Please help - my lawyer advises that absentee landlord insurance is required on my purchase. What is the level of cover for Andover conveyancing?
The appropriate level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Santander and Bank of Scotland. Conveyancing practitioners as opposed to members of the public take out such insurances.
Are all Andover Conveyancing Quality Solicitors on the Barclays conveyancing list of approved firms?
Some major banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
I recently had an offer agreed on a house in Andover. My financial adviser recommended their conveyancers. I paid an upfront payment of £200. Not long after, the conveyancer contacted me embarrassingly acknowledging that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am planning on selling our house in Andover and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Andover conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers instructed a national conveyancing outfit as opposed to a conveyancing solicitor in Andover. Having lived in Andover for 4 years we know that this is a non issue. Should we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am looking for a leasehold apartment up to £245,000 and identified one close by in Andover I like with amenity areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Andover suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage that many years will be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
What makes your site different to other web based conveyancing solicitors for conveyancing in Andover?
At this site receive a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Andover. Unlike many estate agents and many comparison sites we do not have commission deals with solicitors. Many agents and online brokers 'recommend' the firm paying the most kickback, rather than the best value conveyancing in Andover
My wife and I purchased a leasehold house in Andover. Conveyancing and Platform Home Loans Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Andover who acted for me is not around. What should I do?
First make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to instruct a Andover conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Andover Leasehold Conveyancing - Examples of Queries Prior to buying
Are any of leasehold owners in dispute over their service charge payments? It would be prudent to discover as much as possible about the managing agents as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to daily issues like the cleanliness of the communal areas. Enquire of prospective neighbours what they think of their management. Finally, be sure you understand the dates that the service fees are due to the managing agents and precisely what it includes.