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Hello my name's Michelle Thompson and I'm part of the residential property team here at Forbes Solicitors.
We can provide you with a fixed fee, no obligation quote with no hidden extras. We're a team of residential property experts and we can arrange to see you at any of our offices. At the outset if you choose to instruct us you'll find we don't operate a call center approach with our clients, we prefer to offer you a personal and friendly service that's tailored to suit you.
We appreciate that moving house can be a really stressful time so you will be given our direct contact details so we can be on hand to guide you through both the legal and practical consequences of moving house.
So if you'd like any further information you can complete our online enquiry form or you can call myself or any member of the team, all our contact details are on the website.
Here at Forbes Solicitors, we feel that buying a home for the first time should be an exciting and stress free experience for all involved. This is why our dedicated conveyancing solicitors offer the very best in straightforward, friendly service and will guide you through the entire process to make sure your transaction goes through as smoothly and as quickly as possible.
Maintaining the mantra that first homebuyers should enjoy the process of buying their first home as much as possible, our conveyancing solicitors will deal with your case personally, taking responsibility and keeping you updated throughout every stage of the process.
We do our best to make sure the process of purchasing your home is as stress free as possible offering a personalised and friendly service at all times.
We can offer advice on any shared equity/ownership schemes as well as guidance on HomeBuy direct schemes, ensuring you’re aware of all the terms and conditions included within.
Forbes will advise that you speak to an independent financial advisor (IFA) who can tell you how much you are able to borrow before searching for your house, as it can be heart-breaking if you find out you cannot afford a house you may be looking to buy. In addition to our legal services, we can also recommend a list of independent financial advisors that may be able to assist you.
It's also worth noting that first time buyers who are not within a property chain have an advantage over other buyers regarding the negotiation of a reduced fee, as other buyers may have to sell their own property before they buy.
Stamp duty is another aspect of buying a home first time buyers should be aware. New stamp duty rates have been introduced from December 2014. Under the new rules buyers pay tax on amounts between bands, not on the full purchase price of a property. No tax will be paid on the first £125,000 of a property. Between £125,001 and £250,000 buyers will pay 2% within this band, 5% on the portion between £250,000 and £925,000, 10% within the next band up to £1.5 million and 12% over that. The table below indicates current stamp duty rates for UK residential property.
|Up to £125,000||0%|
|£125,001 - £250,000||2%|
|£250,001 - £925,000||5%|
|£925,001 - £1,500,000||10%|
|£1,500,001 and over||12%|
If you are a first home buyer and you need a specialist solicitor to handle the transaction, get in touch with Forbes and take advantage of our many years’ experience in conveyancing law.
I have always recommended to you friends and associates in need of legal help, and I know that their opinion is as positive as mine.
Having recently sold my house Forbes handled this in a very professional manner with obvious expertise. My interests were always their first priority & I was kept informed at all times.