What is the optimum way to discover of the solicitor carrying out my conveyancing in Andover is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £175.00 in additional conveyancing charges.

Please do make the most of the search tool on this page. Please choose the lender and type ‘Andover’ or your preferred area and you will discover a number of lawyer offices in Andover or near you.

Does a directory service exist listing Virgin Money panel conveyancers in Andover on the Council of Mortgage Lender’s Website?

No. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable online. Where you are looking for a Andover conveyancing practitioner on the Virgin Money please use our tool.

After shopping around on the internet I have found a Andover conveyancer having made sure that they are on the Aldermore conveyancing panel. Does my lawyer arrange the survey of the property?

Aldermore will need an independent valuation of the property. Your lawyer will not arrange this. Usually Aldermore will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Andover surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

Coventry BS have agreed my mortgage in principle, my bid on a apartment in Andover has been agreed to, what are the next steps?

The property agent will want to be advised as to your conveyancing practitioner's details (be sure the property lawyers are on the bank’s panel). Telephone Coventry BS or the broker and complete any appropriate documentation. Coventry BS will sellect a valuer who will get in touch with the estate agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes on average a fortnight to get a mortgage offer. Coventry BS will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Andover.

How does conveyancing in Andover differ for newly converted properties?

Most buyers of new build residence in Andover contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is constructed. This is because 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 conveyancers 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 father-in-law has suggested that I use his lawyers for conveyancing in Andover. Should I use them?

There are no two ways about it the best way to find a conveyancing lawyer is to have referrals from friends or relatives who have used the firm you're are thinking of instructing.

I've recently bought a leasehold property in Andover. Am I liable to pay service charges for periods before completion of my purchase?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Andover - Examples of Queries Prior to Purchasing

In the main the outlay for major works tend not to be wrapped into the service charges, albeit that there some managing agents in Andover require leaseholders to contribute towards a reserve fund created for the specific intention of establishing a fund for larger works. How much is the yearly service fee and ground rent?