Buying a house is one of the greatest investments we can ever make. Unfortunately, however, it isn’t as simple as popping to the shops and handing over your hard-earned cash. There are many legal aspects involved with property purchases, and that’s why the Fodens team is here to help guide you through the process, keeping you up-to-date and in control.
There are many stages to a property purchase and this can become confusing, which is why it’s a great idea to have a solicitor on your side to keep the ball rolling. Once you have agreed the sale, we will take charge of all the legal contracts, giving regular updates and making sure all the correct forms get signed at each stage. The whole process can be long, complex and stressful, so having someone to support you and keep everything organised is invaluable.
Although this isn’t a legal requirement, we would highly recommend getting a survey in order to protect your investment. An assessment of the property carried out by a qualified surveyor can help point out any costly faults to the property that would otherwise go unnoticed. This not only saves you the grief of any unwanted surprises, but you could also use this to ask for the cost of repairs to be taken off the asking price, saving you money further down the line.
Homebuyers must pay Stamp Duty Land Tax on every property over £125,000, or £300,000 for first-time buyers. Taxes are a burden that nobody likes to deal with, especially when buying a house. With all the other excitement going on, it’s easy to forget and end up with extra fees for delayed payments. Our solicitors will make sure that all the correct documents are completed and your tax is paid on time, leaving you with one less thing to worry about.
Buying a property should be an exciting time, but it is often overshadowed by the stresses of complex legal documents and processes. Our solicitors are on hand to take away those stresses and make sure that everything goes without a hitch, helping you take the easy road towards your new home.
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