Find a Lender-Approved Local Conveyancer in Newbiggin By The Sea

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Reasons to use our Newbiggin By The Sea conveyancing solicitors

  • 1 Over the years Newbiggin By The Sea conveyancer have established very good links with Newbiggin By The Sea local estate agents, banks, building societies, landlords and house builders enabling them to liaise at speed with all concerned in the process of undertaking your conveyancing in Newbiggin By The Sea.
  • 2 Our site is the only site that enables you the ability to ensure that your property ownership legalities in Newbiggin By The Sea will be carried out by a solicitor on your lender’s conveyancing panel.
  • 3 Newbiggin By The Sea conveyancer are the key to a successful Newbiggin By The Sea home move, keeping the process under control. They are on your side throughout, offering dedicated advice for the duration of your move
  • 4 The Newbiggin By The Sea conveyancing practitioners that we work with are committed to providing value for money, efficient and accessible conveyancing service to home buyers, sellers and investors in Newbiggin By The Sea
  • 5 Newbiggin By The Sea lawyers work in conjunction with Newbiggin By The Sea estate agents, house builders, surveyors, mortgage companies and other professionals to make sure that a quality service is offered to home movers every step of the way, helping make the process as straightforward as possible

Examples of recent conveyancing in Newbiggin By The Sea since January 2025*

Recently asked questions about conveyancing in Newbiggin By The Sea

My partner and I are hoping to purchase a house in Newbiggin By The Sea and are in fact using a Newbiggin By The Sea conveyancing practice. Within the last couple of days our lawyer has sent a preliminary report and documents to look through with a view to exchanging next week. TSB have this evening contacted us to advise us that there is now an issue as our Newbiggin By The Sea solicitor is not on their conveyancing panel. Is this a problem?

Where you are buying a property with the assistance of a mortgage it is conventional for the purchasers' lawyers to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Newbiggin By The Sea lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.

I am the registered owner of a freehold premises in Newbiggin By The Sea but nevertheless charged rent, why is this and what is this?

It’s unusual for properties in Newbiggin By The Sea and has limited impact for conveyancing in Newbiggin By The Sea but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

I am in the process of remortgaging my flat in Newbiggin By The Sea, does my lawyer have to be on the Virgin Money Solicitor panel?

In theory, you could use a solicitor that is not on the Virgin Money conveyancing panel, but Virgin Money would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.

I'm purchasing a new build house in Newbiggin By The Sea with a mortgage from Barnsley Building Society. The sellers refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not inform my solicitor about the side-deal as it could put at risk my loan with the bank. 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.

Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Newbiggin By The Sea I like with amenity areas and transport links in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Newbiggin By The Sea for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a home loan the shortness of the lease will likely be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.

I own a leasehold flat in Newbiggin By The Sea. Conveyancing was completed in 21012. I have been told that I mustn’t allow the lease length fall too low. What is the reasoning?

Newbiggin By The Sea residential long term leases are for a set period - normally 99 years when they commenced. However a significant flats in Newbiggin By The Sea were built or converted in the 60’s and so these leases now have less than eighty years left to run. That may seem like plenty of time but Banks, Building Societies and other mortgage institutions generally require leases to have a minimum of 75 years remaining to be mortgageable. This means that when you come to sell the property you will need to extend the term of your lease if you are getting close to eighty years. To increase the saleability of your property you should be thinking about whether or not to extend your lease long before you come to sell it. Furthermore significant benefits to taking action before the lease reaches even 80 years as when the lease is less than eighty years the premium you have to pay to extend starts to get a lot more expensive.

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Sample of conveyancing solicitors in Newbiggin By The Sea regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Newbiggin By The Sea but also conveyancing throughout England and Wales.

  • Hellawell & Co, 32 Front Street, Newbiggin-by-the-Sea, Northumberland, NE64 6PT
  • Adams Hetherington, 15 Laburnum Terrace, Ashington, Northumberland, NE63 0XX
  • Lawson & Thompson Solicitors Llp, 3 Regent Street, Blyth, Northumberland, NE24 1LQ
  • Hedley Solicitors, 11a Regent Street, Blyth, Northumberland, NE24 1LQ
  • Cuthbertsons, 3 Stanley Street, Blyth, Northumberland, NE24 2BS

Commercial Conveyancing solicitors in Newbiggin By The Sea regulated by the SRA

The list below is a non-comprehensive list of solicitors in Newbiggin By The Sea practicing in commercial conveyancing in Newbiggin By The Sea. This may include advice on buying or selling a shop, pub, restaurant, office, retail unit
  • Hellawell & Co, 32 Front Street, Newbiggin-by-the-Sea, Northumberland, NE64 6PT
  • Yarwood & Stubley, 15 Stanley Street, Blyth, Northumberland, NE24 2BT
  • Carr & Co Solicitors (n.e.) Limited, 22-24 Stanley Street, Blyth, Blyth, Northumberland, NE24 2BZ
  • Whitehead & Low Solicitors Llp, 3 Market Place, Bedlington, Northumberland, NE22 5TN

Newbiggin By The Sea commercial property solicitors draw on a wide range of commercial expertise offering advice on numerous aspects of commercial property law

    Property realisations and advice for insolvency practitioners Property finance transactions, including disposal and leaseback Property finance for investment and development loans for banks and borrowers General advice on title or other property issues Telecommunications and broadcast mast sites Buying, selling and leasing land for registered charities

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.