So summer is apparently here, or so they say!!
As soon as summer is upon us, everyone starts to feel more upbeat, and wants to get out and about more. You can see it everywhere children playing outside, people going on bike rides, camping and walking, and everyone trying to get their gardens in order.
Coming previously from a property background we also see that these next six months are the busiest within property sales and purchases. Whether this is because houses look their best in summer, all newly painted, gardens full of flowers etc, we also from a recruitment side notice that every legal firm seems to be looking for Residential Solicitors and Conveyancers.
Tips before you buy and sell from Money Expert:
Work out the true cost of buying
- Mortgage arrangement fee-Expect to pay your lender an arrangement fee. They vary but £1,000 is typical. In some cases this is non-refundable, even if the purchase falls through.
- Valuation fee– This is the fee lenders charge for a valuation to check the property exists and that it also offers sufficient security for the loan. The cost varies according to lender and purchase price, but budget for £300.
- Legal fees– Many lenders will contribute to legal fees, although in that case you would have to use a solicitor approved by them. If you pay for your own Conveyancing, you’re looking at about £500-£800, depending on purchase price.
- Stamp duty-Buy a property for more than £125,000 and you’ll have to pay stamp duty land tax on its purchase price (unless you’re a first-time buyer and your property is priced at less than £300,000). The easy way to find out how much is to use our Stamp Duty Calculator.
- Surveys– These are another costly aspect to any purchase, with a typical survey costing £400 to £700. Many people pay for surveys on purchases that fall through, so budget for two or three.
- Removal costs– Unless you can pile your belongings into the back of a car, factor in a removal van. These start at £100 for small local moves, but can easily run to £1,000 for shifting a family’s worldly goods long distances.
- Home repairs – From flaky paintwork to leaky sinks, put aside some cash for unexpected property maintenance. As Money Saver Delphinium says: “If it’s an old house, expect Frank Spencer to have done every piece of DIY work. Expect to undo everything and do 10 other things you didn’t expect to do before you start a job.”
- Furniture and extras – Currently renting a furnished place? Remember you’ll need to buy everything from beds and sofas to lawnmowers and carpets.
In the last 5 years or so I have noticed a reduction in the amount of Residential Solicitors/Conveyancers and candidates can really attain a higher salary because of this. We also find that the need for Residential Legal secretaries increases from Easter onwards.
Here at Eventus Legal it has been no different this year, and at present we have many vacancies for Residential Solicitors/Conveyancers and Legal secretaries in Cumbria, Lancashire, Merseyside, Manchester and Leeds.
If we can help you in your recruitment needs whether a candidate or a law firm we would be delighted to assist.
Please contact me for further details: 07530737333 or email: michelle.valentine@eventuslegal.com