It is important to note that during the year of 2020 with Coronavirus, new Conveyancing Laws have come out in relation to the epidemic. There is currently discussion within the UK Government whether there will be an increase in the amount of % paid on a house in regards to Stamp Duty Tax. As many homeowners and businesses who are looking to purchase their first property (or second) might be aware, is the Stamp Duty Tax is substantially high when it comes to taking into account your entire budget.
Typically costs for conveyancing is spread across solicitors, legal fees, estate agent fees, removal costs and stamp duty fees. It’s important for homeowners even more so in today’s climate, that they are aware that there will potentially be an increase in the amount of stamp duty tax that homeowners who are looking to purchase a property.
Consult the right people with TL Interactive who can help/assist you with your conveyancing matter.