Conveyancing in Newmarket
Conveyancing is the work a solicitor does to transfer the legal title of a house or flat from one person to another. If you need a solicitor for conveyancing in Newmarket, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have years of experience helping homemovers in Newmarket and throughout Forest Heath handle their sale, purchase, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Buying property in Newmarket
A market town in Suffolk, Newmarket is known as the birthplace of thoroughbred horse racing and is home to the National Horseracing Museum. It has a railway station, providing links to Cambridge and Ipswich. The town has a population of approximately 21,000.
Council Tax in Newmarket (2023/24)
Newmarket is in Forest Heath District Council.
Band | Amount |
---|---|
A | £1,361.00 |
B | £1,587.83 |
C | £1,814.66 |
D | £2,041.50 |
E | £2,495.17 |
F | £2,948.83 |
G | £3,402.50 |
H | £4,083.00 |
What does a Newmarket property lawyer do?
Your conveyancer handles all of the post-offer aspects of buying property.
They will carry out comprehensive due diligence on the property, like raising questions for the seller's solicitor, property searches, ensuring necessary funds are correctly transferred and registering your property at HMLR.
In addition to standard searches, Newmarket conveyancing solicitors may undertake coastal erosion checks for properties along the coastline.
Buying a home with a mortgage?
Whether you are buying a commercial property or a first-time buyer, your solicitor must also complete legal work for your lender.
If your conveyancing solicitor isn't accepted on your chosen mortgage provider's panel, it could take weeks longer to complete your purchase.
Over 100 building societies, banks and lenders have approved our chosen panel solicitors, so we can help you complete your Newmarket transaction smoothly.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We have also helped Newmarket home movers with the legal work for:
When you purchase a flat or house in a conservation area, your conveyancer will check for restrictive covenants, including planning restrictions or area consents. Conservation areas in Newmarket and the Forest Heath local authority include Higham, Lakenheath, Freckenham, Dalham and Eriswell.Conservation area
There are more than 500,000 listed buildings across the country, and around 420 of which are in Forest Heath District Council. Newmarket listed buildings include: Owning a listed building brings its own set of challenges. Examples of the obligations placed upon listed building owners include a duty to maintain the exterior appearance, and consent for additions like satellite dishes or external lighting. Our expert conveyancing solicitor panel will clarify the additional legal obligations your planned listed building purchase will entail. Read more:Buying a listed building
New Build Conveyancing
The conveyancing process for acquiring a new build home in Newmarket your lender's mortgage requirements.
A solicitor in Newmarket will need to be qualified to handle things like handling reservation fees, confirming right of way over drains and sewers and your lender's mortgage requirements.
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Leasehold flats
Over 90% of flats in the UK are leasehold. There are also an estimated 1 million leasehold houses throughout the country. Buying a leasehold flat will usually take more time than a freehold home because there is more to prepare.
Varied factors, such as an absent freeholder or slow receipt of the managing agent information, can lead to serious delays.
Our expert leasehold conveyancing team complete the legal work for 100's of leasehold purchases each month, and our proactive approach can mean faster conveyancing.
Selling property in Newmarket
The sale of a home in Newmarket will require your conveyancer to first prepare vital paperwork, including the TA6 and TA10 property information forms and the contract of sale.
The lawyer will advise on enquiries sent by the buyer's conveyancer, sort out potential snags and redeem the existing mortgage. Your solicitor will also communicate effectively with the other parties, including agents, managing agents and lenders, confirming that the sale is completed successfully.Does it take longer to sell a leasehold property?
Yes, compared to freehold conveyancing. The conveyancing for selling a leasehold house or flat usually takes longer.
The buyer's conveyancer will want to see these documents, including management company information. Typically, delays are due to the time required by your lawyer to source this information.
Your solicitor should get this underway as soon as possible, because this paperwork can take a long time to gather if it is difficult to contact the landlord or managing agent or they are slow to respond.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgaging
Latest Bank of England base rate now at 4.5% (30 April, 2025)
Before you appoint a solicitor to handle your remortgage, don't forget to double-check your conveyancer's lender panel membership.
Our partner panel solicitors can work on behalf of almost all lenders, so whether you are switching to a 2-year fixed rate from Virgin Money or taking out a capped mortgage from Darlington Building Society, we can help.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity
If you intend to make changes to the ownership of a property, whether you are gifting a property, dealing with inheritance tax planning or buying out another part-owner, a transfer of equity is required. Your property lawyer will complete the legal work for a guaranteed fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much do conveyancing solicitors fees cost in Newmarket?
Conveyancing solicitors fees
The quote will detail the fees for the legal work, including VAT, to be paid when the conveyancing transaction completes. These legal fees are paid to your conveyancing solicitor for the tasks they complete.
Disbursements
The conveyancing quote should also include any disbursements, which are third-party costs, including Local authority searches, Stamp Duty or a verification of identity fee.
Check what's included in your conveyancing quote
When comparing quotes, beware of hidden fees or extra charges. Some firms list extra charges in their terms and conditions. This can lead to an inflated final bill.