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Transfer of Equity in Caddington

A transfer of equity occurs when a property owner wishes to change the legal ownership of the property. Reasons include marriage, divorce and tax planning.

Homeward Legal's solicitors offer expert legal assistance with your transfer of equity.

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Remortgage Solicitors Caddington

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Caddington clients every week.

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The Conveyancing
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Conveyancing in Caddington Q & A's

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Updated: 21/10/16

Relevant Caddington transport and public service details:

Caddington's closest station is Luton. Caddington's closest airport is Luton Airport (4 miles). Northolt Jet Centre Airport is 22 miles, Elstree Airport is 16 miles and Booker Airport is 24 miles away.

Caddington is of the M1 junction entry 10 Northbound.

Luton & Dunstable is a nearby hospital for Caddington.


We need a cheap solicitor to own a leasehold house. What should be watch out for?


This topic catches out many buyers, and can leave them paying far more in fees than they budgeted, and many law firms claim to offer cheap conveyancing, but additional charges are frequently hidden in the solicitor's terms of engagement. These terms are often ignored by excited buyers, eager to get underway. Any additional costs should be fair and clearly defined. Get a quote using the Homeward Legal quote calculator for the property you are buying.


Does the report on the property's title compiled by the conveyancing solicitor in Caddington advise on the amount of the council tax for a property prior to exchange of contracts?


A property solicitor will write to the council to enquire about the latest council tax rates, which should then be included in the title report. Up-to-date rates for residents of Caddington are detailed online at the Central Bedfordshire council site. Currently on 14 August 2012 the rates are:

  • Band A - £1,098.00
  • Band B - £1,281.00
  • Band C - £1,464.00
  • Band D - £1,647.00
  • Band E - £2,012.00
  • Band F - £2,378.00
  • Band G - £2,744.00
  • Band H - £3,293.00


How long should I expect it to take our assigned conveyancing solicitor to exchange all of the legal formalities on the lower floor of house we want to buy?


Getting contracts exchanged can take anywhere between 3 weeks and 3 months, contingent on a number of things for example the efficiency of the seller's conveyancing solicitor, or the speed of the lender.

Homeward Legal's conveyancers are very focused on communication, with the aim of you moving home in as short a time as we possibly can.


Is a house survey necessary when buying any property?


Homeward Legal firmly recommend that all buyers in Caddington arrange a RICS surveyor to carry out a survey. A wide range of defects can affect a property, for example rotten roof timbers. Such issues will not be considered during the conveyancing work itself.


Would it be a good idea to take care of the conveyancing on a DIY basis on my own.


There are no arguments at all why a home mover cant take care of he conveyancing on your own.

That said, a property lawyer in Caddington is in charge of a huge number of exercises ranging from chasing outstanding papers or communicating with managing agents some of which require a skilled professional. In any event however, firms and their solicitors need to pay for the correct insurance cover that protects you from any professional failures.


What is the authority that is obliged for logging the standard of neglect the conservation areas in Caddington?


English Heritage administer records of the state of repair of conservation areas. Local conservation areas are nominated by Central Bedfordshire who preside over the state of the area including things like ugly highway signs, removal of chimney stacks and what can be demolished.


The property seller has unfortunately installed windows to the maisonette which we think might possibly breach Kirk Merrington conservation area criteria.


Central Bedfordshire council Requisition for search and Official Certificate of Search carried out by your Caddington conveyancing solicitor as part of the conveyancing will check if the property is within a designated conservation area and evidence of local authority approval for additions to the property will be required. In the event that no local authority consents be available your conveyancing solicitor will inform you of all options like buying an indemnity insurance policy or getting retrospective approval from the appropriate local authority.


With a £352k property ready to buy, and no chain, how do we arrange a fast conveyancing transaction in Caddington?


Many buyers will, correctly, argue that instructing a communicative conveyancer is essential to a fast transaction. That said, there are numerous tasks you as the buyer could do to accelerate your conveyancing. These include:

  • encouraging your conveyancer to carry out searches promptly
  • promptly answering your conveyancer's questions
  • arranging your mortgage offer