My brother and I have just purchased a house in Andover. We have noticed several issues with the house which we believe were overlooked in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that should have been ordered for conveyancing in Andover?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Andover. Conveyancing searches and due diligence initiated during the buying process are designed to help avoid problems. As part of the legal transfer of property, the vendor fills in a questionnaire known as a SPIF. If the information ends up being misleading, you could possibly take legal action against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Andover.
Me and my partner are buying a house in Andover. I might seem paranoid but how we can trust a conveyancer? At some point we will need to put money into their account. What protection do we have from them run away with our deposit?
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.
is it true that all Andover solicitor firms on the Lloyds conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Lloyds approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Many banks do permit licenced conveyancers on their panel in which case such practice would be overseen by the Council of Licensed Conveyancers.
About to purchase apartment in Andover. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Coventry BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Andover property lawyer is on the Coventry BS conveyancing panel.
Should my conveyancer be raising questions concerning flooding during the conveyancing in Andover.
The risk of flooding is if increasing concern for conveyancers carrying out conveyancing in Andover. Plenty of people will purchase a property in Andover, completely expectant that at some time, it may be flooded. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to offer advice on flood risk, but there are a various searches that may be initiated by the buyer or on a buyer’s behalf which should figure out the risks in Andover. The standard property information forms supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a usual question of the vendor to discover whether the premises has suffered from flooding. If the premises has been flooded in past which is not notified by the owner, then a buyer could issue a compensation claim as a result of such an incorrect answer. The purchaser’s lawyers will also order an environmental report. This should disclose if there is any known flood risk. If so, additional investigations will need to be made.
Hoping to buy a property located in Andover and I am already nervous. I couldn't find anything specific about Andover. Conveyancing will be needed in due course but do you know about the Andover area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Andover. In the meantime here are some basic statistics that we found
I am employed by a busy estate agent office in Andover where we have witnessed a number of flat sales jeopardised as a result of leases having less than 80 years remaining. I have been given contradictory information from local Andover conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can instigate 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 kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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.
Andover Conveyancing for Leasehold Flats - A selection of Queries Prior to buying
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How much is the ground rent and service charge? The answer will be important as a) areas can result in problems for the block as the common areas may begin to deteriorate where maintenance remain unpaid b) if the leasehold owners have an issue with the managing agents you will want to know about it Are any of leasehold owners in arrears of their service charge liability?
My brother-in-law has suggested I instruct a conveyancing solicitor in Andover. I need to find out if they are listed on the lender's conveyancing panel. Could you or the bank confirm if they are on the panel?
One option is to phone your lawyer to enquire if they are on the lender's panel. If that does not help get in touch with us and we can investigate and revert. If they are not on the conveyancing panel we can certainly arrange a specialist conveyancing solicitor in Andover on the approved list for your lender.