Advice on payments for my flat

[Jimmy1983]

Evening all,

Iam currently in the process of purchasing my first flat, but Iam just after some advice really on if I can save or possibly get any cashback on the various payments that I have to pay, solicitors/things for my flat/other fees.

I was thinking maybe getting a cashback credit card-but I dont think there are any around at present.

Any advice would be appreciated

 

[Jimmy1983]

Anyone?

 

[firefilesuk]

ummm not really you just have to budget for these costs, maybe find the cheapest solicitor.

 

[jamief]

Evening all,

Iam currently in the process of purchasing my first flat, but Iam just after some advice really on if I can save or possibly get any cashback on the various payments that I have to pay, solicitors/things for my flat/other fees.

I was thinking maybe getting a cashback credit card-but I dont think there are any around at present.

Any advice would be appreciated

Things for your flat - yes, I'd imagine you could get a cashback CC for them.

Solicitors fees - you can probably pay by CC.

Stamp Duty afaik cannot be paid by CC.

 

[MarkDavis]

http://www.moneysavingexpert.com/cards/cashback-credit-cards

 

[kefkef]

I would imagine that if you pay by credit card to a solicitor they may charge a CC fee of a few percent on top to process the payment. Worth checking out first with a quick phone call before going to pay.

 

[Citizen420]

I am too on the process of purchasing my first property and im afraid to say that, afaik, you have to take the hit.

So far I have paid:

945 solicitor bill (conveyance 550 + 96.25 vat, insurance 10, registering disposition 200, registering standard security 30, inland revenue land transaction fee 58.75)

195 for survey/valuation (mortgage purpose)

And 99 quid booking fee for my mortgage


My solicitor fee was the cheapest in the city, according to everyone they are the worst but the cheapest...

 

[Citizen420]

I meant to say aswell, to the guy who mentioned stamp duty, if this is his first purchase I believe he is exempt of stamp duty.

 

[krooton]

I meant to say aswell, to the guy who mentioned stamp duty, if this is his first purchase I believe he is exempt of stamp duty.

Only if the property is worth less than £250k, which it most likely would be.

 

[a1ex2001]

do your own conveyancing it really is a dodle and saves a fortune, the solicitor you believe your paying for is probably a work experience kid.

 

[Citizen420]

do your own conveyancing it really is a dodle and saves a fortune, the solicitor you believe your paying for is probably a work experience kid.

I dont even know what conveyancing is!

 

[Jez]

So far I have paid:

945 solicitor bill (conveyance 550 + 96.25 vat, insurance 10, registering disposition 200, registering standard security 30, inland revenue land transaction fee 58.75)

It doesnt physically matter where your solicitor is. Convey UK (who i use) have been faultless and would have been less than half that price.

Thats expensive conveyancing for a simple purchase.