Conveyancing in North Shields
When you buy, sell or remortgage a property, a solicitor or licensed conveyancer will handle the legal work. If you're looking for a conveyancing solicitor in North Shields, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped North Shields and North Tyneside 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, Newcastle Upon Tyne, South Shields, Sunderland and Tynemouth
Buying property in North Shields
A town on the north bank of the River Tyne in Tyne and Wear, North Shields is known for its historic Fish Quay, and the nearby Tynemouth Castle and Priory. The town has a population of approximately 40,000.
Council Tax in North Shields (2023/24)
North Shields 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 will my North Shields solicitor do?
A property lawyer will handle all the legal elements of the transaction.
They will order searches, raise enquires of the seller, review the contract of sale, and handle post-completion tasks, such as HMLR registration and paying Stamp Duty Land Tax.
In addition to standard searches, North Shields conveyancing solicitors could also undertake searches for historic mining and industrial activity and flood risk.
Are you purchasing a home with a mortgage?
When you purchase a property, your solicitor must also handle some legal work for the mortgage lender. If your solicitor is not on your lender's panel, your purchase could take significantly longer to complete and cost you more.
We work with conveyancers who can represent the vast majority of lenders, facilitating a quicker completion of your transaction.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can help North Shields home buyers with the conveyancing for:
When purchasing a home in a North Shields conservation area, your lawyer will check for covenants and restrictions, which could include planning restrictions, and area consents. Conservation areas in North Shields and across the North Tyneside local authority include:Buying a home in a conservation area
Roughly half a million listed buildings exist in England and Wales, and around 240 of which are in North Tyneside Council. Listed buildings and properties in and around North Shields include: Owning a listed building brings its own set of challenges. Examples of the obligations placed upon listed building owners include regular upkeep, and required consent for any alterations. Our specialist panel of property solicitors will explain to you what duties your ownership will impose. Read more:Listed buildings
New Build Conveyancing
The conveyancing for purchasing a new build property in North Shields is more complicated than buying an existing property.
A good solicitor in North Shields must be able to deal with things like liaising with the builder's onsite sales team, verifying rights of easements and registering ownership with warranty providers, including NHBC Buildmark, Advantage and Capital Warranties.
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Buying a leasehold property
Selling a leasehold property requires a number of extra steps when compared to buying a freehold. The many potential traps lying in wait for the unsuspecting buyer can include legally technical issues like unpaid service charges by the existing leaseholder and unreasonable lease extension premiums.
A specialist leasehold solicitor will look into all potential issues with the lease and report back to you.
Read more:
What you need to know about buying a leasehold property
Selling property in North Shields
The sale of a North Shields house or flat will require your lawyer to first arrange all the necessary documentation, including the sale contract and ID forms.
They will sort out potential snags, handle questions from the buyer's side and handle the mortgage redemption.The solicitor will liaise with key parties, including agents, lenders and landlords, to confirm that the home move is completed successfully.
I am selling a leasehold property in North Shields - what do I need to know?
The legal work for a leasehold property is significantly more involved in comparison with a freehold house.
The complex nature of leasehold property means that conveyancing solicitors in North Shields will usually undertake additional tasks. This can involve collating all relevant freeholder information, through to details of planned major works.
So as to resolve any leasehold-related problems sooner, It is highly recommended that you instruct a solicitor as soon as an estate agent is chosen.
Conveyancing for selling a property
Remortgage in North Shields
The official base rate is 5.25% (13 September, 2024)
You should verify the remortgage solicitor you have chosen is on your mortgage lender's legal panel before you instruct your solicitor.
Our remortgage panel solicitors are on the panels of almost all lenders, so whether you are switching to a 25-year mortgage from TSB or moving to a 3-year tracker rate with Buckinghamshire Building Society, we can help your remortgage complete quickly.
Read more:
Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity in North Shields
Whether you are estate planning, purchasing another owner's stake or gifting a share of a property, you will need a transfer of equity solicitor or licensed conveyancer.
Your solicitor will complete all the necessary paperwork 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 North Shields?
Conveyancing quotes often include costs that might be new to many:
Conveyancing solicitors fees
These fees are what your conveyancing solicitor charges you for the work they carry out on your behalf. The quote will set out the legal fees (inc. VAT) that you pay when the property transaction is complete.
Disbursements (third party costs)
A disbursement is an expense your conveyancing solicitor will pay on your behalf which will be added to your bill when you complete. Examples of disbursements include Stamp Duty Land Tax (SDLT), HM Land Registry fees and property searches.
Check the terms and conditions
Some firms include additional fees in their terms and conditions, leading to a higher final bill. Make sure you question any charges not set out in your initial quote, if you are comparing quotes.