Buying your first home or moving to a new one can be an exciting and emotional time. Many buyers and sellers in residential matters are eager to get the deal over the dotted line and exchange. Our expert conveyancing legal team will make sure the legal matters are taken care of from property searches to ensuring the contracts are understood and in your best interests. Found the perfect property or ready to sell? Leave the residential conveyancing to us, so when you get your hands on or pass on the keys, you can celebrate in confidence.
Once the sale is agreed, the purchase can take from 4- 8 weeks depending on searches and replies. It is important to choose a solicitor that will act promptly and thoroughly.
Searches are £249 at Waterstone Legal.
You can request a quick quote here to confirm the legal costs of selling your property.
Yes, it is essential to have a solicitor to handle the purchase of a property.
The deposit to buy a home can range from 5% – as high as you would like to go. Properties can also be purchased as full cash purchases.
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Our conveyancing solicitors are dedicated to completing your transactions as quickly as possible before 31 March, 2025 (SDLT increase deadline). However, because of the involvement of multiple parties in your transactions that are beyond our control, we are unable to guarantee completion. Therefore, if completion does not take place by 31 March, 2025, we will not be responsible for any increase in SDLT payable. In the event that your matters are not completed before 1 April, 2025, please make sure you have sufficient funds to cover the additional SDLT.
1. The threshold (being the amount of the purchase price that will be free from Stamp Duty) is currently £250,000. This will be reduced to £125,000.
2. The threshold for First-time Buyers Relief over which SDLT will be payable is currently £425,000. This will be reduced to £300,000.
3. The maximum purchase price for which First-Time Buyers Relief (as above) can be claimed at all is currently £625,000. This will be reduced to the previous level of £500,000.
If you are purchasing a property, and are in any doubt please visit the governments stamp duty calculator at https://www.tax.service.gov.uk/calculate-stamp-duty-land-tax/#!/intron. Where possible we will have given you advice on the different amounts payable before and after the change but if you have any further queries, then please do let us know.