My husband and I are buying a ground floor flat in Andover. My Solicitor is not listed on the mortgage company approved list. Can I still appoint my Andover conveyancing solicitor even though they are excluded from the mortgage company panel?
One will need to use a solicitor to deal with the legal work required when you require a mortgage to buy your home. They will conduct all the essential due diligence on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage documentation is dealt with. One may appoint a Andover conveyancing practitioner of your choosing. However, if the solicitor appointed is not on the mortgage company approved list supplemental costs will be levied as separate legal representation will be required by them. Bank panel applications may be submitted, so where your conveyancer has not historically applied for membership they should take the opportunity to apply.
My wife and I are buying a flat in Andover. I might seem paranoid but how we can trust a lawyer? On completion day we have to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
This question may be naive but I am unexperienced as a 1st time purchaser of a garden flat in Andover. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Andover?
On the day of completion you do not need to attend the conveyancers office in Andover. Conveyancing lawyers for you will arrange to send the purchase money to the vendor’s lawyers, and once they have received this, you will be able to pick up the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
At last I have had an offer on a flat in Andover agreed to, the owners do however have a dependent purchase. The owners have offered on a property, however it’s not been accepted yet, and are looking at other flats in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Andover. What should be my next step? When should I get the mortgage application with Nottingham started?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then survey, Andover conveyancing search costs, etc). First, you should check that your conveyancer is on the Nottingham approved list. As to the subsequent steps this very much dictated by the circumstances of your transaction, desire for the property and on the state of the market. During a buoyant market some purchasers will apply for the mortgage with Nottingham and arrange for the valuation and only if it was satisfactory would they request their conveyancer to move forward with searches.
My wife and I have a renovated Edwardian property in Andover. Conveyancing lawyer represented me and Aldermore. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Andover and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing practitioner who conducted the conveyancing.
How does conveyancing in Andover differ for new build properties?
Most buyers of new build or newly converted property in Andover come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because house builders in Andover tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Andover or who has acted in the same development.
My husband and I are novice buyers - agreed a price, yet the estate agent has warned us that the seller will only issue a contract if we use their preferred solicitors as they want an ‘expedited deal’. We would rather use a high street conveyancer with experience of conveyancing in Andover
We suspect that the owner is not behind this ultimatum. If they desire ‘a quick sale', alienating a serious buyer is likely to cause more damage than good. Try to communicate with the sellers directly and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you wish to move quickly (e)however you are going to instruct your own,trusted Andover conveyancing firm - rather thanthe ones that will earn their negotiator at the agency a referral fee or meet his conveyancing thresholds set by corporate headquarters.
My brother purchased his flat in Andover ten years ago. He has got wed, divorced and has recently married again. He now wishes to the sell the Andover property. I think he will simply be requested to supply copies of the marriage certificates to the solicitor but he is worried it will hold up the conveyancing. Should he appoint a conveyancer to update the Land Registry documents for the property?
It is not absolutely necessary to update the register as long as you have the proof needed to show how the name change resulted.
The purchaser’s solicitor will review the land registry entries and need evidence to establish the change of name e.g. marriage certificates.