First-time buyers often face difficulties such as understanding the legal process, securing financing, and navigating government schemes like Help to Buy or shared ownership. The entire conveyancing process can feel overwhelming, especially with complex legal documents and unexpected costs like Stamp Duty or solicitor fees. These factors can cause stress and delays, making it challenging for first-time buyers to complete their property purchase smoothly.
At RSL Law, we offer clear, step-by-step guidance tailored specifically for first-time buyers. We handle the legal complexities, ensuring you understand every aspect of the process, from reviewing contracts to navigating government schemes. Our experienced solicitors provide personalized advice to secure your financing and complete your purchase on time, making the process as stress-free as possible.
| Service | Fee |
|---|---|
|
First time buyer |
From £2,250 + VAT |
| Disbursements | Fee |
|---|---|
|
AML Check – Individual |
£7 to £15 per person |
|
AML Check – UK Company |
£5 (See note below) |
|
AML Check – Foreign Company |
£25 (see note below) |
|
Purchase Searches |
£250 to £500 (incl VAT) |
|
Stamp Duty Land Tax |
see HMRC table of rates |
|
Purchase – Registration Fee |
£20 to £1,105 (no VAT) |
|
Leasehold Sale – Management Pack |
£150 to £500 |
|
Sale – Official Copies |
£20 |
|
Leasehold Purchase (New Build)– Engrossment of Lease |
£150 to £200 |
|
Leasehold Purchase – Notices of Transfer/Charge |
£100 to £250 |
|
Leasehold Purchase – Deed of Covenant (if applicable) |
£100 to £200 |
|
Bank Charges (payments over £50,000 via CHAPS) |
£16 each payment
(No VAT) |
|
Note: for limited companies, Directors and Shareholders with over 25% equity will also be subject to individual AML Checks |
|
At RSL Law, our service for first-time buyers stands out because we go beyond simply managing the legal process. Unlike others, we take the time to explain every step in detail, ensuring you feel informed and confident throughout your purchase. We tailor our advice specifically to first-time buyers, helping you navigate government schemes, secure financing, and anticipate costs, so there are no surprises along the way. Our approach is personal and hands-on, giving you access to an experienced solicitor who will work closely with you from start to finish, ensuring a smooth and stress-free experience tailored to your unique situation.
Our Office:
33 St James’s Square, London, SW1Y 4JS
Email: info@rsl-law.co.uk
Tel: +44(0)207 0605333
