Buy to let
Buy to let Solicitors in Gloucestershire
Purchasing a property as a rental investment involves a similar process for buying and selling other freehold and leasehold residential properties. However, other factors will need to be considered, especially if you intend to get a mortgage. Our property team are experienced in all buy-to-let and rental property matters. Whether you are a first-time investor or an experienced landlord with a large property portfolio, we can offer expert advice and guidance.
For you, your family and your business. To speak to our property team today, you can call us on 01452 545 678, email us at lawyers@langleywellington.co.uk or make an online enquiry. Â
How our Conveyancing Team can Help
Cotswold Conveyancing Centre is a dedicated department of Langley Wellington with specialist conveyancing solicitors, experienced in all aspects of buy to let conveyancing who can help you if you are investing in property as a source of income.
There are several factors to consider when letting out a property, including having the correct Tenancy Agreements in place and the various tax liabilities for having an investment property.
We will work with you to understand and meet your requirements, guiding you through the process and ensuring you are fully aware of your obligations. Our buy to let solicitors can assist with the entire process, including:
- Ensuring the property is fit for purpose, identifying any covenants which may restrict your ability to let (or sub-let) the property, providing solutions on how these can be dealt with
- Progressing the property transaction through contract exchange and completion
- Guiding you through the stamp duty process and sending payment to HMRC upon completion of the transaction
- Ensuring you are aware of any specific legal requirements regarding a mortgage offer
- Preparing Assured Short Hold Tenancy Agreements for your new tenants
You can rely on our team of experts to guide you through all the necessary stages and ensure your transaction progresses efficiently and as quickly as possible.
Buy to Let Property Solicitors Gloucester and Cheltenham
Langley Wellington has provided exceptional residential conveyancing services in Gloucester and Cheltenham and to clients across the UK for many years. Cotswold Conveyancing Centre became the first legal practice in Gloucester to secure the Law Society’s CQS Accreditation from The Law Society – the mark of excellence for the home buying process. Cotswold Conveyancing Centre is also a member of The Conveyancing Association.
Get in Touch
To find out more about our residential conveyancing services or to speak with our team, call 01452 545678 or make an online enquiry. We have three office locations across Cheltenham and Gloucester. To find out more visit Contact us.
Our Fees
Price and service transparency – conveyancing (all transactions)
Costs associated with your transaction
We do not want you to have any unwanted surprises during the course of your transaction, so we will give you an estimate of likely costs and disbursements before you decide to instruct us.
Typically, we will agree to a fixed fee with you, but if your matter is more complex or it is difficult to know what will be involved, we may agree to an hourly rate with you.
We know that every transaction is unique, so we will keep you informed if we identify any additional work that will need to be done to conclude your matter successfully.
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Fixed fees
Most solicitors charge a fee proportionate to the property’s value, so the cost of the work depends on the agreed price for the property, together with a number of factors, including the complexity of the title and third-party involvement.
Please use our cost calculator to obtain an estimate of our charges – or find out more about our charges here.
How can we help?
Our Fees
Price and service transparency – conveyancing (all transactions)
Costs associated with your transaction
We do not want you to have any unwanted surprises during the course of your transaction, so we will give you an estimate of likely costs and disbursements before you decide to instruct us.
Typically, we will agree to a fixed fee with you, but if your matter is more complex or it is difficult to know what will be involved, we may agree to an hourly rate with you.
We know that every transaction is unique, so we will keep you informed if we identify any additional work that will need to be done to conclude your matter successfully.
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Fixed fees
Most solicitors charge a fee proportionate to the property’s value, so the cost of the work depends on the agreed price for the property, together with a number of factors, including the complexity of the title and third-party involvement.
Please use our cost calculator to obtain an estimate of our charges – or find out more about our charges here.
Frequently Asked Questions
Residential Conveyancing
What is involved in conveyancing?
The main stages involved in buying a new home are:
- Property search.
- Instruct a solicitor.
- Arrange a survey.
- Pre-contract matters, such as completing a property information form (TA6) and fixtures and fitting form (TA10).
- Searches and enquiries.
- Exchange of contracts.
- Post-completion matters, for example, paying SDLT and registering the transfer of ownership with HM Land Registry.
For more information about what a property purchase involves, read our previous blog by clicking here.
What is a conveyancing chain?
People usually need to sell a property to buy a new one. This leads to several conveyancing transactions that depend on each other and that take place simultaneously, which is known as a ‘chain’.
Being in a chain makes the conveyancing process more complicated. The longer the chain, the more possible it is for something to go wrong.
Specialist legal advice from an experienced residential conveyancer is crucial in a property purchase. At Langley Wellington, our experienced conveyancers in Cheltenham and Gloucester help with property sales and purchases in the local area and across the UK.
We offer competitive rates, with exclusive rates for first-time buyers, and provide a ‘no-move, no-fee’ guarantee for all our conveyancing transactions.
For more information, or to speak to one of our specialist residential conveyancers, please call 01452 5545678 (Gloucester) or 01242 269 998 (Cheltenham) or email lawyers@langleywellington.co.uk.
What is stamp duty?
In England and Northern Ireland, you must pay stamp duty land tax (SDLT) when you buy property or land over a certain price.
The amount you pay depends on the price of the property, whether it will be used for residential purposes, whether you are a first-time buyer, and if you own any other properties.
Buyers must pay stamp duty on properties costing more than £125,000 (£300,000 for first-time buyers).
Find out more on SDLT on the government’s website.
What are searches?
Property searches are a key step in the conveyancing process involved in buying a new home. Searches are the series of enquiries made by your solicitor to various public authorities that give you more information about a property you plan to purchase.
Searches examine the range of planning, legal and environmental conditions about the property.
Conveyancers undertake three main searches for property purchases:
- Local authority search. This is designed to uncover any potential issues relating to roads, rail and building work that might be planned or already underway and might affect your property.
- Environmental search. This surveys historical and current land records to show, for example, information relating to contamination of the land and subsidence risk.
- Water and drainage search. This shows, for example, whether the property is connected to a mains water supply and whether it is connected to a public sewer.
Other searches, such as a neighbourhood search, flood search and mining searches, can also be conducted depending on the nature and location of the property and any specific concerns you may have.
Click here to find out more about conveyancing searches.
Our Team
Contact our Solicitors
Langley Wellington is a forward-thinking law firm acting for clients nationwide. Whatever your legal requirements, we are here to help.
Get in touch with our Solicitors today. Call one of our offices on the numbers provided below, or fill out our contact form here.Â
Gloucester Office: 01452 521 286
Cheltenham Office: 01242 269 998
