Are you thinking of buying a property through a Help to Buy Scheme?
If so then contact PSR Solicitors to see how we can help you. We know how stressful and time consuming buying a property can be. The move itself can be a harrowing experience without the pressure of arranging removals, taking meters readings and contacting utility providers. In addition you will need to liaise with the relevant Help to Buy Organisation or Help to Buy Isa Manager which can add further stress onto you. One of our dedicated conveyancing solicitors can assist you at every stage of the legal process and keep you fully updated on the progress of your purchase from start to finish. Trust us to help you.
Procedure of buying your Help to Buy property
Once you have made the decision to buy a property through a Help to Buy Scheme you will typically contact the relevant Help to Buy Organisation, through your mortgage advisor and negotiate the purchase price through the estate agent unless you are buying direct from the seller privately. If you instruct us at the same time or at an early stage we can arrange with you to have the initial forms and necessary checks completed in readiness. Once your offer has been agreed with the seller we will have the necessary information to hand to immediately start the legal process of purchasing your property without delay. The more quickly and smoothly the transaction runs the less likely a risk of it falling through (aborting).
Once we have received the contract pack from the seller’s solicitor we can commence with searches, investigate the legal title to the property and raise any relevant enquiries. Once we are satisfied with all the replies to our enquiries, results of searches and are in receipt of any required mortgage offer, a completion date can be proposed. This process may take a little longer depending on how many people are in the conveyancing chain. Once all parties in the chain have agreed a completion date and the Help to Buy Organisation are happy to proceed it is usual to exchange contracts at the earliest opportunity. Once contracts have been exchanged you can book your removals with the confidence that your seller is contractually bound to complete on the sale to you.
Should you require a mortgage on the property we will liaise with your mortgage lender, deal with their requirements and request the mortgage funds in readiness for completion. If you are using a Help to Buy ISA, we will request the ISA bonus for you. Similarly, we will also pay for the searches and any stamp duty land tax on your behalf.
Our experienced solicitors can also assist you with a wide range of issues that may arise on a purchase such as:
- Your legal and beneficial interests in the property
- Lack of rights which need to benefit the property
- Lack of Planning Permission or Building Regulations Approval
- Restrictions affecting the property
- Additional financial charges affecting the property
- Adverse search results affecting the property
So if you have a Help to Buy property to purchase and you want free initial advice from a fully qualified conveyancing solicitor then please contact us now. Using one of our specialist solicitors ensures that you have a better chance of completing on your Help to Buy purchase. Some legal firms don’t use qualified solicitors to deal with property purchases anymore, at PSR Solicitors however we believe that your case deserves special attention from a dedicated solicitor.
We have offices throughout North Wales and Cheshire and you can contact us safe in the knowledge that one of our expert solicitors will take care of everything for you on a *No Purchase No Fee basis allowing you to carry on with your life whilst we proceed with your house move.
* You will have to meet any disbursements (i.e. search fees) incurred as these are paid to third parties.