By Frances Traynor
19th October 2017
"Working in partnership is the secret to an less stressful completion."
When selling or buying a house or flat in Luton, you should instruct a property lawyer to look after the legal work for your move.
Homeward Legal's conveyancing team have vast experience helping home buyers and sellers in Luton and across Bedfordshire and our highly proactive approach means we complete the transaction faster than other firms.
Solicitors who handle all the conveyancing work for your house move for a fixed fee.
If for any reason your Bedfordshire move does not complete we do not charge you any solicitors fees for buying and selling a home.
With local expertise, our CQS solicitors will guide you through the whole of the conveyancing process.
No additional fees whatsoever.
To look after the legal work for you, when you sell or buy a house or flat in Luton, you ought to appoint a property lawyer.
Homeward Legal's conveyancing team has a huge amount of experience in helping home-buyers and -sellers in Luton and across Bedfordshire. With our highly proactive approach, it means we complete the transaction faster than other firms.
The problem with many law firms is that they promote what they call 'the cheapest conveyancing', but additional fees are frequently hidden in the solicitor's terms of engagement. Any disbursements to be paid should also be included on a conveyancing quote in a clear manner so that you know what you will be paying when the transaction is complete. At Homeward Legal, our quotes state all applicable costs, fees and disbursements in a clearly laid out way. Try our quote calculator, or give our team of experts a call on 0800 038 6699 to get a fixed-fee quote, reinforced with our guaranteed ‘No Move, No Fee’ promise.
If you want to do all your own conveyancing without appointing a lawyer, there is no legal reason why you shouldn’t. The truth is, however, that a property solicitor is very familiar with the large number of jobs associated with it (e.g. chasing retention releases, or checking for any restrictive covenants), which are more safely handled with by a skilled professional. The risk with undertaking it yourself is that you will incur delays, and possibly making the entire move fail. Even more importantly, do-it-yourself conveyancers are not covered by sufficient professional indemnity insurance that every solicitors’ firm must carry. Try using our quote calculator to see what our fixed-fee conveyancing looks like.
Homeward Legal strongly recommend that you order an inspection for your prospective purchase in Luton. To be clear, structural issues are not part of the conveyancing process and, without the building survey, there might be a range of issues that have a negative impact on the property (e.g. corrosion of pipework or chimney defects), these will not be adequately addressed before completion without a survey.
Homeward Legal are able to work in conjunction with most lenders who are approved by the Council of Mortgage Lenders (CML). A number of mortgage specialists operate in Luton, including:
On the face of it, such a relationship can appear to provide beneficial synergies, since the agent and solicitor know each other, and can assist in speeding the sale or purchase process up. However, many agents have arrangements with solicitors whereby they are paid a referral fee, and some agents may 'recommend' the firm which pays the largest referral fee, but which may not the most appropriate choice for you. Try Homeward Legal’s online quote calculator for a fixed-fee quote for all your conveyancing needs.
The Stamp Duty Land Tax (SDLT) due will depend on the property's value (i.e. the price it was bought for). SDLT is triggered once the purchase price goes over £125,000. An example of the duty owed would a charge of £20,000 on a property bought for £600,000. Note that the government’s budgeting and housing policies may change the rate or the trigger value. You might wish to use a stamp duty calculator like the one at www.stampdutycalculator.org.uk.
As part of the legal tasks that your conveyancing solicitor looks after, there will be a dialogue with the local authority responsible for billing you for your council tax. You will be supplied your home’s council tax band within the conveyancer's title report. Correct charges for residents of Luton are set out online at the Luton Borough Council site (see the public service information at the head of these FAQs). For the 2016/2017 period, the council tax rates are as follows:
Many buyers will correctly suggest that finding a communicative and efficient conveyancer is crucial to speedy conveyancing. But there are a number of tasks you can also do. These include: