New Year, New Move
December 5, 2023 11:49 am - Categorised in: Conveyancing / Moving Home, EFN-News, Residential Property
The run up to Christmas is an exciting yet hectic time, especially if you have secured a moving date in December. Should you decide, instead, to stay put for the festive season and initiate your property search in the New Year, there are some actions that can be taken in the lead up to Christmas which will get the ball rolling for January.
Request your quote
Requesting a quote for our conveyancing services could not be easier; please either call any of our four branches based in Nottingham and Derbyshire or send a request via our website at www.ellis-fermor.co.uk. Alternatively, you can visit one of our branches and a member of the conveyancing team will be happy to assist. Once we have provided a quote, we do not in any way consider that you are obliged to use our services, therefore there will be no pressure to act until you are ready. It is, however, very helpful to know how to budget when it comes to legal costs and the search fees which you are liable to pay during a transaction. Requesting a quote early is a useful first step.
The information required includes the following; the property address and the type of the property you are buying and/or selling (for example, if it is leasehold or a new build) and an approximate value (should you not be certain of the exact value at the time). If any details were to change between receiving the quote and being ready to engage a solicitor, please let us know and we can amend your quote if necessary.
Please contact us for a quote or to ask any queries.
Get a head start on your paperwork
Sale paperwork
Provided you have received a quote for selling your property, you are welcome to commence with our services before a buyer is in place. Sending your paperwork to the team early on in the process means they can get the ball rolling, then as and when a buyer is secured, the relevant information will already be in place.
Purchase paperwork
Whilst you will need to arrange which property you are planning to purchase before you receive your initial purchase paperwork, you can get the process off to a swift start by preparing the relevant information in readiness. At the beginning of a purchase, we will ask you to declare:
- The source of your funds
Perhaps you are funding the purchase using sale proceeds, receiving a gift from a relative or have plenty in your savings pot for a deposit. In any case, we will ask you to declare this information and provide bank statements as evidence.
- Your tax position
We will need to know whether you are a first time buyer or whether you will own more than one property once you have completed on your new purchase. This is so that we know how much stamp duty land tax (SDLT) you are liable to pay.
- Who you are purchasing the property with
It is important for us to know who you will be purchasing the property alongside and how you plan to divide the ownership of the property; either as joint tenants or tenants in common. Please get in touch with our conveyancing department if you have any questions about these terms and how different types of co-ownership work.
Consider familiarising yourself with the process
If you are unfamiliar with the conveyancing process, it would be wise to research the stages and tasks undertaken so you know what to expect from beginning to end. Your solicitor will assist you with any queries you may have throughout but it never hurts to have some prior knowledge of the process so you are prepared. Please take a look at our First Time Buyer guide for an overview of the process from start to finish.
Ellis-Fermor & Negus are here to help you start your New Year’s conveyancing at a comfortable pace. Taking care of the early stages of a transaction makes the process a little easier further along the line. Please contact us to request your no-obligation quote.
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