Buy to Let Solicitors

Investing in a buy to let property can provide several exciting opportunities, whether you are a first-time buyer or are looking to expand your existing portfolio. To ensure that your transaction goes ahead without complications, our specialist team will provide you with the assistance you need.

At Johnson Astills, our property team have previously worked with many current and prospective landlords, helping them to navigate the buy to let conveyancing process with confidence. Our experience and dedicated buy to let experts are perfectly positioned to advise you on the best approach for your individual circumstances and the details of the transaction at hand.

To speak to a member of our team about buy to let conveyancing, please contact our local offices in Leicester and Loughborough or use our contact form to request a call back.

Want to see how much your buy to let conveyancing might cost? Request a tailored buy to let conveyancing quote.

Why choose our buy to let conveyancing solicitors in Leicester and Loughborough?

Buy to let transactions come with an added layer of complexity, which highlights how important it is to seek specialist advice if you are considering buying or selling a property. Our team understand the intricacies of buy to let properties and will be on hand to provide you with the exact level of support you require.

We place a strong emphasis on communicating clearly and efficiently with all of our clients, which means that you will always be kept up to date during every stage of the buy to let conveyancing process. If you have any questions about your transaction, we will be on hand to answer them promptly and in plain English.

We are able to provide fixed-fee services, as well as online conveyancing, which means you can receive expert advice without having to break the bank or disrupt your busy schedule. You can take a look at our pricing guide for a general overview of our fees, or you can request a tailored buy to let conveyancing quote.

As a firm, we are Lexcel accredited by the Law Society and are proud members of The Law Society’s Conveyancing Quality Scheme (CQS), reflecting our extensive expertise with a wide range of property matters and transactions, including buy to lets.

Our buy to let conveyancing expertise

Purchasing a buy to let property

The general process for buying a buy to let property shares many similarities with the process for buying a standard residential property. However, there are several additional considerations that need to be made, all of which our expert buy to let conveyancing solicitors will be able to support you with.

We can support you with every step involved in purchasing a property which you intend to use as a buy to let, including carrying out all the relevant checks to ensure there are no restrictions attached to the property and correctly registering it so that you are ready to start renting it upon completion.

Selling a buy to let property

If you would like to sell a buy to let, either with tenants in situ or as vacant, our solicitors will be able to handle the full process on your behalf and guide you through all of the legal requirements you will need to follow.

Seeking expert legal advice is essential when you plan to sell a buy to let property, especially if you have tenants in situ.

Converting a property to buy to let

It is possible to convert an existing mortgage into a buy to let mortgage. You can either do this by applying to your existing lender or remortgaging with another lender.

Our team can support you with this process, providing advice about remortgaging and what this will entail, as well as liaising with the mortgage provider to make sure that everything is completed accurately and efficiently.

Frequently asked questions about buy to let conveyancing

Why do I need a buy to let solicitor?

Buy to let conveyancing can be a complex process, with several additional steps and considerations to make. It is always sensible to work with a specialist solicitor who will be able to help speed up the process, handle any complex issues and remove the potential for mistakes that could lead to significant delays.

How does stamp duty work for buy to lets?

In England, Stamp Duty Land Tax affects all buy to let purchases over £40,000. If you’re a landlord purchasing a buy to let property, you will have to pay a minimum 3% extra charge alongside any regular Stamp Duty fees.

This surcharge is applied when you buy a property in addition to one you already own. You do not pay this surcharge if you only own one property. 

How long does buy to let conveyancing take?

The time it takes for a buy to let transaction to complete can vary depending on several factors. These include the complexity of the transaction, how responsive all of the parties are and how proficient the conveyancing solicitors on both sides are.

Typical time frames for straightforward transactions are around 8-12 weeks, but this is dependent on various factors. If there are any unforeseen complications or a lengthy property chain, the time it takes to reach completion can be extended significantly. Your conveyancing solicitor will be able to provide a more accurate assessment once they have sat down with you to discuss your requirements in detail.

Get in touch with our buy to let solicitors in Leicester and Loughborough

For help and advice on buy to let conveyancing or any other property matter, get in touch with our buy to let solicitors by contacting our local offices in Leicester and Loughborough, or feel free to use our contact form to request a call back.