Help and Advice

This guide explains the costs involved in conveyancing, including legal fees, search fees, Stamp Duty, and other expenses for buyers and sellers. It outlines factors affecting fees, like property type and location, and offers tips on choosing a conveyancer with transparent pricing. Muve provides fast, reliable services to make property transactions smoother.

Stamp Duty Land Tax (SDLT) rates in England will increase from April 1, 2025, affecting homebuyers and first-time buyers with higher costs. The zero-rate threshold for main residences will drop from £250,000 to £125,000, while first-time buyers’ relief will be reduced, adding thousands to some purchases. Rates for additional properties will also rise. Acting before the change can save buyers money. Muve’s conveyancing services offer fast transaction support to help avoid the upcoming increases.

Moving home in the UK typically takes six months, including steps like mortgage approval, conveyancing, and property surveys. To move faster—ideally before Christmas—start your search early, get pre-approved for a mortgage, and work with experienced professionals such as brokers and conveyancers. The conveyancing process, often the most time-consuming, can be expedited through services like Muve’s “FestiveFast.” This service aims to complete the process in 5-7 weeks, enabling you to move into your new home just in time for the festive season.

In 2024, more UK residents are eager to move homes, with 30% planning to do so, a 14% rise from 2023. Key factors driving this include lower mortgage rates, increased property availability, and rising rental costs. Mortgage rates have declined as banks, like Halifax and NatWest, cut their rates, making buying more affordable. The housing market is more active, with a surge in new home construction and planning permissions. Buyers are motivated, with many seeking larger homes. A conveyancing service, Muve’s “FestiveFast,” offers a fast-track process to help buyers move in before Christmas.