Our Buy to Let Conveyancing Services
Buy to let conveyancing is a vast area that covers many different matters — making a thorough approach to legal advice crucial to success. We specialise in a broad spectrum of services, including:
- Buy to let mortgages
- Certifications and Right to Rent
- Purchasing buy to let property
- Selling buy to let property
- Income Tax & Capital Gains Tax
- Stamp Duty
No matter if you’re looking to purchase, sell, or manage your buy to let portfolio, our team is perfectly placed to assist.
Want to Know More About Our Buy to Let Conveyancing Services?
Landlord Legal Advice
Buy to let investment requires careful planning and management for it to succeed. Not only will you have to ensure you’re purchasing the right properties, but you also need ongoing support to keep on top with your obligations and reduce the risks involved.
Regardless of if you’re a first-time investor or you already manage a large portfolio, our buy to let solicitors can assist you. As well as advising on your purchase or sale, we regularly provide guidance on planning laws and building control. We can also draw on our expertise in land development to provide you with a comprehensive service.
We strive to minimise your risks and maximise your potential rewards, while making the entire process as stress-free as possible.
Buy to Let Solicitors
Whether you’re a brand new landlord or a seasoned investor, our buy to let conveyancing solicitors are here to help.
Director & Head of Residential Property
Karen has many years experience in all areas of residential conveyancing, having gained experience in both private practice and in-house with a national developer.
She leads the team to provide clients with the highest standards of service, ensuring they are guided throughout the process and achieve a resolution that is in line with their goals.
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Want to know about our BTL landlord legal advice? Contact our team today.
Buy to Let Advice
The goals and motivations of buy to let landlords are varied. If you’re looking to purchase a property, you’ll need specialist guidance on whether it’s the right one for you and support to ensure the purchase goes smoothly. Those wanting to maintain their existing portfolio require ongoing support to ensure they’re compliant with obligations and are getting the most out of their investment. Meanwhile, an individual wishing to sell their property has to be sure they are getting the best deal. Despite the variation, everyone must have bespoke legal advice that can adapt to their unique circumstances and requirements.
Whatever you’re looking to achieve, the buy to let conveyancing solicitors at Thursfields are here to help. We’ll work closely with you to understand your current situation and establish what you want to achieve, before providing an open and frank opinion about your options and recommending what we believe is the best solution for you.
No matter if this is your first buy to let or you’re a seasoned investor, we will be with you at every step. Our team offers a comprehensive service built around you, so you can be confident that your best interests will always be looked after.
A Full Service Property Law Firm
Property law is a vast and fast-paced environment. A comprehensive approach to legal advice is required to ensure your business requirements are met. That’s why Thursfields is also highly-experienced with commercial property matters, so we can provide our clients with a first-class service that they can rely on.
Frequently Asked Questions
As the name suggests, buy to let is the process of purchasing a property with the sole intent to rent it out to a third party. This is done to generate a regular stream of income and potentially capitalise on an increase in value should you decide to sell the property further down the line.
While investing in buy to let property can be lucrative, it is not without its pitfalls. This is why it’s important to seek specialist legal advice throughout your time as a BTL landlord, so you can minimise your risk and achieve your objectives in the most straightforward way possible.
Although buy to let can provide a steady stream of income and help you generate capital, it is subject to a greater level of taxation than other investments, and is unlikely to deliver short-term results. It’s therefore only suitable for those who can afford to absorb unforeseen costs and are happy to take a long-term approach to investment.
If you’re thinking about investing in buy to let property or building a BTL portfolio, you should speak to an experienced buy to let conveyancing solicitor who will take a holistic view of your situation and be honest about whether it is right for you. If you decide to proceed, they will support you throughout your time as a BTL landlord.
There are several important steps to building a buy to let portfolio. These include doing careful research and being clear about your goals. You should also seek to specialise in one type of property and be precise with your timing. Above all, it’s crucial to seek comprehensive legal advice at the earliest opportunity to support you at every step.
While there’s technically no limit to the amount of buy to let mortgages you can have, some lenders may restrict you. This is because BTLs are seen as more risky than regular mortgages. In addition, the more BTL mortgages you want to have, the more legal hoops you will need to jump through to prove you can afford the investment.
BTL properties are usually sold to capitalise on an increase in value from when they were first purchased. It’s possible to sell your buy to let property either while it’s vacant, or if you currently have a tenant in place. However, if you choose to sell while you still have a tenant, you will limit your pool of potential buyers.
For a commercial and results-driven approach to buy to let conveyancing, get in touch with our team today.