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Job Vacancy

Job Title: Residential Conveyancing Assistant

Job type: Permanent full time

Location: Hipperholme, Halifax

Salary:  Negotiable subject to experience

Contact: Rachel Oates, 01422 200400, roates@vhpl.co.uk

Description

Valerie Holmes Property Lawyers are a long standing and well established small law firm based in Hipperholme, Halifax, West Yorkshire. We are pleased to announce an excellent opportunity has arisen for a Residential Conveyancing Assistant to join our busy and client focused team.

The Role:

We are looking for an experienced, accurate and self-motivated person to join our team. The role covers all aspects of the conveyancing process including opening files, taking ID, giving quotes, completing searches, post completion work, and handling the admin throughout the matter. The role will include working for a fee earner and liaising with clients, lenders, solicitors, and estate agents so a positive, friendly, yet professional manner is essential. The role involves preparing bills ,  dealing with SDLT’s, OS1s and post completion and registration formalities with minimal supervision. The successful applicant will be organised, able to prioritise and have a positive can do attitude, especially when dealing with clients.

Knowledge, skills, & experience:

  • Minimum 2 years experience within a similar role
  • Experience in the conveyancing and transaction processes
  • Experience in dealing with post competition work
  • Experience dealing with transfers of equity would be useful, but is not essential
  • Experience of Case Management computer systems

How to apply:

Please send your CV with a covering letter to roates@vhpl.co.uk by 31st October 2019.

 

Valerie Holmes Property Lawyer appointed as Chair Person of the Society of Licensed Conveyancers

Valerie Holmes, a Property Lawyer based in Hipperholme, Halifax has been appointed as Chair Person of the Board of the Society of Licensed Conveyancers. This is a great accolade that a Licensed Conveyancer based in Hipperholme, Halifax, West Yorkshire is taking a national role.

 

With over 30 years’ experience, been an active SLC Board Member since 2013, and running Valerie Holmes Property Lawyers for 12 years,  Val is passionate about making the legal process of buying a home quicker and easier.

 

Val explained: “I'm delighted to have been appointed as the new SLC Chairman and relish the opportunity to continue the great work of Simon Law and the Board along with Mike Ockenden and his Secretariat team. I look forward to working with the Society’s Board and its Members to provide constructive responses to Government consultations, and to working together with the CLC and other legal bodies to make the conveyancing process quicker and easier to benefit the general public”.

 

“The housing market is picking up and I am active in assisting Gvernement to make buying and selling property easier to benefit my future clients.”

 

 

Valerie Holmes Property Lawyer celebrates winning Small Conveyancing Firm in the North

The Law Firm Services Awards held at the NEC in Birmingham announced Valerie Holmes, a Property Lawyer from Hipperholme, Halifax as the winner of the Small Conveyancing Firm in the North Award.

In the Judges Report, the Law Firm Services reported, “It was clear that this firm puts their clients at the centre of everything they do. The team go above and beyond for their clients, ensuring they provide the best quality service to all. They cater for individuals and offer a very personal touch, making them stand out from other small firms. Their application also stood out from the rest. They explain the home buying process and requirements clearly and concisely to their clients and ensure they are supported throughout.”

Valerie Holmes responded, “We work really hard so it’s brilliant to receive this recognition. Moving house can be emotional and stressful and I have to say a massive thank you to the team for consistently delivering brilliant service and reassurance to our clients.”

 

Help to Buy ISA

The government announced the introduction of a new type of ISA in the March Budget, the Help to Buy ISA, which will provide a tax free savings account for first time buyers wishing to save for a home.

The scheme will provide a government bonus to each person who has saved into a Help to Buy ISA at the point they use their savings to purchase their first home. For every £200 a first time buyer saves, the government will provide a £50 bonus up to a maximum bonus of £3,000 on £12,000 of savings.

The government has now announced that Help to Buy ISAs will be available for first time buyers to start saving into from 1 December 2015.First time buyers will be able to open their Help to Buy ISA accounts with an additional one off deposit of £1,000.

 

Restricting loan interest relief for 'buy to let' landlords

The government will restrict the amount of income tax relief landlords can get on residential property finance costs to the basic rate of income tax. Finance costs include mortgage interest, interest on loans to buy furnishings and fees incurred when taking out or repaying mortgages or loans. No relief is available for capital repayments of a mortgage or loan.

Landlords will no longer be able to deduct all of their finance costs from their property income. They will instead receive a basic rate reduction from their income tax liability for their finance costs. To give landlords time to adjust, the government will introduce this change gradually from April 2017, over four years.

The restriction in the relief will be phased in as follows:

- in 2017/18, the deduction from property income will be restricted to 75% of finance costs, with the remaining 25% being available as a basic rate tax reduction

- in 2018/19, 50% finance costs deduction and 50% given as a basic rate tax reduction

- in 2019/20, 25% finance costs deduction and 75% given as a basic rate tax reduction

- from 2020/21, all financing costs incurred by a landlord will be given as a basic rate tax reduction.

This restriction will not apply to landlords of furnished holiday lettings.

 

Other changes to property taxation

From April 2016 the government will:

- replace the Wear and Tear Allowance wiht a new relief that allows all residential landlords to deduct the actual costs of replacing furnishings. Capital allowances will continue to apply for landlords of furnished holiday lets. 

- increase the level of Rent-a-Room relief from £4,250 to £7,500 per annum.

 

Source: Sleigh & Story Chartered Accountants, The Second Budget 2015.

Important changes to stamp duty land tax

The Chancellor's Autumn Statement announced a major reform of SDLT for residential property transactions. With effect from 4 December 2014 the structure, rates and thresholds are being changed. 

The new rates, which apply where purchases are completed on or after 4 December 2014, are set out below.  Each new SDLT rate will only be payable on the portion of the property value which falls within each band (rather than tax being due at one rate on the entire property value).

Transitional rules apply where contracts are exchanged before 4 December but the transaction completes on or after that date.  In that situation, buyers will be able to pay SDLT under the old rules or the new rules, whichever is more beneficial for them.

Key points:
•   This is a move from a "slab" to a "slice" system.
•   Changes take effect for transactions completing on or after 4 December 2014 (with transitional rules for those who exchanged contracts before that date)
•   The reform affects residential property transactions only.  Commercial property transactions are unaffected
•   The new rates will apply to homes purchased in Scotland until 31 March 2015. After this date the Land and Buildings Transaction Tax (LBTT) replaces SDLT in Scotland.

Under the new rules, tax will be charged at a marginal rate on each slice of the consideration for a transaction:
•   0% on any amount up to £125,000
•   2% on any amount over £125,000 up to £250,000
•   5% on any amount over £250,000 up to £925,000
•   10% on any amount over £925,000 up to £1,500,000
•   12% on any amount over £1,500,000

Anyone who exchanged contracts before 4 December (and completes on or after that date) can choose whether to use the old or the new rules simply by entering the appropriate amount of tax on their land transaction return.

 

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