Conveyancing in Tynemouth
Conveyancing is the legal transfer of a property from a seller to a buyer. handled by a solicitor or licenced conveyancer. If you're looking for a conveyancing solicitor in Tynemouth, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped clients in Tynemouth and throughout North Tyneside with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Gateshead, Newcastle Upon Tyne and Sunderland
Buying property in Tynemouth
A town in Tyne and Wear, Tynemouth is known for its scenic coastline, Tynemouth Castle and Priory, and bustling weekend market. The town offers coastal living with easy access to urban amenities.
Tynemouth Metro station provides services to Newcastle, making it a popular area for commuters. The town has a population of approximately 18,000.
Council Tax in Tynemouth (2023/24)
Tynemouth is in North Tyneside Council.
| Band | Amount |
|---|---|
| A | £1,408.23 |
| B | £1,642.93 |
| C | £1,877.63 |
| D | £2,112.34 |
| E | £2,581.75 |
| F | £3,051.16 |
| G | £3,520.57 |
| H | £4,224.68 |
What do conveyancing solicitors do?
A solicitor plays an essential role during a property purchase, and assists you with the legal aspect of buying a property. This means carrying out comprehensive due diligence on the property, including raising questions about how the seller has used the property, ordering property searches, handling the transfer of funds and registering your ownership of the property.
In addition to standard searches, Tynemouth conveyancing solicitors may undertake searches for historic mining and industrial activity and flood risk.
Are you purchasing a home with a mortgage?
During the conveyancing process, your solicitor must also complete the legal work on behalf of your mortgage lender. If your conveyancing solicitor isn't accepted on your chosen mortgage provider's panel, it could take weeks longer to buy your house.
Our chosen partner solicitors have established relationships with the majority of mortgage lenders, including major banks like Co-operative Bank, to smaller lenders like Cambridge Building Society and CHL Mortgages, helping to ensure your transaction completes faster.
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Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
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We can also assist home buyers in Tynemouth with conveyancing for:
When buying a home in a conservation area, your solicitor or licensed conveyancer will check for restrictive covenants, e.g. footpath rights or restrictions on animal ownership. Conservation areas in Tynemouth and across the North Tyneside local authority include Sacred Heart Church, Wideopen, The Green, Longbenton and Northumberland Square.Conservation area
Approximately half a million listed properties exist in England and Wales, 235 of which are in North Tyneside Council. Listed buildings in and around Tynemouth include: Listed buildings come with complex rules that the owner must adhere to. Examples of the obligations placed upon listed building owners include use of traditional methods and materials for maintenance, and required consent for landscaping. Our expert solicitor panel will discuss with you the obligations imposed by listed property ownership. Read more:Buying a listed building
New Build Conveyancing
The conveyancing process for acquiring a new build property in Tynemouth can be complicated compared to other types of conveyancing.
A conveyancer in Tynemouth will need to be qualified to handle things like dealing with delays associated with off-plan, verifying rights of easements and checking new build warranties with warranty providers, including NHBC Buildmark, Advantage HCI and Ark Residential.
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Selling a property in Tynemouth
The sale of a house or flat in Tynemouth will require your solicitor to first prepare the necessary documentation, including the contract of sale and the TA6 and TA10 property information forms.
The conveyancer's role involves resolving issues like absence of easement and answering the buyer's solicitor's enquiries. Your lawyer will also coordinate with both sides, like agents, managing agents and lenders, ensuring that the sale of your property is completed successfully.Is there anything to be aware of if selling a leasehold property in Tynemouth?
Conveyancing for a leasehold flat (leasehold houses are rare) is quite a lot more involved than for a more straightforward freehold house.
The complex nature of leasehold property means that conveyancing solicitors in Tynemouth will usually undertake extra work, and this could include requesting an up-to-date service charge statement, through to a copy of the service charge budget for the current year (and any anticipated payments on account).
To help mitigate the delays involved in selling a leasehold house or flat, It is highly recommended that the seller instruct a lawyer as soon as possible.
Conveyancing for selling a property
Remortgaging
The official base rate is 5.25% (18 April, 2024)
Before you instruct a remortgage solicitor, your solicitor needs to be able to act on your chosen lender's behalf.
We work with remortgage solicitors who are on the solicitor panels of over 100 mortgage lenders. Whether you are changing to a 5-year fixed rate with NatWest or moving to a first time buyer mortgage with Allied Irish Bank, we can help your remortgage complete quickly.
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Check our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Transfer of equity
Whether you are gifting a share of a property, inheritance tax (IHT) planning or changing the legal ownership structure, you'll need the help of a solicitor or licensed conveyancer to carry out a transfer of equity.
Your legal representative will handle all the required documentation and register the new interest at HM Land Registry for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much does conveyancing cost in Tynemouth?
Conveyancing quotes often include costs that might be new to many:
Conveyancing fees
Your conveyancing solicitor's quote will set out the legal fees (inc. VAT) to be paid when the conveyancing transaction completes. These fees are what your solicitor or conveyancer charges you for the legal services they provide.
Conveyancing disbursements
Your quote should also list any disbursements, which are costs paid to third parties on your behalf, such as Stamp Duty and Land Registry fees.
Check the quote for hidden costs
Some solicitors' quotes include additional fees in the small print, resulting in a higher final bill. If you are comparing quotes, watch out for additional charges.
