Should conveyancers request money up-front for conveyancing in Newburn?

If you are buying a property in Newburn your lawyer will ask you to provide them with funds to cover the the cost of the conveyancing searches. Generally this is requested to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this should be asked for immediately in advance of exchange of contracts. The closing balance that is needed should be transferred a couple of days ahead of the day of completion.

My wife and I own a 4 bedroom Edwardian property in Newburn. Conveyancing practitioner represented me and Santander. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the matching property. Is it worth asking Santander to clarify?

You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Newburn and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing lawyer who conducted the conveyancing.

How does conveyancing in Newburn differ for new build properties?

Most buyers of new build or newly converted property in Newburn contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Newburn tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Newburn or who has acted in the same development.

I am using a search engine for the phrase conveyancing in Newburn it shows results of numerous solicitorslocally. With so much choice what is the best way to find the right solicitor for my move?

The ideal method of seeking the right conveyancer is via trusted referral, so seek the opinion of friends and family who have bought a property in Newburn or a reputable estate agent or mortgage broker. Charges for conveyancing in Newburn vary, so it's a good idea to request a minimum of three fee calculations from varying types of law firms. Make sure that you clarify what costs in the quote includes.

I note that you have a search directory identifying law firms on the bank conveyancing panel. Do Newburn conveyancing firms pay you a referral fee if I retain them for my conveyancing?

We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Newburn.