Peterlee conveyancing FAQs
How much is the council tax in Durham County Council?
Peterlee 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:
Are Peterlee conveyancing fees fixed?
Some conveyancing solicitors in Peterlee offer their services on an hourly basis others work on a fixed fee.
Our panel of conveyancing solicitors work on a fixed legal fee basis, with no unexpected 'add-ons'. Your conveyancing quote will set out what you will pay when your house sale or purchase goes through.
If, for any reason at all, your house sale or purchase does not go ahead, you will be covered by our No Sale, No Fee guarantee.
I'm purchasing a home in Peterlee - what searches do I need?
The search pack for a standard property includes:
- Official or Regulated Local Authority Search
- Regulated Water Search
- Residential Environmental Search
- Chancel search liability
Sometimes the location of the property will warrant specialist searches , for example a mining search.
To see the total cost of searches on a Peterlee house or flat try our online conveyancing costs calculator.
How long does leasehold conveyancing take?
The vast majority of flats are leasehold. There are also an estimated 1 million leasehold houses throughout the country. Purchasing leasehold property can take weeks longer than freehold property because leasehold transactions involve more work.
Examples of delays might include anything from slow receipt of the managing agent information to out-of-date contact information for the freeholder.
Quittance's team of leasehold specialists look after hundreds of leasehold clients every month. Our proactive approach means fewer obstacles.
Does the conveyancing for selling leasehold take longer?
Correct, it can take considerably longer to conduct the conveyancing to sell a leasehold house or flat when compared to conveyancing on a freehold house.
The solicitor acting for the buyer will want to see several leasehold-related documents, like a copy of buildings insurance for the common parts of the property and details of any breaches by other leaseholders. The time it takes to get these documents together is commonly the source of delays.
The solicitor ought to start this process even before a sale has been agreed, as this paperwork can take weeks to collect if it is difficult to contact the landlord or managing agent or they are slow to respond.
I am buying a new build property in Peterlee - what do I need to know?
The legal work for acquiring a new build in Peterlee can be complicated compared to other types of conveyancing.
An experienced solicitor in Peterlee must be able to deal with things like dealing with fast exchange timeframes, confirming rights to use pipes and cables (e.g. phone, data, fibre, electricity) and registering ownership with warranty providers, including NHBC Buildmark, Advantage HCI and Ark Residential.
Our specialist team of new build solicitors are well versed in helping buyers get the best possible outcome and working to tight developer deadlines.
I am remortgaging a property in Peterlee - do I need a solicitor?
Yes you will need a solicitor to handle the legal side of the remortgage.
The official UK base rate is currently set at 0.75% (Feb 2019). A proactive conveyancing solicitor in Peterlee should be able to complete the conveyancing quickly and get you onto your new rate without delay.
Our conveyancing team are members of most UK mortgage lenders, so no matter whether you are switching to a 95% mortgage with the Co-operative Bank or to a variable-rate mortgage with Virgin Money, our remortgage specialists can help.