I have just started taking steps with the aim of transferring my domestic home loan to a Buy to Let Nationwide Building Society mortgage. The bank has said that I must appoint a conveyancer as part of the process. I spoke to my past East Boldon conveyancing solicitor who acted on my behalf when I originally purchased the premises. The quote issued of £550 is surprising as its a remortgage than a sale or purchase.

The costs illustration is slightly on the steep side. Where you are happy to spend time comparing charges you could get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, assuming were content with the service the firm gave you mightlive to regret opting for an an untested solicitor. If is important to enquire that the firm can act for Nationwide Building Society. You can use our search tool to find a East Boldon conveyancing firm on the Nationwide Building Society conveyancing panel, which can often include conveyancing solicitors in East Boldon.

The vendors of the home we are looking to purchase have instructed a conveyancing firm in East Boldon who has recommended a exclusivity agreement with a non-refundable deposit 6,000. Are such arrangements appropriate for East Boldon conveyancing transactions?

Exclusivity contracts are agreements between a home vendor and purchaser granting the buyer exclusive rights to the sale of the property within an agreed time frame. For all intents and purposes, a lock out agreement is a contract specifying that you should receive a contract at a later date being the main conveyancing contract. It is generally used for buyer confidence though in many situations, the vendor may enjoy an upside from such agreements as well. There are various positives and negatives to using an agreement but you need to check with your solicitor but beware that it may result in incurring more in conveyancing charges. For these reasons these contracts are not popular in relation to conveyancing in East Boldon.

Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in East Boldon. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 20/7/2025, the requirements read as follows :

I am buying a new build flat in East Boldon. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in East Boldon

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared.

I've found a house that appears to meet my requirements, at a reasonable price which is making it all the more appealing. I have since been informed that it's a leasehold rather than freehold. I am assuming that there are issues purchasing a house with a leasehold title in East Boldon. Conveyancing advisers have are soon to be instructed. Will they explain the issues?

The majority of houses in East Boldon are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in East Boldon so you should seriously consider shopping around for a East Boldon conveyancing practitioner and be sure that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the communal areas where the house is located on an estate. Your solicitor will report to you on the legal implications.

East Boldon Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing

Is the freehold owned jointly by the leaseholders? Does the lease include onerous restrictions?