Best price conveyancing fees can be found if you shop around and do your research. Alternatively, you can try price comparison websites. These great websites offer the chance to save time and worry by showing you exactly which conveyancers will work best for you and your circumstances.
Some house transactions are not made in order for the buyer to move into the home themselves. They are instead purchased in order for the buyer to rent the property out. This is known as ‘buy to let’ and conveyancing solicitors across the country can assist with this kind of purchase.
If you do choose to buy a property with the express intention of letting it out, and if you already have a home in which you live, then conveyancing fees may be different. This is mainly due to the stamp duty thresholds varying between the two scenarios. In fact, in this situation, stamp duty will have an extra three percent on top of the usual cost. This price increase applies to all properties with a purchase price of £40,000 or more. However, if you purchase a houseboat, caravan, or mobile home then the increase does not apply.
Be aware that if you buy a new home with the intention of living in it as your sole property, but the sale of your current property is delayed for any reason, they you will be liable for the higher rate of tax because you own two properties. You can however, request a refund should this happen.
To find the best price conveyancing fees, take advantage of Conveyancing Index’s comparison website at https://www.conveyancingindex.co.uk. This website offers you the chance to save over £300 on average on your conveyancing fees.
If you require more information or have any questions, please do get in touch on 0203 874 2020.