Whether you are buying or selling, awareness of local considerations will positively impact the likelihood of a successful sale or purchase. Fridaysmove's Newton Aycliffe Conveyancing team is able to employ their local knowledge to help you move home sooner.

We have assisted home movers throughout Newton Aycliffe, including Conveyancing in DL5.

What are the consequences if your solicitor is not on your lender's panel?

Panels of solicitors are maintained by mortgage lenders in order to undertake legal work on mortgaged properties. More recently, lenders have begun to remove firms which have either not completed many conveyancing transactions or have failed to meet other criteria. If a lender will not instruct a firm you have picked to perform your legal work, you have the following choices; you can either select a different lender or solicitor. It is possible to continue with your original choices, but your lender will expect you to pay for the legal costs relating to the mortgage. Bear in mind that it is usually more efficient and less expensive for the same firm act for you and your lender. Be aware of the following, if you choose to remain with your first choice of law firm:

• You must now pay the lender's costs in addition to your own
• You will not get any priority from the lender's solicitors, as they will have many other cases underway, and you are unable contact these solicitors directly

Looking for a mortgage lender with a branch in Newton Aycliffe, Darlington, try:

• Santander, 24, Beveridge Way, Newton Aycliffe Shopping Centre, DL5 4DP - Tel: 0845 7654321
• NatWest Bank plc, 11, Beveridge Way, DL5 4PT - Tel: 0845 6002803
• Lloyds TSB Bank plc, Unit B3, Greenwell Rd, DL5 4DH - Tel: 0845 3000000
• Barclays Bank plc, 45-49, Beveridge Way, DL5 4DT - Tel: 0845 7555555
• Halifax, 58, Beveridge Way, DL5 4DS - Tel: 01325 550002

Newton Aycliffe Stamp Duty Relief

Disadvantaged Areas Relief may be available in nearly 2,000 areas throughout the UK. Local government wards or electoral divisions are used to define the boundaries of these. No stamp duty is due for houses bought in a Newton Aycliffe disadvantaged area under the £150k threshold. Above £150k, no stamp duty relief may be available. For a purchase below the threshold, it is worth making a simple postcode search to find out if a property is in a disadvantaged area. Note that homes built very recently may also fail to show up on a search, even if they are technically eligible.

Searches

When buying a home in Newton Aycliffe a Solicitor is required by your lender to carry out Official Local Authority Searches. The Local Authority for Newton Aycliffe is Durham County Council, County Hall, Durham, 0, DH1 5UL. Tel: 0300 123 7070