Homebuyer Conveyancing Helping Big Dreams Become Reality

Big Dreams Motivate Us To Challenge What We Have - Moving House Sits At The Top

When we feel that we are boxed in then we try and work out a solution to escape. The coronavirus has caused many First Time Buyers and Homeowners to rethink their property strategy. Flats with a balcony can work but very few flats have a rooftop space. It's not surprising that we all dream big in the current situation. Moving house is high on the agenda. A way of escaping the current lockdown. We are allowed to move and renovate our properties without penalty.

Saving The Stamp Duty Land Tax 

The current SDLT holiday is set to finish on the 31st March 2021. Will it be extended is the big question?

Well we think it will be extended with an incremental uplift each month. The build up of the tax sets the scene for Conveyancers to get back on track. Without it the current brick wall of the SDLT holiday ending will have severe consequences. 

What is the Impact of not managing the SDLT comeback?

It's actually not about the Sellers and the Buyers it's about the small business that relies on completions.

The conveyancers, Estate Agents, Removal, Tradesman all rely on completions to get paid. Without completions many firms will have significant cash flow problems. They have already managed at least 5 months without their normal cash flow and the recent SDLT holiday gave them confidence that they could recoup those lost months cash. They didn't take the furlough because they were working.

The SDLT holiday should be extended by 3 months. On February 1st it goes to parliament to be discussed. The Trades involved in moving house need stability. The Buyers and Sellers need to move. 

Homebuyer Conveyancing Supports Big Dreams

Support Conveyancing is required when you are selling or buying property. Big decisions are made on what the conveyancing costs will be. That's why Homebuyer Conveyancing does it right first time. Buyers and Sellers can review online impartial conveyancing quotes without disclosing their personal details.

That means you can make a decision in your own time without the spam.

Buyers have a significant advantage if they instruct an impartial Conveyancer that provides a fixed fee quote. 

They know where they stand on the day they instruct. It does pay to dream big.

                

If you would like to know about conveyancing then do visit the Homebuyer conveyancing website. They have a news section and a library full of information. If you need that personal support then do call 0345 463 7664. They are on hand to get you moving with minimal fuss.

Make The Most Of Moving House Conveyancing Updates

 Moving House Conveyancing Updates 

When moving house your appointed Lender approved Conveyancing Solicitor must have access to all the updated searches. Old searches cannot be relied upon. The Homebuyer Conveyancing panel from inception in 2013 has used one search provider - Onesearch Direct. They provide a faster search process and in these troublesome coronavirus times Buyers need exceptional service levels.

AS we all know if we start the conveyancing process early we have a greater chance of getting to a fast exchange of contracts. So many people instruct a Conveyancer very late in the day when offers are made or worse when the survey results come in.

When you instruct a solicitor you should allow two weeks from instruction to managing your property transaction. When you instruct a Solicitor you must return promptly the signed terms of engagement. 

Failing this your conveyance will not start.

Start the property move in the driving seat and try and establish an achievable exchange of contracts date. You will be amazed how many don't and they wonder why the process is so slow. It's slow because all parties are working to a different agenda. If you leave the management of contact details to your Estate Agent then you could be waiting around for a very long time. When you provide contact details always use a test email to see how the other party responds. This will tell you very early on what you will need todo. You could for instance send an email and follow up with a phone call. As soon as you have clarification on who does what you then head for specific milestones. You don't want updates for the sake of updates. all you will be doing is slowing down your Conveyancer.

Be clear on what you want and by when, after all you are paying for a service. Your Homebuyer Solicitor will be on the ball but they may have to work hard to get the other party Solicitor to speed up.

Step up to the conveyancing challenge and use Homebuyer Conveyancing to get the job done. Your approved Lender Homebuyer Conveyancing Solicitor has access to faster searches. Just what you need in today's marketplace.

Move Home During Lockdown With Homebuyer Conveyancing

4th January 2021 Lockdown Announced 

Yet another Lockdown announced, we will all be thinking when will this all end. When we take control of the situation and roll out the vaccine the hardship reduces. Once we vaccinate the vulnerable and key workers the UK economy can begin again, something to look forward to but is it enough?

The Best case is that in 4 weeks we will see cases begin to drop because of the lockdown and in 8 weeks we will see significant reductions in deaths from covid due to both the vaccine and the tier 5 lockdown. In 8 weeks we will hopefully have vaccinated between 10M – 16M of the UK population.

The 67M UK population has 17M under the age of 20. So 50M is the target population, if the vaccine proves to be the answer. The previous data suggests that under the age of 20 the Virus causes less deaths to that age set. The 50M target population will take best case 25 weeks or worse case 50 weeks to vaccinate. 

However as every core group is vaccinated the exponential curve of cases reduces significantly.

Taking Control – That’s What We Need To Do

2021 is when the Virus must be managed. We of course have the advantage over other Countries, the UK is an island. To protect this situation all travellers should only commute if they are Covid tested and they show they are negative for the virus. With the recent Brexit deal we now have Borders. A massive plus to help eradicate the Virus. We must now see a strong leadership to manage our borders. An army mentality is needed with stringent process management. Thorough with our resolve to STOP the virus from entering.

The UK turning point is on the 6th Jan 2021. We can do so much more if the plan is explained to the people.

So Why Move House During Lockdown?

We need hope and moving house brings excitement where we can move forward to pastures new.

In a perfect scenario if you started thinking of moving today, you would first contact a Mortgage Broker to check out your affordability. If you are then clear on what you could afford you would decide if moving was an option either from a rental property or by selling your own home. You would produce a moving house checklist and cost out each stage. The Homebuyer Conveyancing comparison website provides direct pricing of all conveyancing costs without the need to enter personal details. The facts for you to make an informed decision on who to use for your conveyancing without the spam.

If you are a First Time Buyer then buying a property should take just 3 months. The First Time Buyer lending is improving with 95% LTV coming back to the market place and as such it would seem sensible that First Time Buyers were supported for the next 6 months by having no SDLT to pay for properties under £360,000. Fingers crossed that we hear that this is the case.

Existing Homeowners

For Homeowners we have a situation where they might already be moving but they have suffered delays due to Surveyors being in lockdown, slow lending and slow / non existent Local Authority searches. These Homeowners need a helping hand and need the current March deadline to be extended by at least 2 months.

To boost the economy and reduce the amount of furlough money being paid out the Government should consider extending the current SDLT holiday deadline by another 3 months with a reduced SDLT tax introduced in July, slightly increased in August and September and the full SDLT being reintroduced in October 2021. Of course the Government may decide to let Homeowners enjoy the SDLT Holiday until the end of September falling inline with School holidays. That sounds sensible with minimal disruption but massive gain to the already booming Housing Market.

Making Progress With Your Conveyancing Move

Sometimes you have to go backwards to move forwards! Plan your move and assume that no SDLT savings exist. Then if the SDLT holiday is extended you will have that exciting Surprise of no SDLT to pay.