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Conveyancing in Newton Aycliffe Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/07/17

Local area travel and health information and addresses ;

Newton Aycliffe train station is about 1 mile from Newton Aycliffe. The nearest airport to Newton Aycliffe is Darlington, Durham Tees Valley Airport (9 miles).

Motorists are well catered for with Newton Aycliffe situated with very good road access around 2m of Junction 59 Northbound of the A1M.

Lady Eden Bishop Auckland is a relatively close hospital to Newton Aycliffe.

Q.

How do we find low cost conveyancing?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many law firms promote theoretically 'the cheapest conveyancing quotes'. Unfortunately additional costs are often hiding in the small print that buyers often do not check. Costs found in the terms should be reasonable. A quote should also clearly state third party costs, termed disbursements, to be paid.

Q.

The estate agent we are using in Wandsworth has suggested the property solicitor. Is it a good idea to instruct this solicitor?

A.

Both agents and mortgage brokers may refer a solicitor. Such referrals need to be weighed up against alternatives, including online or local firms, as some agents choose the solicitor willing to pay the highest referral fee, not the best solicitor for your needs.

Q.

Bank of Scotland is our mortgage lender, is there anything I need to consider?

A.

When buying with a mortgage, your lender will require legal work to be carried out on their behalf. Buyers in Newton Aycliffe need to be aware that a small number of lenders have reduced the number of firms on their approved panel, potentially creating increased legal costs for buyers. Homeward Legal will act for the vast majority of lenders in the UK so that the buyer will not have to pay an additional fee for your lender's solicitor.

Q.

I must to complete on the selling of my flat inside 2 months, are you fast Newton Aycliffe property lawyers ?

A.

Yes, We believe that our solicitors , by default, adopt a proactive plan of attack when conducting the conveyancing We only work with conveyancing lawyers which try to communicate by phone and email from the start to the end of the buyer and seller chain .

Additionally , Homeward Legals conveyancing lawyers are specifically chosen as they use speed focused conveyancing management and IT systems to exchange on the legal work swiftly.

Q.

Is contaminated land in Newton Aycliffe an issue for any homes?

A.

A range of contaminants caused by natural causes and human activities may impair residential property in Newton Aycliffe . Contaminants such as nearby electrical substations and nearby waste management facilities will be detailed in an appropriate search. Aycliffe Quarry, DL5 6NB is a source of potential contamination in Newton Aycliffe.

Q.

What do we need to calculate SDLT and what should it be on a £1.024mil Newton Aycliffe house?

A.

The SDLT that will be due will depend on the valuation. Stamp duty will be £51200 on a £1.024mil residential property in Newton Aycliffe (information accurate November 2012).

Q.

Which local authority looks after Newton Aycliffe?

A.

Newton Aycliffe is located in Durham County Council, County Hall, Durham, DH1 5UL, phone: 0300 123 7070

Q.

When in the conveyancing process should you speak to a solicitor to handle our sale?

A.

In the vast majority of cases, the earlier, the better. The legal work can then start immediately. Promptly instructing a conveyancing firm for a purchase means that you can shave days off the process by having the details of your instructed solicitor ready when you make an offer, or, if you are selling a property, prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers.

 
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