Conveyancing In Whickham Q & A's
The agent has offered a property solicitor. Should I instruct this solicitor?
Agent recommendations are a common practice route for buyers to find a solicitor, however, these referrals must be carefully considered, as the agent may recommend the solicitor willing to pay the highest referral fee, not the law firm with the best reputation.
Is it hard to sell a property located in a conservation area?
A conservation area is designated and managed by the local authority to ensure the unique nature of the location is maintained by placing restrictions on changes to the buildings, street furniture and green spaces to protect the architectural or historical interest of everything within the conservation area boundary.
Because of this resistance to change, this usually means homes in conservation areas are more attractive to buyers, and, as such, there may be a premium to pay over properties outside such areas. Because of the attraction of such property, they will usually sell well and quickly. However, there will need to be greater checks by the buyer’s solicitor to verify that your property conforms to the conservation area restrictions, which may add extra time to the duration of the conveyancing.
Homeward Legal's solicitors have a great deal of experience working with sales and purchases in conservation areas, so why not give our team a quick call on 0800 038 6699 right now to find out what we can do to help your plans?
Halifax is our mortgage lender, what do I need to consider?
Traditionally, most solicitors could act for the majority lenders. Over the last two years, some lenders have reduced the number of firms able to act for them. Homeward Legal, however, are able to act for the majority of mortgage lenders.
The home I’m buying has been empty for two years; what questions should I be asking the solicitor, the estate agent, and the surveyor?
If a home has been empty for a considerable period (such as the two years mentioned here), there’s usually a reason for it. There is estimated to be around a quarter of a million properties in the country that have been empty for more than 6 months.
The primary reason is that the owner hasn’t the funds to renovate the property, or they’ve started gutting the place and run out of money to take it further, or perhaps there’s been a significant problem (e.g. fire or flood are common instances). Most likely, these properties will come up at auction.
Your estate agent will be aware of its history if the property is on their books, so you can find out a lot from them, the council will have an empty property officer, and the Land Registry will have information on the deeds. As far as the solicitor is concerned, they will establish the position on the property as part of the conveyancing, while the surveyor will have experience of checking out such properties, with the advice that you order a Building Survey (the most detailed of the options) to check out its structural integrity. Note that mortgage lenders will be more reluctant to offer a loan on such homes.
Ultimately, the ball is in your court and, if you want to pursue buying such a property, you need to be prepared to do the research, which can take up a lot of time.
The moving process can be bewildering and stressful. Let Homeward Legal look after the legal side of things for you and we'll guide you through the process from start to end. Call 0800 038 6699 to find out more.
May our property legal fees include any additional costs?
No. Homeward Legal's solicitors never hide any hidden fees to buy or sell a home. Be aware that some websites offer unrealistically low 'quotes' which are in fact estimates. You may face a much greater total fee when you have completed.
Which local authority is responsible for Whickham?
Whickham is located in Gateshead Metropolitan Borough Council, Civic Centre, Regent Street, Gateshead, NE8 1HH, phone: 0191 433 3000
Which of the Whickham mortgage lender panels are you on?
Most lenders in Whickham are on our panels. Whickham lenders and mortgage specialists include Redwood Home Finance Ltd, Fenham Hall Studios/Fenham Hall Dr, Newcastle Upon Tyne, NE4 9YH, Mortgage Advisory Service, Ouseburn Building/Albion Row, Newcastle Upon Tyne, NE6 1LL, and Mortgage Advisory Service, Ouseburn Building/Albion Row, Newcastle Upon Tyne, NE6 1LL. Your conveyancing solicitors will be able to advise further.
How long does it take to move house?
Those new to buying property are often surprised by how long the process can take from start to finish. There are several factors that come into play when determining how long your transaction will take from having your offer accepted to moving into your new home: The number of people involved in the chain (the shorter it is, the easier to manage and therefore shorter in duration potentially), problems with one or more buyers in the chain getting a mortgage offer, communication, management and many others.
The greatest time that needs to be set aside is for the conveyancing, which is the complex legal process of transferring ownership of the property from seller to buyer, replicated along the entire chain. Typically, the conveyancing can take an average of between eight and twelve weeks to complete, so, in reality, you should be thinking in terms of months.
However, if you appoint a results-focused and proactive solicitor, who will do everything possible to reduce the length of time, including talking to everyone involved in the chain, pushing for swift return of forms and documentation, and using modern technology to drive the process forward, you will stand a better chance of the conveyancing being a lot shorter. And the earlier you appoint them, the quicker they can get started on your transaction.
Looking for great conveyancing where our solicitors work hard to deliver your completion as early as possible? Call Homeward Legal on 0800 038 6699 to find out how low our fees are.