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Transfer of Equity in Arlesey

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.

Get an instant quote for a transfer of equity in Arlesey.

Remortgage Solicitors Arlesey

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

We strive to complete your remortgage legal work quickly, so that you benefit from your new mortgage deal as soon as possible.

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Conveyancing in Arlesey Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/17

Thinking of moving to the Arlesey area? Handy nearby travel and services information -

Arlesey train station is about a mile from Arlesey. Arlesey's closest airport is Luton Airport. Cambridge City Airport is 23 miles and Stansted Airport is 24 miles away.

Arlesey is nearby at roughly three miles of junction entry 10 Northbound of the A1M.

Ernest Gardiner Day Letchworth is the neighbouring hospital for Arlesey.

Q.

Are additional fees applied? I am trying to find affordable conveyancing in Arlesey.

A.

Many firms offer so-called cheap conveyancing, but extra costs are often hiding in small print, left unregarded by busy property buyers and sellers Any disbursements should also be included on a conveyancing quote Additional costs should be fair. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

We are using a lender in Bedfordshire, and need to know which Arlesey lenders you can work with. Which panels are you on?

A.

Homeward Legal work with the majority of lenders serving Arlesey buyers. Arlesey lenders and mortgage specialists include Mortgage Quest, 2 Mallard Cl, Shefford, SG17 5YS, Independent Mortgage Advice Bureau, 36 High St, Stevenage, SG1 3EF, and Financial Freedom Ltd, Cornfields/Church La, Graveley, Hitchin, SG4 7LU. Your conveyancing solicitors can confirm additional costs or hurdles associated with your chosen lender.

Q.

What length of time should it take my conveyancer to conduct the legal work for a terraced new build home we hope to buy?

A.

It can take anywhere between around a month and twelve weeks depending on various things, such as the speed of the vendor's conveyancing solicitor, or whether the property is freehold or leasehold.

Our chosen conveyancers are extremely results-orientated, with the goal of completing the legal process in as little time as we possibly can.

Q.

How do we guard against being gazumped?

A.

This arises when a buyer's offer is accepted but then rejected by the seller, in preference to another purchaser's offer. There is almost always a danger of gazumping. Instructing your conveyancing solicitor as soon as you can is a key first step to reducing this risk.

Q.

What will the searches usually cost?

A.

Arlesey conveyancing searches ranges in cost. Searches are disbursements, and are not included in a solicitor's fees.

Q.

Do your solicitors do auction conveyancing in Arlesey?

A.

Our company is highly experienced with auction buyers and sellers. Very often unusual homes are purchased in property auctions which tend to necessitate further. We therefore suggest that purchasers appoint the lawyer prior to the actual auction to allow enough time for a thorough review. After the auction day your appointed property conveyancing lawyer is ready for finishing all of the legal work inside the limited time frame as typically required .

Q.

Do we need a chancel search if we are buying in the parish of Blunham, near Arlesey?

A.

The solicitor instructed to handle the transaction may suggest that a chancel search is taken out. In older areas of Arlesey, chancel repair may be imposed on the owners of a home where Parochial Church Councils (PCCs) may have not done so in the past, so indemnity insurance may be advisable even if liability is unlikely.

Q.

If I am buying in Arlesey next to a church built in around the 17th Century, is it recommended that we get a chancel liability search?

A.

Property owners in Arlesey may be subject to chancel repair liability. Terms used in a property's name, like 'vicarage', may indicate chancel liability. The solicitor handling your conveyancing will be able to advise as to whether a chancel search is necessary. Arlesey church properties where chancel liability may apply include St Peter.

 
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