Luna Law Limited offers a tailored service for first time buyers.
Purchasing your first home can be an exciting but daunting experience. The whole process is new to you. The team at Luna Law Limited have years of experience in assisting first time buyers and guiding them through the process.
Fixed and transparent legal fees are provided in order to enable all clients to budget and this is especially important when purchasing your first home as you may not be familiar with the costs and disbursements associated with moving home.
The team at Luna Law Limited are committed to keeping their clients and all other parties associated with the transaction updated and will chase up other parties in the chain when needed. This is invaluable for first time buyers who may not have the experience to detect a potential delay.
In accordance with current legislation first time buyers will pay no stamp duty land tax on the first £300,000 on properties up to £500,000. In order to benefit from the first-time buyer relief all those purchasing the property must be first time buyers.
We are familiar with those first-time buyers wishing to apply their Help to Buy ISA and will ensure that funds are requested in time for completion.
If you are receiving financial assistance from a third party or family member to assist with your purchase then we are able to offer you the advice you need in this respect and if required, and dependent on individual circumstances, we can draft a Declaration of Trust to protect all parties.