More about conveyancing
A conveyancing solicitor should guide you through the process of buying or selling a house; exactly what needs to be done and when, and provide a friendly and flexible service. By working with carefully selected, high quality local solicitors, Woodford Stauffer, we know the process is being handled diligently and professionally.
This service includes;
Fixed fees; Unlike some, the fees are fixed and not open to on-going charges for every phone call, fax or letter. All fees will be confirmed to you directly by the solicitor.
No completion, no fee; Should your purchase not proceed to completion, you will not have to pay the legal fee or additional costs, other than disbursements already paid out such as searches.
Unique ‘fall through protected’ searches; Should your purchase fall through and you have to find another property, your new Property Searches will be free of charge (terms & conditions apply).
Click here to let us know you are interested in a conveyancing quote.
What is Capital Gains Tax and do I have to pay it?
Capital Gains Tax is a tax on the gain or profit you make when you sell, give away or otherwise dispose of something. It applies to assets that you own, such as shares or property. There’s a tax-free allowance and some additional reliefs that may reduce your Capital Gains Tax bill. Sometimes you may have no tax to pay.
If you are selling a property that is your main home, you won’t have to pay tax on it as long as you satisfy certain conditions. However, if you are selling a property that is not your main home, it is likely you may have to pay Capital Gains Tax.
You can find out more at the HM Revenue & Customs website.
What is Conveyancing?
Conveyancing is the ‘act of transfer of title to property, from one person to another’. In essence it is the legal process of buying and selling property.