Durham conveyancing FAQs
What are the council tax bands in Durham County Council?
Durham is situated in Durham County Council. Council tax bands in 2019 are as follows:
|Band||Durham County Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Durham?
Conveyancing fees are made up of 2 parts: legal fees and disbursements.
Disbursements are the costs payable as part of a conveyancing transaction, incurred on behalf of a buyer or seller, for example Land Registry fees or searches. Legal fees are for the work our solicitors carry out for you.
Our legal fees for buying or selling a house in Durham are fixed, - what we quote is exactly what you pay
Calculate the conveyancing fees for your Durham home move
Our online conveyancing fees calculator gives you a detailed fixed fee quote with a detailed breakdown of all fees, costs and disbursements for your Durham sale or purchase.
Will I need property searches when buying a property in Durham?
Searches are enquiries submitted to a number of authorities by Durham conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
How long does leasehold conveyancing take in Durham?
Almost every flat in the UK is leasehold. There are also an estimated 1 million leasehold houses throughout the country. The conveyancing for leasehold property typically takes longer than a freehold house because there is more work involved.
Varied factors, such as an absent freeholder or incomplete service charge accounts, can lead to serious delays.
Quittance's team of leasehold specialists complete the legal work for 100's of leasehold purchases each month, and our proactive approach can mean faster conveyancing.
Does it take longer to sell a leasehold property?
Compared to freehold property, yes. The conveyancing for selling a leasehold property can be seriously delayed.
The buyer's solicitor will want to see this leasehold-related paperwork, including a copy of buildings insurance for the common parts of the property. The time it takes your lawyer to gather this paperwork is the common cause of such delays.
The seller's solicitor should commence this even before a sale has been agreed, because these details could take several weeks to collect if the managing agent or landlord is slow or difficult to contact.
Will I need a conveyancing solicitor if I am remortgaging my Durham property?
Yes, you will need a remortgage conveyancing solicitor.
The official UK base rate is currently set at 0.75% (Feb 2019). A good Durham remortgage solicitor might even save you a few mortgage payments on your old rate.
Our property lawyers are on the panel for all major lenders, so whether you are you are moving to an interest-only mortgage with the Halifax or to a capped-rate mortgage with the Furness Building Society, Quittance can help.