling a property in Crystal Palace, your conveyancer will arrange all the necessary documentation, including assorted property information forms and the contract of sale.
The solicitor's duties entail responding to the buyer's solicitor's questions, overcoming hurdles such as restrictive covenants and handling the mortgage redemption.
By taking steps to coordinate with all parties, including estate agents and banks or building societies, your conveyancing solicitor will ensure the sale is completed successfully.What do I need to know if selling a leasehold property in Crystal Palace?
Conveyancing for a leasehold flat or house is quite a lot more protracted in comparison with a freehold house.
Leasehold complexity involves additional work on the part of conveyancing solicitors in Crystal Palace, including getting all relevant freeholder information, through to insurance premium details accounts.
To help mitigate the delays involved in selling a leasehold property, It is strongly advised that the seller instruct a property lawyer as soon as possible.
Conveyancing for selling a property
Remortgaging a property in Crystal Palace
The base interest rate is 5.25% (9 December, 2024)
Before instructing, it's important that you double-check your conveyancer's lender panel status.
Our remortgage panel solicitors are on the legal panels of over 100 lenders. Whether you are changing to a discount mortgage with Bank of Ireland or taking out a 10-year tracker rate from Aviva, our panel solicitors will make the process as simple and stress-free as possible.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in Crystal Palace
If you are looking to change the ownership shares of a property, whether you are adding one or more people to the deeds, gifting a share of a property or estate planning, you'll need to carry out a transfer of equity.
Your legal representative can handle the legal work for a low, fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
Conveyancing costs in Crystal Palace: What to expect
When comparing solicitors' fees, conveyancing quotes may include several unfamiliar terms and concepts:
Legal fees
These fees are paid to your solicitor or conveyancer for the tasks they complete. The conveyancing quote should clearly detail the legal fees, including VAT, that you pay when the property transaction is complete.
Disbursements
Disbursements are third-party expenses incurred during the purchase, sale or other conveyancing transaction. Third-party disbursements include Local authority searches, Stamp Duty or a British waterways search.
Check for additional fees
If you are comparing quotes, beware of hidden charges not mentioned in the initial conveyancing quote. Some solicitors' quotes may include additional charges in the small print, resulting in a total cost that's much higher than the initial quote.