I am in the throes of switching my existing standard loan to a BTL National Westminster Bank mortgage. I was told by my mortgage that I must appoint a solicitor as part of the process. I had a chat my past Newton Aycliffe conveyancing practitioner who who conducted the conveyancing when I originally acquired the property. The fee calculation sent of £500 has surprised me as I am not require purchase conveyancing - it’s just a bog-standard refinance.
The estimate does seem a tad steep. If you are content to invest time scrutinising quotes you may be able to trim some of the expense by say a hundred pounds. On the other hand, if you were content with the assistance the firm offered you couldcome to rue choosing an an untested solicitor. Don't forget to be sure the firm can also act for National Westminster Bank. You can use our search tool to choose a Newton Aycliffe conveyancing firm on the National Westminster Bank conveyancing panel, which can often include conveyancing solicitors in Newton Aycliffe.
Can I use your services to find a Conveyancing solicitor in Newton Aycliffe even if I’m not purchasing or disposing of a house, for example if I wish to acquire a shop in Newton Aycliffe with a mortgage from Barclays Direct?
Our comparison service is primarily there to find residential conveyancing solicitors in Newton Aycliffe but we have set out at the bottom of this page a few Newton Aycliffe commercial conveyancing firms. You will need to enquire with the firm directly to establish if they are also authorised to represent Barclays Direct
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Newton Aycliffe. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 2/11/2025, the requirements read as follows :
I am buying my first flat in Newton Aycliffe benefiting from help to buy. The sellers would not move on the price so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not disclose to my conveyancer about this side-deal as it may adversely affect my mortgage with Barnsley Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What tools are available to identify a Newton Aycliffe law firm on the Leeds Building Society conveyancing panel? I drive a motor bike and am prepared to travel upto 20kilometers to meet the conveyancer.
You can use the search on this page. Please pick a bank and your location and you will see a number of Newton Aycliffe conveyancing lawyers located nearest you. We have detailed some Newton Aycliffe conveyancing firms at the bottom of this page and you can ring them to see whether they are on the Leeds Building Society panel
Last July I purchased a leasehold house in Newton Aycliffe. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a 1st floor flat in Newton Aycliffe, conveyancing having been completed in 1998. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Newton Aycliffe with a long lease are worth £255,000. The average or mid-range amount of ground rent is £45 yearly. The lease comes to an end on 21st October 2098
With 73 years remaining on your lease we estimate the premium for your lease extension to be between £8,600 and £9,800 plus costs.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.