Conveyancing services 'essential' for buy-to-let landlords

Conveyancing services are essential for buy-to-let landlords hoping to join the market or diversify their investments, it has been suggested.

Writing for mortgagestrategy.co.uk, Charles Haresnape observes: "Those investors buying rental property will clearly need conveyancing services each time they add or remove a property from their rental portfolio."

Lawyers specialising in conveyancing work can help clients negotiate the legal requirements of purchasing or selling homes, as well as offer guidance on how to complete the process in the shortest amount of time possible.

For those engaged in frequent property dealing this can be essential, as slow processes are likely to result in lost revenue and potential tax issues.

Individuals buying a home for themselves a family member may find conveyancing experts can help minimise the time and costs involved.

Yesterday (September 14th) the Communities and Local Government Index revealed costs have increased more for those who already own a home than for first-time buyers, with the latter paying a 7.5 per cent premium year-on-year, while second or third-time owners are charged around 8.7 per cent more.