Durham conveyancing FAQs
What are the Council Tax bands in Durham County Council in 2021?
Durham is situated in Durham County Council. Council tax bands in 2021 are as follows:
|Band||Durham UA Council Tax (2021/22)|
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 your solicitor carries out for you.
Your legal fees for buying or selling a house in Durham are fixed, - what you are quoted 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.
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 0.1% (Jan 2021). A good Durham remortgage solicitor might even save you a few mortgage payments on your old rate.
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.
Can Quittance help with a transfer of equity on my Durham property?
A 'transfer of equity' will be required if the ownership structure of the Durham property needs to be changed, or if the property is being given (gifted) to a child or relative. The legal process of transferring equity is different to the purchase or sale of the whole property. Your conveyancing solicitors can carry out the legal work for you for a guaranteed fixed fee. If you intend to remortgage at the same time as the transfer, we can complete the remortgage legal work in parallel.
Your next step
If you are buying, selling, remortgaging or transferring equity in a property in Durham, we can help you find an expert conveyancing solicitor.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
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Puzzled by the
Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:See more FAQs