Solicitors in Huyton: Tenant news

Solicitors in Huyton: Tenant news:Tenants could be at risk from “learner landlords”, warns Angels Solicitors

solicitors in huytonTenants who move into properties rented out by people unable to sell their homes risk encountering “learner landlords”, warns Solicitors in Huyton, Angels Solicitors based in Prescot and Huyton, Merseyside.

Angels Solicitors, which is one of the national Law Society’s Conveyancing Quality Scheme members and are solicitors in Huyton and Prescot covering all areas of Merseyside for conveyancing services, says that tenants could be exposed to risks by moving into properties of “learner landlords” who have decided to rent out their property because they cannot sell in the slow market.

Angels Solicitors says that new landlords will not always be aware of their legal responsibilities and this can lead to disputes between landlord and tenant.

Sarah Humphrey, one of the solicitors in Huyton said: “For many people unable to sell their home renting out is becoming a more popular option. It is a good way to help generate income but comes with risks for both landlord and tenant.

“Many tenants might not be aware that they are renting from a learner landlord and so any mistakes the landlord makes could affect the tenant. An unsuitable tenancy agreement, poorly handled deposit arrangements and clarity over service charges and repairs, as well as getting the right insurance could all put the tenant at risk.

“No one wants a dispute and this really is a case of prevention being better than a cure, which is why it is important for tenants to seek legal advice as early as possible from a CQS accredited solicitor before signing on the dotted line, whether it be a new landlord’s property or an experienced one.

“Often, new landlords will not be aware they are doing anything wrong so tenants with a CQS solicitor, such as Angels Solicitors helping them will be able to spot any holes in the agreement. There are different types of tenancy agreement and Angels Solicitors will be able to help tenants choose what best suits their needs.”

Angels Solicitors underwent a rigorous application and assessment by the national Law Society to become part of CQS initiative, which recognises high quality in residential conveyancing.

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Angels Solicitors: Solicitors in Huyton: Tenant news

Stamp duty land tax first time buyer relief

Stamp duty land tax first time buyer relief stamp duty land tax first time buyer relief

This is a reminder that stamp duty land tax first time buyer relief expires on 24 March 2012.  Any transaction with an effective completion date of 25 March 2012 or later cannot benefit from stamp duty land tax first time buyer relief, irrespective of the date of any contract or agreement.

This means that if you are a first time buyer looking to buy a property over £125,000 but under £250,000 then now is the time to do it. Otherwise there will be stamp duty of 1% to pay on the purchase price.

If you need to get moving quick then contact us for a quote.

Stamp Duty Land Tax (SDLT) is charged on land and property transactions at different rates for different types of property and values of transaction. The tax rate and payment thresholds vary according to whether the property is residential or non-residential and also if it is a freehold or leasehold. There are some types of SDLT relief available for certain types of property or transaction.

SDLT rates on residential property

The rates below are for all freehold residential purchases or transfers and the premium paid on a new lease or assignment of a current lease. (If the property is used for both residential and non-residential use the rates differ.) If the transaction is purchase of a new lease with a substantial rent there may be additional SDLT to that shown below, based on the rent.

Residential land or property SDLT rates and thresholds

Purchase price/lease premiumor transfer value SDLT rate SDLT rate for first-time buyers
Up to £125,000 Zero Zero
Over £125,000 to £250,000 1% Zero
Over £250,000 to £500,000 3% 3%
Over £500,000 to £1 million 4% 4%
Over £1 million 5% 5%

First time buyers

The first time buyer’s £250,000 threshold applied from 25 March 2010 up to 24 March 2012 inclusive. From 25 March 2010 to 24 March 2012, first-time buyers can claim relief from SDLT if the amount paid for the property is under £250,000. This relief applies whether or not the property is in an area designated as disadvantaged. (If the property is in an area designated by the government as ‘disadvantaged’ different rates and thresholds may apply.)

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HMRC Stamp Taxes helpline telephone 0845 60 30 135
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Cheap solicitor fees Liverpool

Cheap Solicitor Fees Liverpool?    

cheap solicitor fees liverpool

Looking for cheap solicitor fees Liverpool, Manchester and elsewhere in the UK? Angels Solicitors are conveyancing solicitors dedicated to providing the best cheap conveyancing service to the general public at solicitor fixed fees. Angels Solicitors are conveyancing solicitor experts in conveyancing and offer clients the best conveyancing service at the best solicitor low fee possible. We offer cheap solicitor fees Liverpool or elsewhere in the UK.

Today the meaning of cheap conveyancing goes further than saving money by using the the same solicitor to act on both the sale and purchase transactions in domestic residential conveyancing. Conveyancing solicitors must offer an excellent service as supported by client reviews (see Angels Solicitors client reviews here) giving client the cheap solicitor fees Liverpool, the northwest and all over the UK coupled with a top conveyancing service.

As a legal firm that specialises in only residential conveyancing and commercial property and being located outside of a major city centre, Angels Solicitors is able to offer greatly discounted rates on solicitor fees when compared to high street conveyancers. Our conveyancing team has years of legal experience making sure that all conveyancing transactions we handle run as quickly and smoothly as possible whilst providing excellent customer service. We do not compromise in our quality of service despite the cheap conveyancing fees we are able to offer and we are proud that our staff are very competent in the conveyancing field.

We are able to cut costs and pass the benefits onto our client via cheap solicitor fees Liverpool and the UK by using what is known as “online conveyancing”. Nowadays with the advances of emails, faxes and internet most conveyancing is progressed online. Also automation and easier communication has spawned reduced costs associated with the whole conveyancing process, such as property search fees and Land Registry transactions. This means the geographic location of solicitors is  irrelevant as there is no need to meet in person for the transaction to proceed and complete. Consequently solicitors based in one location can serve clients all over the UK leading to large reductions in conveyancing costs hence the birth of the term cheap conveyancing.

Angels Solicitors specialise in cheap conveyancing services in England and Wales (excluding Scotland) though we have a special affiliation for our local clients in the north west areas, mainly Liverpool Merseyside and Manchester. Angels Solicitors provide the very best online conveyancing fees possible for either sale, purchase, remortgage or a transfer of equity. We are able to offer this cheap conveyancing fee service due to the fact that our law firm is based online with local offices available to meet with clients should they so wish on an appointment basis. We therefore make a massive saving on location and associated overheads as compared with traditional high street solicitors and we can pass this saving directly to our clients.

We do not cut any corners and pride ourselves on our efficiency and competency all at times. In fact Angels Solicitors was one of the first firms to be awarded with the Law Socity’s conveyancing kitemark, the Conveyancing Quality Scheme, for reputable conveyancing solicitors who treat customer support as being a priority. Clients are updated every step and are able to keep track of online conveyancing anytime. We do not pass you to an automated system and clients can email or phone us anytime for updates or to discuss progress. Clients have an allocated qualified solicitor to speak to at all stages and matters are not dealt with by unqualified juniors. Angels Solicitors also operate from a local geographic landline number, so you do not need to make expensive calls to 0845 and 0870 numbers and we have a ring back facility where we will call you back to save you the cost of making phone calls to us.

Regardless of your conveyancing transaction type, whether sale, purchase, remortgage or transfer of equity, you can be assured that with Angels Solicitors you will have the very best cheap conveyancing solicitors. We are solicitors specialising in house conveyancing and your transaction will be handled by the best online conveyancing solicitor regulated by the SRA (Solicitors Regulation Authority). Our conveyancing solicitors service is cheap, yet we do not compromise in the quality of service given.

We offer a unique legal service: fixed fee conveyancing combined with cheap online conveyancing and a truly personal service throughout your conveyancing transaction. At the outset we provide a comprehensive  quick and accurate idea of your conveyancing fees with a full breakdown to ensure you get the very best conveyancing quote possible. We are certain the conveyancing quote Angels Solicitors will give will be as cheap as possible and comparable to any other conveyancing solicitor estimates you receive online or on the high street. Contact us for more information or a conveyancing estimate

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Angels Solicitors: Cheap solicitor fees Liverpool