Newark-on-Trent is a desireable market town in Nottinghamshire. It grew up around its castle and market place and was an important centre for the cloth and wool trades. There are several major employers in the town, including food manufacturers, distribution hubs and engineering companies. The number of people in employment is higher than the national average and earnings are 7% higher than in the surrounding East Midlands region.
There are a number of attractive small towns and villages surrounding Newark and the town has excellent transport links via the East Coast railway and A1 motorway.
Newark conveyancing FAQs
How much Council Tax will I pay for a property in Peterborough City Council?
Newark is situated in Peterborough City Council. Council tax bands are:
|Band||Peterborough City Council Tax (2018/19)|
Stamp duty calculator
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Newark?
Conveyancing fees are made up of legal fees and disbursements.
Disbursements are the third-party costs paid out on your behalf, for example Stamp Duty and Official Entries. Legal fees are for the work our solicitors carry out for you.
Our fees for buying or selling a house in Newark are fixed, - for a standard transaction, what we quote is what you pay
Calculate the conveyancing fees for your Newark move
Our online conveyancing fees calculator can give you a comprehensive conveyancing quote including all of the legal costs involved in buying and selling your home.
I'm purchasing a house in Newark which property searches will I require?
The standard search pack will include:
- Regulated Local Authority Search
- Regulated Drainage and Water Search
- Residential Environmental Search
- Chancel search
Occasionally the initial search results will recommend specialist searches such as a mining search.
To work out the total cost of searches on a Newark property try our conveyancing calculator.
I am buying a leasehold property in Newark - what do I need to know?
Purchasing a leasehold house or flat can be complicated. The many potential complications lying in wait for the unsuspecting buyer can include legally technical issues like undisclosed major works and onerous clauses in the lease.
A specialist leasehold solicitor will look into all potential issues with the lease and report back to you.
Could the sale of a leasehold property be delayed?
Yes, that's correct, it can take considerably longer to carry out the legal work to sell a leasehold property when compared to conveyancing on a freehold house.
The solicitor acting for the buyer will need to review this leasehold-related paperwork. These could include details of any breaches by other leaseholders and a copy of buildings insurance for the common parts of the property. Delays are usually the result of the time required by your solicitor to get these documents together.
It could take several weeks to collect this paperwork if it is difficult to contact the managing agent, so the seller's solicitor should commence this even before you have found a buyer.
I am buying a new build property in Newark - what do I need to know?
The legal work for purchasing a new build home in Newark can be complicated compared to other types of conveyancing.
A good solicitor in Newark will need to be qualified to handle things like dealing with fast exchange timeframes, ensuring compliance with planning regulations and registering ownership with warranty providers such as NHBC, Advantage and BOPAS.
Our highly experienced team of new build conveyancers are experts in helping buyers get a successful transaction and working to tight developer deadlines.
I am remortgaging a property in Newark - do I need a solicitor?
The official UK base rate is currently set at 0.75% (Feb 2019). A good Newark remortgage solicitor will complete the conveyancing process quickly and get you into your new rate.
Our conveyancing team can act for most UK lenders, so no matter whether you are changing to an offset mortgage with the Halifax or to a fixed-rate mortgage with the Skipton Building Society, our remortgage team can assist.