Conveyancing in Penrith
Conveyancing is the legal process used for transferring ownership of a property from one party to another, or the work involved in a remortgage or transfer of equity. If you need a solicitor for conveyancing in Penrith, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped clients in Penrith and throughout Eden 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: Carlisle, Cockermouth, Kendal and Whitehaven
Buying property in Penrith
A market town in Cumbria, Penrith is surrounded by picturesque scenery, boasting a wealth of historic buildings and a convenient location near the Lake District National Park. The town has a population of around 16,000.
Council Tax in Penrith (2023/24)
Penrith is in Eden District Council.
What will my Penrith solicitor do?
Your solicitor will handle the legal aspects of a home purchase. Your lawyer will perform due diligence on the property, including raising questions for the seller's solicitor, applying for searches from local authorities (e.g. Eden Council) and registering the change of ownership.
Penrith conveyancing solicitors may carry out flood risk assessments, especially for properties around the Lake District.
Buying a property with a mortgage?
When you purchase a property, your solicitor must also handle some legal work for the lender. Your transaction could take weeks longer to complete if your property lawyer is not on your mortgage provider's panel.
Over 100 mortgage lenders have approved our chosen panel solicitors, so we can help you complete your Penrith transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can also assist Penrith home buyers with conveyancing for:
When you buy a home in a Penrith conservation area, your property lawyer will need to check for restrictions on how you can use the home, including access rights or area consents. Conservation areas in Penrith and across the Eden local authority include:Buying in a conservation area
Leasehold property
can be very involved. The many potential complications lying in wait for the unsuspecting buyer can include legally technical issues like unpaid service charges by the existing leaseholder and unfair clauses in the lease.
Your 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
Should I be wary of buying a leasehold house?
Should I buy a property with a short lease?
Selling a property in Penrith
At the start of the property selling process in Penrith, your solicitor will prepare vital paperwork, including title deeds and assorted property information forms, and help you complete these forms.
Their role involves resolving issues like a lack of planning permission, answering the buyer's solicitor's enquiries and handling the mortgage redemption. Your lawyer will also communicate effectively with all parties, including agents, managing agents and lenders, so the move completes quickly.Is there anything to be aware of if selling a leasehold property in Penrith?
Conveyancing for a leasehold flat is much more protracted than for a freehold property.
The complexities of leasehold mean conveyancing solicitors in Penrith will usually undertake extra work, for example requesting the latest service charge and ground rent statement, through to reserve fund details.
In order to resolve any leasehold issues faster, It is highly recommended that the vendor contact a solicitor as early as possible.
Conveyancing for selling a property
Remortgage in Penrith
The base interest rate is 4.5% (18 February, 2025)
Before you instruct a remortgage solicitor, your solicitor must be able to act for your bank or building society.
Quittance panel solicitors are on the panels of all major mortgage lenders. Whether you are switching to a 30-year mortgage from the Co-operative Bank or taking out a home reversion mortgage from Swansea Building Society, we can help your remortgage complete quickly.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Penrith Transfer of equity
If you plan to reduce or increase your ownership share of your home, whether you are adding a new partner, transferring the ownership of a property (in part or in full) to your children or estate planning, a transfer of equity is required.
Your conveyancer will deal with 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 are solicitors' conveyancing fees in Penrith?
Conveyancing legal fees
The conveyancing quote will detail the fees for the legal work, including VAT, that you pay when the property transaction is complete. These fees are what your conveyancing solicitor charges you for the legal services they provide.
Disbursements
Disbursements are third-party expenses incurred during the purchase, sale or other conveyancing transaction. Examples of disbursements include Local authority searches, Stamp Duty or a leasehold information pack.
Check the quote for hidden costs
Watch out for additional charges, when comparing quotes. Some firms list extra charges in their terms and conditions. This can lead to a higher-than-expected final bill.