Conveyancing in Newcastle Upon Tyne
Conveyancing involves all the legal aspects of transferring the ownership of a property from a seller to a buyer, handling a remortgage, or transferring equity. If you're looking for a conveyancing solicitor in Newcastle Upon Tyne, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped Newcastle Upon Tyne and Tyne and Wear clients 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, South Shields, Sunderland, Tynemouth and Wallsend
Buying property in Newcastle Upon Tyne
The largest city in the north east, Newcastle in Tyne and Wear forms the core of the Tyneside conurbation. Although this is the 8th most populous urban area in the UK, it is surrounded by one of the most beautiful regions in the UK, close to the Pennine hills and Northumberland coast.
It is a lively and diverse city with a buoyant economy which includes corporate headquarters, learning, call centres, digital technology, retail, tourism and cultural centres.
The city is served by the Tyne & Wear Metro, a system of suburban and underground railways covering much of the region.
Council Tax in Newcastle Upon Tyne (2023/24)
Newcastle Upon Tyne is in Newcastle upon Tyne City Council.
What does a Newcastle Upon Tyne property lawyer do?
A conveyancer handles all of the post-offer aspects of buying property, and leads you through the legal side of transferring ownership from the seller to the buyer.
Your solicitor will order searches, raise questions for the seller's solicitor, review the lease (if applicable) and ensure that post-purchase requirements, like paying Stamp Duty, are completed.
In addition to standard searches, Newcastle Upon Tyne conveyancing solicitors may also carry out searches for historic mining and industrial activity and flood risk.
Purchasing a property with a mortgage?
When buying with a mortgage, it is normal for your solicitor to also act for the bank or building society that's giving you the mortgage.
If your conveyancing solicitor is not on your chosen lender's panel, your purchase could take weeks longer and incur the cost of an additional solicitor to act for the lender.We work with lawyers who can represent the vast majority of lenders, such as major banks like Barclays, to smaller lenders like Cambridge Building Society and Landbay - helping to ensure your transaction completes faster.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also help home buyers in Newcastle Upon Tyne with the legal work for:
There are more than half a million listed properties across the country - around 830 of which are in Newcastle upon Tyne City Council. Newcastle Upon Tyne listed buildings include: Listed buildings come with complex rules that the owner must adhere to. Our expert conveyancing solicitor panel will discuss with you what commitments you are making as a listed building owner. Examples include use of traditional methods and materials for maintenance, required consent for any alterations and . Read more:Buying a listed building
Selling a house or flat in Newcastle Upon Tyne
The sale of property in Newcastle Upon Tyne will require the solicitor to first arrange all the necessary documentation, including the contract of sale and the various property information forms.
The solicitor will resolve any potential issues, handle questions from the buyer's side and redeem the existing mortgage.
Your solicitor will also coordinate with both sides, including estate agents and banks or building societies, to confirm that the property sale completes as soon as possible.
Is there anything to be aware of if selling a leasehold property in Newcastle Upon Tyne?
The legal work for a leasehold flat or house is quite a lot more specialised in comparison with a freehold house.
The complex nature of leasehold property means that conveyancing solicitors in Newcastle Upon Tyne must carry out additional work. This can involve sourcing the latest service charge and ground rent statement, through to ascertaining if any excess payments are anticipated.
To reduce leasehold-related delays, It is recommended that the seller instruct a Newcastle Upon Tyne conveyancing solicitor as soon as is practicable.
Conveyancing for selling a property
Remortgaging
The current Bank of England base rate is 5.25% (7 December, 2024)
Before you instruct a remortgage solicitor, make sure you verify your conveyancer's lender panel status.
Our partner panel solicitors can act for over 100 building societies and banks. Whether you are switching to a 25-year mortgage from Bank of Scotland or moving to a variable rate mortgage with Accord, we can help take care of the legal side.
Read more:
Check our panel solicitors can act for your mortgage lender
Get a remortgage conveyancing quote
Transfer of equity
Whether you are tax planning for the future, adding one or more people to the deeds or gifting a home, you'll need the help of a transfer of equity solicitor. Your property lawyer will deal with the legal work for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are conveyancing fees in Newcastle Upon Tyne?
Conveyancing fees
Your conveyancing solicitor's quote will set out the legal fees (inc. VAT) that you pay when the property transaction is complete. These fees are what your lawyer charges you for the legal work that they complete.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, such as Stamp Duty Land Tax (SDLT), HM Land Registry fees and property searches.
Check the quote for hidden costs
Some solicitors' quotes may set out extra costs in their terms and conditions, resulting in a final bill that is higher than the original quote. If you are comparing conveyancing quotes, beware of extra fees.