Residential Conveyancing Expert help and advice moving you up the property ladder
Buying property is probably the biggest investment of your lifetime and it's not surprising that people often say that moving home can be one of the most stressful experiences of their lives.
Challenor Gardiner we aim to relieve you of some of that pressure and anxiety, leaving you to get on with preparations for your move and with your day to day lives. We are always available to answer any queries you may have and give you a personal and face to face service many firms and on-line services simply cannot provide.
Our residential conveyancing solicitors have many years experience helping clients with all kinds of domestic property transactions, wherever you live and wherever you are moving to. Whether you are a first time buyer, moving up the property ladder, investing in a buy-to
-let or, buying a retirement home, our dedicated conveyancing team are here to ensure it goes smoothly and that any risks are minimised.
We are an accredited law firm with the Law Society's Conveyancing Quality Scheme (CQS) and the Law Society's Lexcel v.6, Practice Quality Standard, so that you can rest assured that your transaction is being dealt with by solicitors in our residential conveyancing team who are properly trained and supervised to ensure your transaction proceeds smoothly.
"Very happy with the conveyancing I recently had done by Challenor Gardiner, which I considered to be excellent value for money. The staff were highly professional in all their dealings with me as well as making time to discuss the various stages of the process, which was important to me as a first time buyer." Martin Malinowski Stamp Duty Land Tax 'Holiday'
As of 8 July 2020 the government has increased the lower Stamp Duty Land Tax (SDLT) threshold above which SDLT is payable to £500,000 for property purchases in England and Northern Ireland, which is intended to boost a property market hit by lockdown.
That means that any property purchases below the new threshold will not have to pay stamp duty as long as the transaction is completed before 30 June 2021. Unless this is extended, and you want to take advantage of the SDLT holiday, you really need to be thinking about buying now as conveyancing transactions can take 10- 12 weeks to complete, sometimes it can take less time and sometimes it can take longer.
The measure applies to transactions that are completed or substantially performed before 30 June 2020 and a reduced threshold for transactions completed after 1 July until 31 October 2021 of up to £250,000 before SDLT is payable and a return to normal SDLT rates for purchases completed after 31 July 2021 of £125,000.
The SDLT concession is aimed at helping buyers who have additional financial burdens because of the coronavirus crisis.Before the SDLT 'Holiday', SDLT
was payable on land or property bought for £125,000 or more.
First-time buyers paid no tax up to £300,000 and paid 5% on the amount paid over £300,000 and up to £500,000.
People who had previously bought a home paid SDLT at 2% of the purchase price between £125,001-£250,000, 5% on the price between £250,001-£925,000, 10% between £925,001 and £1.5m, and 12% on any value above £1.5m.
For purchases liable to the Higher Rates for Additional Dwellings, the 3% band is increased from £125,000 to £500,000.
It is our duty to manage your expectations both in relation to the work we carry out for you as our client, and how that fits within all the other parties involved in the transaction overall. If you are intending to complete your purchase before the end of the SDLT holiday on 30 June 2021, we must emphasise the following: The measure applies to transactions that are completed or substantially performed by 30 June 2021 inclusive. There are now just over 3 months before the end of the SDLT holiday. Completion before 30 June 2021 is dependent upon a number of factors, some of which are beyond our control and we cannot guarantee beating the deadline on any new instructions received. It is our duty to manage client expectations both in relation to the work we carry out for our clients and how that fits in with all the other parties involved in the transaction overall, including other buyers in the chain, lenders, other funders, for example 'Help to Buy', search providers and management companies, who are all likely to be working from home remotely. If you are intending to complete your purchase before the end of the SDLT holiday on 30 June 2021, we must emphasise the following: Whilst eight to twelve weeks is a typical timescale for an average conveyancing transaction, in normal times, in the period to 30 June 2021 we expect to be very busy, as other conveyancing solicitors will be. In view of the many variables involved in a conveyancing transaction even if there are no other parties involved apart from you and the seller we cannot guarantee that completion by that date will be achieved, and so we advise clients to expect to pay the normal rate of stamp duty if that situation arises. But we shall endeavour to do our best, as circumstances permit, to achieve completion before the deadline.
We are on most major lender panels so we can also act for you on your mortgage. We also have good contacts with mortgage advisors should you be looking for finance.
Discover Your Free Fixed Price Quotation Now
Make a free enquiry Our residential property services include buying and selling property freehold and leasehold properties shared ownership 'Buy to Let' properties equity release Help to Buy leasehold enfranchisement "Many thanks for your great work on our house sale and buy - we're forever grateful for all your help and advice." Mr and Mrs V
Buying with someone else?
If you are considering purchasing a property with another person, it is important to be aware of the different ways in which it can be owned.
When buying a property in joint names, you will need to decide which type of joint ownership will best suit your needs. For more information on this, please read our
Co-Ownership of Property page.
We don't have hidden charges and we will keep to the estimate given, unless agreed with you in advance in cases where additional unforeseen work is involved. We will breakdown our estimate to show our charges for the transaction, VAT and disbursements payable to others, such as, stamp duty land tax (SDLT), Local and Water search charges and Land Registry fees.
"Excellent, prompt and professional service for buying our first home."
Dr S Glaze
You can read more about our pricing on our Fees Page
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