County Durham conveyancing FAQs
How much Council Tax will I pay for a property in Durham County Council?
County Durham is situated in Durham County Council. Council tax bands are as follows:
|Band||Durham County Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are County Durham conveyancing fees fixed?
Some conveyancing solicitors in County Durham offer their services on an hourly rate others work on a fixed fee.
Our property lawyers work on a fixed fee basis, with no nasty surprises. Your detailed quote will explain what the legal fees will be when your home sale or purchase completes.
If, for any reason at all, your home sale or purchase does not go ahead, you have the peace of mind of our No Sale, No Fee guarantee.
Will I need property searches when buying a property in County Durham?
Property searches are detailed questions submitted to a number of authorities by County Durham conveyancing solicitors to identify issues affecting the home you want to buy. Mortgage lenders also usually require conveyancing searches to be purchased.
How long does leasehold conveyancing take in County Durham?
The vast majority of flats are leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. Purchasing a leasehold flat can take weeks more to complete than freehold property because there is more to prepare.
Examples of delays might include anything from incomplete managing agent information to an unreachable freeholder.
Quittance's expert leasehold solicitors complete the legal work for 100's of leasehold purchases each month, and our proactive approach means delays are less likely to occur.
Is there anything to be aware of if selling a leasehold property in County Durham?
The conveyancing process for a leasehold flat or house is a great deal more protracted compared to a freehold house.
Leasehold complexity involves additional tasks on the part of conveyancing solicitors in County Durham. This can involve sourcing the latest service charge and ground rent statement, through to a copy of the service charge budget for the current year.
In order to resolve any leasehold problems faster, It is recommended that you instruct a County Durham conveyancing solicitor as soon as possible.
Will I need a conveyancing solicitor if I am remortgaging my County Durham property?
The official UK base rate is currently set at 0.75% (Feb 2019). A good County Durham remortgage solicitor will complete the conveyancing process quickly and get you into your new rate.
Our property lawyers are members of most UK mortgage lenders, so whether you are you are changing to a flexible mortgage with the Bank of Scotland or to a variable-rate mortgage with the Harpenden Building Society, our remortgage team can assist.