Purchasing your Property

Selling and buying your home can be stressful transactions, but at Actons we pride ourselves on providing an individual and tailored service to our clients. In conducting your residential property transaction you will deal with an individual who will have the day to day responsibility for your matter from beginning to end. You won't have to deal with a call centre mentality or a different person every time you talk to us.

Purchasing your Property

In purchasing a property it is essential that we have as much information from you as possible so that when you tell us you have found your dream home we can act swiftly on your behalf to progress the transaction. Having this information at an early stage will also allow us to advise you on tax planning and inheritance issues which may affect you depending on the value of your property and your other assets.

We will guide you through the maze of searches to exchange of contracts and completion, assist you in completing your Stamp Duty Land Tax Return and finally registering you as the owner of a new property.

Stamp duty land tax relief has been introduced for transactions which complete on or after 25 March 2010 and before 25 March 2012 for first time buyers for the purchase of a property up to £250,000.  In order to claim relief you must be able to satisfy the following criteria:-

• You must be a first time buyer.  If more than one person is purchasing the property then ALL of the buyers must be first time buyers.  If not then stamp duty land tax will be payable.
• You must not have inherited property.  If you have inherited property then you cannot claim relief.
• You must be occupying the property as your main residence.  If you are purchasing the property as a buy to let property then stamp duty land tax will be payable.

For further information, please contact Claire Townroe on 0115 9 100 200 or email enquiries@actons.co.uk.