Buying or selling property can be a complex process, whether it’s your first, second or tenth property.
It is important that you instruct the right solicitor who is an expert in this area of law who will guide you through the conveyancing process and ensure that one of your biggest purchases is done accurately.
From April 2014, new mortgage rules were introduced where lending is based on affordability rather than just income.
Purchasers have to go through an advice process which is usually from a mortgage advisor. This will help borrowers to better understand whether they can really afford their mortgage, both now and if interest rates rise.
With high demand for properties in the Hertfordshire and Bedfordshire area we have seen over the last few months more and more clients instruct us to act on their behalf prior to putting their house on the market or finding something to buy.
In doing so they are one step ahead. In the UK house prices rose 10.5% in the year to May 2014, up from 9.9% in the year to April (Office for National Statistices, House Price Index, May 2014).
Instructing a solicitor, getting your paperwork in order and having finances in place are all indications that you are a serious buyer, and the estate agents will welcome your efficiency. We can also recommend surveyors and other experts who can assist you with your purchase.
By instructing a solicitor before putting your house on the market, we can guide you through the process, complete all forms and recommend you to estate agents, ensuring that when you find a buyer, we can issue a contract without any delay.
At Sumner and Tabor all our clients’ matters are handled by solicitors who work on each transaction from start to finish ensuring continuity. We are happy to communicate with you by telephone, email or in person.
We pride ourselves as being friendly and approachable, with clients returning to us time and time again and recommending us to friends and family.
We are accredited and a member of the Law Society Conveyancing Quality Scheme, ensuring the highest level of service to our clients.
For advice on buying or selling property please contact Dipak Odedra on 01442 200106
– This article is for general information only –