Bookshops have a growing number resources going into great depth on DIY conveyancing e.g. Which? Guide to Doing Your Own Conveyancing . Do I have to use conveyancing solicitor in Low Fell for my home move?
Legally speaking there are no arguments why a home mover shouldn't look after the greater majority of the legal work unaided.
However, a conveyancing solicitor is in charge of a huge number of skilled tasks including chasing outstanding papers or handling retentions which require the relevant training.
How much effort is it to sort out a house in multiple occupancy (HMO)?
A house in multiple occupancy is defined as a property where at least three tenants live forming more than one household (one person or more living together), but share kitchen and bathroom facilities.
As a landlord of an HMO, your responsibilities include ensuring proper fire safety measures are in place, gas safety checks are completed annually, the electric system is checked every five years, there are sufficient bathroom and kitchen facilities for everyone to comfortably use, communal areas are kept clean and safe to use, and waste disposal is managed effectively (provision of bins and bags).
This requires more effort than having a property to rent to one household, and you may wish to employ a solicitor to sort out the legal side of things in the first instance, and a property management company to handle the administration, disputes, etc. on a daily basis.
Homeward Legal's experienced solicitors have completed many different transactions including properties for HMOs. Why not give us a quick call now on 0800 038 6699 to get your conveyancing under way today?
Why is it silly to buy a leasehold with less than 99 years to run?
In large part, if a leasehold drops below 90 years, it’s because mortgage companies will not be willing to lend money to purchase the leasehold. They will almost certainly have a stipulation on the length of the leasehold as part of their criteria for lending.
Most buyers are very aware of this and the trend is for an insistence of the sellers to provide an extension back up to the 99-year or 125-year thresholds before considering its purchase. Otherwise, even if you can finance it, eventually you’ll have to consider the legal cost of extending the lease yourself.
In respect to the major flooding in Sept 2012 in North East England I am wondering if environmental searches might not be thorough enough?
A solicitor in Low Fell should always apply for environmental searches if the environmental conveyancing searches identifies a significant risk Low Fell flood risk.
You could always speak to a neighbour or local resident to get extra confidence.
How do we get out of paying for stamp duty tax?
We do not recommend any form of stamp duty mitigation, as such schemes are often uneconomical and unreliable. There have been a number of government-sponsored schemes, such as relief for buyers in 'disadvantaged areas'.