Wallsend conveyancing FAQs
What are the council tax bands in North Tyneside Council?
Wallsend is situated in North Tyneside Council. Council tax bands are as follows:
|Band||North Tyneside 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 Wallsend?
Conveyancing fees include the solicitor's legal and disbursements.
Disbursements are the third-party costs incurred on your behalf, e.g. Stamp Duty Land Tax and Official Entries. Legal fees are for the legal work carried out by the solicitor.
Our legal fees for buying or selling a house in Wallsend are fixed, meaning what we quote is what you pay
Calculate the conveyancing fees for your Wallsend home move
Our online conveyancing fees calculator can give you a comprehensive conveyancing quote with a detailed breakdown of all fees, costs and disbursements for your Wallsend sale or purchase.
I'm buying a house in Wallsend - what searches do I need?
The search pack for a standard property includes:
- Regulated Local Authority Search
- Regulated Water Search
- Residential Environmental Search
- Chancel liability insurance (if required)
Occasionally the location of the property will warrant specialist searches e.g. a search.
To work out the total cost of searches on a Wallsend purchase, try our online conveyancing costs calculator.
I am buying a leasehold property in Wallsend - what do I need to know?
Purchasing a leasehold house or flat in the UK requires a number of extra steps when compared to buying a freehold. The numerous common problems lying in wait for the unsuspecting buyer can include legally technical issues like costly and undisclosed major works and unreasonable lease extension premiums.
Your solicitor will look into all potential issues with the lease and report back to you.
Does a leasehold property take longer to sell?
Yes. The legal work for selling a leasehold home can be seriously delayed.
The buyer's conveyancer will expect 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. Delays are usually caused by the time required by the seller's conveyancer to get these documents together.
It can take a long time to gather these details if it is difficult to contact the agent responsible for managing the property, so the seller's solicitor should get this underway even before a sale has been agreed.
I am buying a new build property in Wallsend - what do I need to know?
The legal work for purchasing a new build in Wallsend is more complicated than buying an existing property.
Your solicitor in Wallsend will need to be qualified to handle things like helping with mortgage offer extension terms, handling initial Land Registry registration and registering ownership with warranty providers, including NHBC, Advantage HCI and Q Assure.
Our specialist team of new build solicitors are experts in representing buyers to achieve the best possible outcome and working to tight developer deadlines.
Will I need a conveyancing solicitor if I am remortgaging my Wallsend property?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 0.75% (Feb 2019). A proactive conveyancing solicitor in Wallsend might even save you a few mortgage payments on your old rate.
Our property lawyers are on the panel for all major lenders, so no matter whether you are switching to an offset mortgage with the Bank of Scotland or to a capped-rate mortgage with the Leeds Building Society, we can help.