We just had an offer accepted to buy with Coventry BS. We have called around locally but am unable to find a Andover conveyancing firm on the Coventry BS approved list. Can you help?
Please do make use of the search tool on this web page. Please choose the building society and type Andover or your preferred area and you will see a number of lawyer based in Andover or by proximity to you.
How does conveyancing in Andover differ for new build properties?
Most buyers of new build premises in Andover approach us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because developers in Andover usually acquire the land, 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.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Andover I like with open areas and transport links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Andover suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
How do I use the search app to choose a conveyancing lawyer in Andover on the panel for my mortgage?
1st pick a lender such as Halifax, Bank of Scotland or Bank of Ireland then specify your preferred area a common one being Andover. Conveyancing firms in Andover and beyond will then be identified.
Am I better off to appoint a Andover conveyancing solicitor who is local to the property I am hoping to buy? An old friend can conduct the legal work however her office is a couple of hundredkilometers away.
The benefit of a local Andover conveyancing firm is that you can visit the firm to sign documents, deliver your identification documents and pester them where appropriate. Having local Andover know how is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were impressed that must outweigh using an unknown Andover conveyancing solicitor solely due to them being round the corner.
Harry (my fiance) and I may need to rent out our Andover basement flat for a while due to a career opportunity. We used a Andover conveyancing practice in 2001 but they have since shut and we did not have the foresight to seek any guidance as to whether the lease permits subletting. How do we find out?
A lease dictates the relationship between the landlord and you the flat owner; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Andover do not prevent subletting altogether – such a provision would adversely affect the market value the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
Leasehold Conveyancing in Andover - Sample of Queries before Purchasing
-
What is the annual service fee and ground rent? It would be prudent to enquire if the the lease includes any onerous restrictions in the lease. By way of example plenty of leases prohibit pets being permitted in in a block in Andover. If you love the propertyin Andover but your cat is not allowed to move with you then you will be presented with a hard choice. How many of the leaseholders are in arrears for their maintenance charge payments?