Residential Property

Residential Conveyancing Quotes

Our Residential Property specialists can help take the hassle out of Buying, Remortgaging and Selling your home. We provide a no obligation quote with no hidden fees and work with you to complete your transaction as quickly and smoothly as possible. Jackson Lees will liaise with your lender, estate agent, mortgage broker, solicitors, HMRC and Land Registry together with any other parties connected to your transaction. Whether you are a first time buyer or you have bought and sold many times before, we make sure you are kept informed throughout every stage of the process, answering any questions you may have along the way, whilst ensuring that all costs involved are clear.

What We Can Help With

Jackson Lees can help you with all aspects of dealing with your property.

We specialise in;

  • Buying and selling property
  • Freehold or leasehold titles
  • Transfer of equity
  • Remortgaging
  • Home equity release
  • Buying or selling at auction

We will liaise with Estate Agents, Lenders and Solicitors in order to ensure your Purchase, Sale, Mortgage or Transfer of Equity is completed quickly and efficiently.

If you are looking to Remortgage your Property, our team is on hand to make sure this process runs smoothly. We can also advise on Home Equity Release Mortgages, including the legal obligations that will be placed upon you if you choose to proceed with this option.

Speak to Jackson Lees

If you would like advice from our Liverpool Lawyers or Wirral Lawyers on any Residential Property matter, speak to our team online or by calling 0151 282 1700.

Our highly experienced team of Property Lawyers have helped countless clients with their conveyancing matters. We are proud members of the Conveyancing Association, a collection of the top specialist UK Conveyancers. The association aims to work proactively to improve the conveyancing process, and to formulate and implement best practice nationwide.

Whether you are buying or selling a property, or interested in transferring or releasing equity, we can help. Our lawyers can advise you on what needs to be done throughout the process.

FAQs

What is exchange of contracts?

Exchange of contracts takes place between the solicitors of the two parties (normally by telephone) and at this point the transaction becomes legally binding. At this point a completion date is set. The buyer will offer up a deposit at this point (usually 10%) which cannot be refunded if they pull out.

What is Stamp Duty and do I have to pay it?

You must pay Stamp Duty Land Tax (SDLT) if you buy a property or land that falls within certain price ranges in England.

If the property is in Wales the tax is different and you will pay Land Transaction Tax (LTT) .

The current SDLT threshold for residential properties in England is £125,000 and £150,000 for non-residential land and properties.

The amount of tax you will have to pay depends upon whether the property is for residential or non-residential/mixed use.

If you are buying a residential property there are different rates of SDLT if:

  • You are a First Time Buyer
  • You already own a property and are buying an additional property
  • You are not a UK resident’

What are searches and disbursements

Disbursements are expenses incurred during the conveyancing process paid by the lawyers to other third parties on your behalf, such as stamp duty, Land Registry fees,  and Searches. There are different types of searches that can be made on a property depending on its nature and location. We will advise you which ones are essential.

Searches are done to check the registers of various authorities in relation to the property including the local authority, water authority and environmental agency. They provide important information in relation to the history of the property which can enable you to make an informed decision before committing yourself to the purchase of the property.

Can I complete my house sale or purchase on any day?

No, unfortunately completion of your property sale and/or purchase has to take place on a working day, as the money used in the completion, or mortgage monies from a lender, will have to pass through the banking system. It is therefore not possible to complete on a weekend or bank holiday.

Related Information

Here are a few links that you might find useful: