Compare conveyancing solicitors and you will be able to find the best offers and prices. It doesn’t take long when using a dedicated comparison site and it could save you hundreds of pounds.
You will also need a conveyancer if you enter into a shared ownership deal with a Housing Association.
Shared ownership can be a wonderful way for those who might not otherwise be able to get on the property ladder to have a share of a house owned by a Housing Association. Individuals pay rent on the share they have not bought. Conveyancing solicitors are just as important in this process as any other. However, there are some downsides to shared ownership that you should take into account.
The first is that it can be difficult to sell the property on once you have decided to move. The reason is that the Housing Association can sometimes request that you buy the full ownership before selling the property on. This can cause big problems. Another issue with shared ownership is that you will often be required to pay stamp duty on the full valuation cost of the property rather than on the share you have purchased.
Compare conveyancing before embarking on this kind of property purchase and discuss your options with your solicitor and your mortgage advisor – they may be able to offer an alternative. If you are aware of the potential problems and they are not an issue for you, then it is a good way to buy a property.
Compare conveyancing solicitors and you won’t have to worry about paying too much for the service you are getting.
When you need to compare conveyancing, come to Conveyancing Index at https://www.conveyancingindex.co.uk and use our online tools to save money.
Call us on 0203 874 2020 if you have any queries.