What are the conveyancing costs in Gateshead?
The conveyancing costs are broken into two sections: the fixed fee you pay your solicitor, and the conveyancing disbursements (known as third-party costs). Here is a transparent breakdown of both costs for property transactions in your area.
1. Solicitor Legal Fees
At SAM Conveyancing, our fixed legal fees remain consistent nationwide, regardless of your property's location. We provide a guaranteed fixed fee for standard residential conveyancing based on your property's purchase price, its tenure (freehold or leasehold), and whether your transaction involves a mortgage or utilises affordable housing schemes such as shared ownership. Below are the current fixed conveyancing fees for a standard freehold valued at £250,000.
- Sale or Purchase: £748 INC VAT INC VAT (plus an additional £60 INC VAT if purchasing with a mortgage).
- Transfer of Equity: £399 INC VAT INC VAT
- Help to Buy Loan Repayment: £333 INC VAT INC VAT
- Shared Ownership Staircasing: £748 INC VAT INC VAT
- Remortgage: £399 INC VAT INC VAT
- Lease Extension: £720 INC VAT INC VAT
2. Conveyancing Disbursements (Third-Party Costs)
Disbursements are fixed third-party fees paid to external bodies (like local councils and HM Land Registry) to complete your legal paperwork. These costs shouldn't vary too much from solicitor to solicitor.
- Property Purchase Tax (SDLT / LTT): Calculated dynamically based on your purchase price, your buyer status (such as a first-time buyer), and whether the property is located in England or Wales.
- HM Land Registry Fee: Ranges from £20.00 to £1,105.00, scale-calculated dynamically based on your property’s purchase price and whether it is an existing registered property or a new build.
- Conveyancing Search Bundle: £325 INC VAT (Includes Local Authority, Water & Drainage & Environmental)
- Online ID Fee: Ranges from £15 to £48 and avoids having to send personal documents in the post or visit our office in order to prove your ID.
- Mortgage Portal Fee: The cost to download your mortgage offer and communicate with your lender. It is £12 if your mortgage lender uses the Lender Exchange portal, or £45 INC VAT if they use the LMS Portal.
Conveyancing search costs and turnaround for Gateshead
Search Provider | Cost | Turnaround Time |
|---|---|---|
Search Provider Metropolitan Borough of Gateshead This is the local authority search, which is mandatory if you are obtaining a mortgage. | Cost £122.76 INC any VAT | Turnaround Time 2 to 3 Working Days |
Search Provider Northumbrian Water This is the Water & Drainage Search, which is mandatory if you are obtaining a mortgage. | Cost £78.00 INC VAT | Turnaround Time 1 to 3 working days |
Gateshead Specific Searches |
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Why choose SAM Conveyancing Solicitors in Gateshead?
We are a hand-selected panel of SRA-regulated solicitors who deliver to you the high standards we expect, and you'll have a member of the SAM team to guide you through the process from start to finish. Just 1 person you know by name can email or call directly and get your question answered on the same day (normally instantly).
Doing it our way, we've helped over 56,000 clients and gained all the experience from the different transactions. From pressurising agents to complex legal enquiries, and even overcoming issues with your mortgage lender. Our strap line is Property Challenges Solved because that is simply what we do, day in, day out.
Get in contact today and see from the very first call why we are the best conveyancing solicitors for a property transaction in Gateshead.
Expert Tip: Check your local authority search
Due to the industrial heritage of the Metropolitan Borough of Gateshead area, Gateshead properties often sit above historic coal seams. An official Coal Authority Search is critical here to ensure there are no mine entries within 20 metres of the boundary, which could severely impact your mortgage lending.
You can find this information in your local authority search purchased during the conveyancing process.
Partner & Conveyancing Solicitor
We're first-time-buyer friendly
86% of our purchase clients are First-Time Buyers, so we are hyper-attuned to what you need when buying your first home.
- We take the time to explain the process
- We offer tips on timescales
- We keep it real, never overpromising
Our Conveyancing Services
We can help with all of your conveyancing needs; simple to complex, and always affordable.
- Purchase
- Sale
- Transfer
- Remortgage
- Help to Buy Repayment
- Help to Buy Sale or Transfer
- Auction Sale or Purchase
- Shared Ownership Sale & Purchase
- Shared Ownership Staircasing
- Lease Extension
- Purchase of Freehold
- New Builds & Off-plan Purchases
- First Time Buyers
- Second Homes
- Buy to Let landlords
Fixed quote for our legal costs plus a budget-friendly breakdown of third-party disbursements.
Your sale or purchase is protected by our no sale, no fee guarantee.
Our panel solicitors are pre-approved to work with 99% of mortgage lenders in England & Wales.
Panel solicitors accredited by the Conveyancing Quality Scheme; regulated by the SRA.
Residential Conveyancing Solicitors in and around Gateshead
Our Gateshead conveyancing solicitors can help you with your conveyance locally or in any of the surrounding areas, including Newcastle upon Tyne, Sunderland, Consett, Durham, Bishop Auckland, Hartlepool and Bellingham.
We have many offices throughout England and Wales, so you can find a solicitor near you.
- Midlothian Court, Worsdell Drive, Tyne & Wear, Gateshead, NE8 2FA
- Sunderland Road, Tyne & Wear, Gateshead, NE8 3ED
- Stonecrop, Tyne & Wear, Gateshead, NE9 6SB
- Norwood Gardens, Tyne & Wear, Gateshead, NE9 5EA
- Whyndyke, Tyne & Wear, Gateshead, NE10 8NP
- St James Court – Sanderson Villas, Gateshead.
Developed by Persimmon Homes.
Gateshead Property Prices
Average property price in Gateshead Source: lasted updated on | £154,213 |
What is the population of Gateshead: Source: Office for National Statistics lasted updated in the 2021 Cencus | 122,088 |
Thinking of moving to Gateshead?
Gateshead is a riverside town in North East England, along the southern part of River Tyne. The Gateshead International Stadium is a prominent facility, regularly hosting football and rugby games. Another well-known sports entertainment venue is the Gateshead Leisure Centre, where basketball games are held. Cycling is a popular hobby of residents and there are various cycling routes laid out in the town, including Keelmans Way, which provides a beautiful view of the River Tyne.
Queen Elizabeth Hospital Gateshead, Queen Elizabeth Ave, Gateshead NE9 6SX
Bensham Hospital, Fontwell Dr, Gateshead NE8 4YL
Royal Victoria Infirmary, Queen Victoria Rd, Newcastle upon Tyne NE1 4LP,
The primary road networks in Gateshead are A184, which links it to Sunderland and the A1, which connects London to Edinburgh. Metro stations in town are able to provide transport to Newcastle Airport, Tynemouth, and Sunderland.
Distance to Airports from Gateshead
| Airport | miles by car |
| Newcastle International Airport | 8.7 miles |
| Leeds Bradford Airport | 89.5 miles |
| Edinburgh Airport | 131.4 miles |
Emmanuel College, Consett Road Lobley Hill Gateshead NE11 0AN
Cardinal Hume Catholic School, Old Durham Road Beacon Lough Gateshead NE9 6RZ
Grace College, Saltwell Road South Gateshead NE9 6LE
Local conveyancing solicitor
Should I use a Licensed Conveyancer or Conveyancing Solicitor near me?
Solicitors are usually more expensive than a conveyancer, which is fine as long as they specialise in property transactions. It can be beneficial to choose a property lawyer in case of any specialist legal complications with your property transaction.
The best-of-both approach is to instruct a licensed conveyancing solicitor who employs some other conveyancing professionals to complete the simpler parts of the work under their supervision, at a lower rate.
This is how your work will be allocated at SAM, and part of how we keep your fee low.
Affordable Housing Schemes
Several affordable housing schemes in Gateshead help make buying a property more achievable. The work is more complex, and we have specialist conveyancing solicitors to handle the following:
- Shared Ownership Solicitors
- Right to Buy Solicitors - speak to Metropolitan Borough of Gateshead to find out if you are eligible
- Discount Market Sale - check with Metropolitan Borough of Gateshead if they are running a DMS scheme
Gateshead conveyancing solicitors
You can rest assured that you're in good hands with us. We hand select our panel for skill and experience, from a simple purchase to complex transactions with specialist ownership structures and deeds of trust.
Are you buying or selling a short lease in Gateshead?
We have specialist leasehold conveyancing solicitors in to handle your sale & purchase of a leasehold property, as well as lease extensions and creation, sale, or purchase of a share-of-freehold property.
Due to the additional legal work surrounding the lease and terms, your quote will be calculated based on the tenure, so as long as you give us the correct details using the simple form above, this will be included in your fixed-fee leasehold conveyancing quote, not a surprise addition later on.
Look no further for your residential conveyancing solicitor in Gateshead
Whatever your property challenge, we can solve it.
Selling a property
Your expert conveyancing solicitor's role when selling a property will include:
- Draft contracts – Your conveyancing solicitor drafts the initial legal contract to be sent to the buyer's solicitor.
- Responding to enquiries – your solicitor responds to any questions the buyer's solicitor may have (this is where you'll find out if you are missing documents, which can cause delays to your sale).
- Investigating issues – your solicitor may need to complete further investigation to try and satisfy them.
- Exchange contracts – once the buyer's solicitor has satisfied their enquiries, contracts are finalised and exchanged.
- On the day of completion – your solicitor receives the money for the sale, discharges the mortgage (if required), pays the estate agent, deducts their fee and then sends the net sale proceeds to you.
- Post completion – your solicitor receives the DS1 discharge documents and, when leasehold, settles your liabilities for ground rent and service charges.
Our conveyancing solicitors' cost for selling a property starts from £748 INC VAT.
Buying a home
- Draft contracts – Your solicitor reviews the draft contract sent by the seller's solicitor.
- Raising enquiries – your solicitor will ask the seller's solicitor questions based on the contract, title, and property documents to protect you from any nasty surprises.
- Exchange contracts – once your solicitor is satisfied with their enquiries, they agree with the seller to finalise and exchange contracts
- Day of completion – on the day of completion, your solicitor transfers the money for the sale.
- Post completion – following completion, your solicitor makes an application to HM Land Registry to register you as the new owner.
Our Gateshead conveyancing solicitors' cost for buying a property starts from £748 INC VAT.
Add or remove someone from a property title
With a Transfer of Equity, you can buy someone out of a shared property and remove them from the title, or add someone to the title to transfer ownership of a share of the property, making them a joint owner. This service includes:
- Property solicitors' fees, including ID checks, office copies
- HM Land Registration fees
- (if party being removed) ID1 Form verification fee
- (if mortgage) Change of mortgage fee
- (if leasehold) Notice fee to freeholder
Our Gateshead conveyancing solicitors' cost for a Transfer of Equity starts at £399 INC VAT.
If someone is giving up their share of the property for less than market value, they may be required to get independent legal advice, which will be an additional expense.
Switch your mortgage deal in Gateshead
Your remortgage solicitor will perform all the necessary checks, review your new mortgage offer, and update HM Land Registry post-completion. The process is similar to when you purchase but should take less time, as the solicitor doesn't need to raise any legal enquiries.
If you own a leasehold property, your solicitor must carry out extra work to investigate the lease terms. Our conveyancing solicitors' cost for a remortgage in Gateshead starts at £399 INC VAT.
Purchase the next chunk of your equity
When you're ready to buy the next chunk of the equity in your shared ownership property, a conveyancer will be required to handle:
- The bank transfer;
- obtaining a mortgage redemption statement from your existing lender;
- receiving your new mortgage offer and confirming the lender terms;
- receiving the memorandum of staircasing;
- handling completion;
- filing SDLT form (if required); and
- registration at the Land Registry.
Our conveyancing solicitors' cost for shared ownership staircasing in Gateshead starts at £823 INC VAT.
If you need to add someone to the legal title, you will need to pay an additional fee for a transfer of equity.
Paying off your Help to Buy equity loan
You'll need a solicitor to:
- Receive redemption letter;
- review title for ownership and restrictions;
- obtain Authority to Complete;
- draft a deed of postponement for your current lender;
- handling completion;
- bank transfer; and
- if repaid in full, removal of the loan restriction at the Land Registry.
Our conveyancing solicitors' cost for Help to Buy loan redemption in Gateshead starts at £333 INC VAT.
Price based on a freehold with the loan being repaid in full using savings.
Islamic finance solicitors
Specialists in Sharia-compliant conveyancing for Islamic mortgages.
- Can review, advise and negotiate with all Sharia Mortgage Lenders.
- Terms of the contract fully explained with confirmation of Sharia compliance and UK legal compliance.
- We can help with Ijara (Lease), Diminishing Musharaka (Reducing Partnership), and Murabaha (Cost-Plus Financing).
Conveyancing FAQs
What are the conveyancing costs?
Fees vary between online conveyancing solicitors, high street conveyancers or housing solicitors introduced by your estate agent.
The actual conveyancing costs, outside of the legal work, should be fixed, including:
For buyers: stamp duty, land registration, property searches, ID searches and leasehold charges (if buying a leasehold property).
For sellers: office copies, title plan and management information (if selling a leasehold property).
Make sure to budget for all of the above conveyancing costs and to get a fixed fee conveyancing quote from several firms, to compare value.
Making the right choice of solicitor is key to the whole process:
- Cheap Conveyancing
- Fast Conveyancing
- Best Conveyancing Service
Do you need to have a survey?
When you buy a property with a mortgage, you have to book and pay for your lender's mortgage valuation. This is:
- Not the same as a RICS Home Buyers Survey
- Done on behalf of the lender, not you, and is about ensuring the property value is in keeping with your proposed mortgage sum
- Only cursory about checking for defects.
We advise every home buyer to get a RICS home buyers survey when they're looking to buy a property. When you're thinking of committing to spending what is normally at least hundreds of £1,000s on a property, it surely makes sense to have it checked for potential defects by an expert who is purely working for your best interests.
If your surveyor has suspicions of defects such as subsidence, they note them in a report and this can be used to bargain with the vendor for contributions towards remedy which may mean a lower selling price or you may even decide to pull out entirely.
Additionally, if your surveyor fails to spot a defect which subsequently becomes apparent and costly to remedy, they are answerable to claims and all carry indemnity insurance covering the full value of the property in question.
