Selling a property
Our expert conveyancing solicitors will provide you with a full advice service for all your property sale needs. This includes:
- Home reports – your appointed solicitor will offer their expert advice in order to make sure your home report is compiled in accordance with the law. A home report should contain a single survey, a property questionnaire, and an energy report which must be handed over to the buyer before the sale can be confirmed.
- Sale negotiation – you do not have to worry about conferring the selling price, as our expert solicitors will do that for you. They will also accept any purchase offers on your behalf and, once the sale has concluded, they will draw up a binding purchasing agreement.
- Post-sale paperwork – your solicitor will handle any additional checks after the sale of the property, such as drawing up new deeds for ownership transference, collecting sale monies, organising repairs, and mortgage-related issues.
Buying a property
St Helens Law offers a step by step service to support you when buying a property. Our services include:
- Property search – our expert solicitors can offer you all the information you need about current properties available in your specified area. They will also liaise with selling agents in order to submit a note of interest for a specific property (this should not be confused with making an offer).
- Property information – your solicitor will ensure that you are provided with a home report, which should give you all the information you need regarding the property before making a purchasing decision. This will also include a survey report. If your mortgage provider requests a more detailed report, this can be arranged by your solicitor.
- Making an offer – once you have decided on a property, your solicitor will offer their expert advice regarding the offer price, and they will draw up a formal offer to the seller. If your offer is accepted, your solicitor will work with you to draw up a written acceptance that reflects your best interests, which is submitted to a selling agent. If there are no outstanding points, the sale should go ahead without any interruptions, and a legally binding contract will be drawn up by both parties. Before signing the contract, your solicitor will explain the implications of the contract and the penalties that will occur if you opt out of the contract after signing. You will also be required to pay a deposit for the property at this stage.
- Ownership documents – these will be overlooked by your solicitor to ensure that everything is in order and, once they are happy with the assessment, they will then explain all your rights and restrictions in relation to the property.
- Purchase completion – this involves the final transfer of the remaining funds, which confirms your legal ownership of the property. At this stage, you should ensure that you obtain appropriate property insurance which starts from the date of completion.
The process of re-mortgaging involves changing your mortgage lender on your property. This can be useful if you wish to borrow money, find a better deal, or if your financial status has changed.
If you are considering re-mortgaging your property, our experienced conveyancing team can assist you with the entire process. Our expert team will provide a stress-free service, and will help to find the mortgage that is right for you.
Equity release is an option to consider for anyone who is of retirement age and looking to renovate, as it allows you to release equity from your property in exchange for the money you need to invest.
Our experienced property solicitors can offer you the best legal service regarding equity release schemes, ensuring that you find a plan that suits your needs and budgets.
The current zero rated threshold for Stamp Duty Land Tax (SDLT) affecting residential property purchases up to £500,000 comes to an end on 30 June 2021.
In July, August and September, the zero rated threshold will be reduced to £250,000 returning to £125,000 from 1 October 2021.
For clients looking to purchase property over £250,000 we can give no assurances that completion will take place by 30 June 2021. Therefore, we would recommend you budget for SDLT and not to instruct SHL Solicitors if you are only able to proceed if completion is achieved by 30 June 2021. SHL Solicitors cannot guarantee completion by 30 June 2021.
During this period we are experiencing high levels of enquiries. We do endeavour to respond to all enquiries as soon as possible. We would kindly ask that you allow us time to reply. SHL Solicitors greatly appreciates your understanding.