The mortgage offer from NatWest for the refinancing of my 3 bedroom apartment is to be issued by the end of next week. Are you able to suggest a low cost conveyancing practitioner in Caddington?

You have arrived at the wrong site to search for a cheap conveyancing solicitors in Caddington. We can offer you affordable conveyancing but our intention is not to advertise as being the cheapest. Do not be swayed by companies enticing you with low cost conveyancing in Caddington. In your best case scenario, in going for low cost conveyancing, you will end up with what you pay for and at worst you will end up being stung for extras and still not get the service you were hoping for.

I am need of leasehold conveyancing for a flat in a fairly new development (seven years built) in Caddington. 95% of the flats have already been occupied. Do I need carry out the conveyancing searches for my conveyancing in Caddington?

You would be putting yourself at risk in refusing to carrying out Caddington conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that you have them. If timings and driving down costs are top of your issues you should consider with your conveyancer about the options such as lack of search insurance available to you

I moved into my house on 2 October and the transaction details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Caddington said it will be recorded in less than a month. Are properties in Caddington particularly slow to register?

There is nothing unique when it comes to conveyancing in Caddington registration formalities. Rather than based on location, timescales can differ depending on who lodges the application, whether it is in order and if the Land registry must send notices to any 3rd parties. At present roughly three quarters of submission are fully addressed within two weeks but occasionally there can be longer hold-ups. Historically registration occurs once the purchaser is living at the property thus 'speed' is not typically top priority but if it is urgent that the the registration takes place urgently then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.

I'm remortgaging my current property to a buy to let loan with Bank of Ireland and intend to use the remaining equity as a deposit on further house. The location we are interested in is Caddington. Will your lawyers be able to act for both sets of banks and tie in the transactions?

Do use our search tool on this page to check that the solicitors are approved by both lenders. Having checked that they are your conveyancer should be able to connect the two deals but you should have a chat with you solicitor and make clear your expectations and requirements.

I am employed by a long established estate agent office in Caddington where we see a few flat sales put at risk due to leases having less than 80 years remaining. I have been given inconsistent advice from local Caddington conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can initiate the lease extension process for the buyer?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I inherited a 1st floor flat in Caddington, conveyancing was carried out 3 years ago. How much will my lease extension cost? Comparable flats in Caddington with an extended lease are worth £216,000. The ground rent is £50 per annum. The lease finishes on 21st October 2094

With just 69 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.