Updated: October 12, 2018

Whitley Bay conveyancing solicitor fees and costs

No Move, No Fee conveyancing in Whitley Bay

Conveyancing solicitor fees are the charges you pay to conveyancing solicitors in Whitley Bay for handling the legal work for your move.

Are Whitley Bay conveyancing fees and costs fixed?

Our solicitors work on a fixed No Sale, No Fee conveyancing basis with no hidden fees, unlike some other conveyancing solicitors in Whitley Bay who work on a cost per hour basis. Your conveyancing quote will set out exactly what you will need to pay when your house or flat sale completes.

Are there any other costs in addition to conveyancing fees?

You will have to pay any 'disbursements', in addition to the solicitor's conveyancing fees.

Disbursements are the costs and expenses a solicitor needs to pay out on behalf of a client, such as Stamp Duty Land Tax or managing agent information.

See: A guide to conveyancing fees, costs and disbursements

How much will the total Whitley Bay solicitor conveyancing fees be?

Whitley Bay conveyancing solicitor fees will be the same as anywhere else in the UK. However, there may be some variation in certain disbursements. For example, Local Authority (LA) Search fees will vary and specific extra searches, such as a Coal Authority search, may be necessary.

There are no hidden costs or surprises to be paid with Quittance. For a standard home sale or purchase, the fees we quote are the fees you pay. To calculate your conveyancing fees, try our conveyancing fees quote calculator: Click here

Quittance's conveyancing fees were considerably cheaper than the Estate Agent's recommended solicitor's fees

Conveyancing - Buying a property in Whitley Bay

The conveyancing for a property buyer will need a conveyancing solicitor in Whitley Bay to consider a wide range of issues. Examples of such factors are problems with the property's title (e.g. no 'absolute' title) and sitting tenants affecting the future saleability of the property.

The purchaser's solicitor will feed the results of their enquiries back to the buyer and their mortgage lender, make practical suggestions and ensure that the full legal ownership is transferred.

The following section sets out advice for homebuyers searching for conveyancing solicitors in Whitley Bay.

Your Whitley Bay conveyancing solicitor must be lender-approved

There are many mortgage providers available to homebuyers, from a financial institution like Atom Bank, to a large lender such as Halifax. Before you select a conveyancing solicitor in Whitley Bay, whoever you choose, it is paramount that you confirm that they can act for your lender.

Many mortgage lenders are only prepared to work with a select group (often referred to as a 'panel') of solicitors or licensed conveyancers that pass strict standards. If a conveyancer can't act for your lender, the lender will probably need a second firm to complete the legal work.

The borrower will usually need to pay this alternative lawyer's costs, and the conveyancing process can take much longer.

Neglecting to check your property solicitor's lender panel status can result in significant delays.

Our solicitors can carry out the legal work for all major and minor mortgage providers.

North Tyneside Council searches and other searches

Property searches are enquiries made by Whitley Bay conveyancing solicitors to identify information and potential issues affecting the property being purchased.

Searches are primarily performed to meet lender requirements. These will include the local authority (LA) search, environmental search, drainage & water search and chancel repair liability.

Further searches, such as a highways authority search or a geological search, may also be referred to subject to the outcome of the initial searches.

The typical processing time for conveyancing searches obtained from North Tyneside Council is 4 weeks. Faster personal searches (as opposed to official LA searches) will therefore be recommended.

Planning permissions

Official Entries (or 'office copies') will also be obtained from HMLR by your conveyancing solicitor. This will help to highlight any potential issues, such as restrictions that limit alterations or the title plan showing only very general boundaries.

North Tyneside Council Council Tax

The council tax paid by a homeowner is based on various factors that include the size and character of the property and the property's value as at 1 April 1991. For example, for an average Band D property in Whitley Bay, the amount payable would be £1,713 per year.

Conveyancing solicitors in Whitley Bay will inform the buyer of the home's tax band after this is confirmed by the searches.

If the property is unoccupied for over 24 months, the owner will pay 150% of the relevant rate. Single person discount reduces the tax due to 75%, which would equal £1,285.

Other discounts and exemptions may also apply, e.g. if the property is a second home then a 10% discount will be applied or if you are a live in carer looking after someone who isn't a spouse or relative. Property built after 1991 is assessed and given a council tax banding by the Valuation Office Agency (VOA).

Band North Tyneside Council Tax (2018)
A £1,142
B £1,332
C £1,522
D £1,713
E £2,093
F £2,474
G £2,855
H £3,426

Could I be overpaying council tax?

To appeal contact:

Valuation Office Agency
Eagle Star House
Regent Centre
Newcastle Upon Tyne
NE3 3TW
Tyne and Wear

In the 2016/17 financial year, 30 council tax challenges were made. 20 resulted in a reduction.

Stamp Duty on Whitley Bay properties

Filling in the SDLT1 form in order to pay Stamp Duty Land Tax is a daunting prospect for a layperson.

A property purchaser will usually need to pay Stamp Duty Land Tax if the property they are buying is valued at over £125k.

Penalties for errors or late filing of the SDLT1 form can be as high as 30%. Quittance use integrated conveyancing case management system to ensure that SDLT is paid immediately after completion.

See table below for Stamp Duty Land Tax examples for properties in Whitley Bay:

  Average sale price (2017) SDLT
Average price £224,668 £1,993.36
Average price (detached) £343,548 £7,177.40
Average new build £246,358 £2,427.16
If you already own another home , anywhere in the world you will be subject to a 3% surcharge. For example, if a property owner bought a second property in Whitley Bay for the average price of £224,668 the stamp duty would be £11,233.40.

Stamp duty relief for first-time buyers in Whitley Bay

Since Nov 2017, first-time buyers only need to pay stamp duty on properties valued over £300,000.

Whitley Bay conveyancing solicitors should ensure their client pays the right amount.

Buying a flat? Leasehold conveyancing in Whitley Bay

New build site

It can be risky to buy a leasehold property without understanding the implications. The many potential traps awaiting the unsuspecting purchaser include:

  • unfair clauses in the lease
  • unpaid service charges by the existing leaseholder
  • absent freeholders
  • exponential ground rents
Erroneous leasehold advice, from a solicitor who has only ever handled freehold purchase and sales, could have costly, long-term consequences.

If you are planning to purchase a leasehold property, a competent conveyancing solicitor in Whitley Bay will investigate aspects of the leasehold purchase, for example :

  • reviewing the lease itself (some leases are over 100 years old)
  • service charges, ground rents and buildings insurance arrangements
  • reviewing correspondence between the freeholder and leaseholder
  • unexpired lease terms
  • managing agent memoranda and articles of association

Ensure that you are aware of all the potential issues and costs associated with the lease - Speak to Quittance Conveyancing's leasehold conveyancing solicitors on 0800 612 0377 today.

Buying a 'New Build' property in Whitley Bay?

New build building site

According to data compiled by HMLR, the average value of new build property in Whitley Bay is £246,358. 80 brand new homes were purchased in Whitley Bay last year.

The legal work for buying a new build home can be more involved than any other type of conveyancing. To avoid potential problems a Whitley Bay conveyancing solicitor must be mindful of local considerations and will consider a range of issues, such as dealing with delays associated with off-plan and spotting incomplete agreements for roads and sewers.

Our specialist team of new build conveyancers deliver an independent view of the property's legal status, whilst being mindful of issues ranging from onerous leasehold conditions to possible freehold acquisition traps.

Conservation areas in Tyne and Wear

Whether you are intending to buy a period country house or a Tudor home, if the property is in an officially designated conservation area, any changes you can make to the property may not be accepted by North Tyneside Council.

These conditions, called Article 4 Directions, may include restrictions on replacing roof tiles, limits on the use of cladding or restrictions on extensions normally within Permitted Development rights.

The local council can order any non-compliant alterations to a property to be changed or removed, such as replacing uPVC windows with traditional wooden frames.

Your conveyancing solicitor will confirm whether the property you are buying is located in one of Whitley Bay's conservation areas.

Conveyancing - Selling a property in Whitley Bay

The legal process for a sale of a home is much easier than for a purchase. With a property purchase, the responsibility is on the buyer to validate that the home they are buying does not have any legal issues.

With a sale, conveyancing solicitors in Whitley Bay acting for the current owner need only respond to enquiries made on behalf of the buyer.

What could go wrong?

Common hurdles, such as excessive service charges or a boundary dispute, can potentially hinder the conveyancing process if not dealt with promptly.

Don't put off finding a solution, trusting that the issue won't be discovered. The best course of action is to talk to a professional, square up to the issue(s), and find a solution ASAP.

Further reading:

Read more helpful advice for sellers here.

Leasehold conveyancing for a sale

Conveyancing for a leasehold flat (leasehold houses are rare) is quite a lot more complicated in comparison with a freehold house.

Leasehold complexity involves additional tasks on the part of conveyancing solicitors in Whitley Bay, for example sourcing an up-to-date service charge statement, through to any details of rules covering common parts that are not contained in the lease.

To accelerate the handling of the leasehold work, it is recommended that you contact leasehold-specialist property lawyer as soon as possible.

Can Quittance conveyancers act for both parties?

A conveyancer who is regulated by the CLC can act for both the buyer and the seller. However, SRA regulations restrict the same conveyancing solicitor from acting on both sides in a house sale and purchase.

If you are buying or selling a Whitley Bay home, and a Quittance conveyancer is carrying out the legal work for the other side, you could contact a local Whitley Bay conveyancing solicitor firm to handle your legal work.

Local Whitley Bay conveyancing solicitor directory

  • Alderson Law LLP, 130-132 Park View, Whitley Bay, Tyne & Wear, NE26 3QN
  • Kidd & Spoor Solicitors Limited, 7 Marden Road, Whitley Bay, Tyne and Wear, NE26 2JN
  • Mitchell Dodds & Co, 208-210 Park View, Whitley Bay, Tyne and Wear, NE26 3QR
  • Williamsons Douglas, 240 Whitley Road, Whitley Bay, Tyne and Wear, NE26 2TF
  • Yarwood Stimpson Ltd, 5 Marden Road, Whitley Bay, Tyne and Wear, NE26 2JL

Conveyancing - Remortgaging a property in Whitley Bay

Whilst there are many reasons to consider remortgaging, homeowners usually remortgage a home to get a lower interest rate.

A good conveyancing solicitor in Whitley Bay will complete the conveyancing quickly, and move you to the better rate sooner. With the base rate now at 0.5% (May 2018) and future interest rate changes hard to predict, fast conveyancing can be a key consideration when securing the rate you want.

To ensure that the lender's investment is secured, a property lawyer will act for both you and the bank or building society.

Gaynor Haliday, Legal researcher

About the author

Gaynor Haliday is an experienced legal researcher and published author. She has had numerous articles published in the press and is a legal industry commentator.

Read more about this Quittance Legal Expert

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