Recently been in touch with my conveyancing lawyer in Andover who completed the legal work two years ago and wanted a conveyancing estimate based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a loan from Norwich and Peterborough Building Society. It looks as though am now being quoted twice the amount. Should I hunt for an alternative conveyancer?
The quote is slightly on the expensive side. Where you are happy to expend time contrasting prices you might get the conveyancing a bit cheaper by as much as £125. On the other hand, providing that you were pleased with the legal work the firm offered you maylive to rue opting for an an untested lawyer. Remember to ensure the solicitor can act for Norwich and Peterborough Building Society. Do make use of our search tool to choose a Andover conveyancing firm on the Norwich and Peterborough Building Society member panel, which can often include conveyancing solicitors in Andover.
My brother and I have lately acquired a house in Andover. We have since encountered a number of issues with the house which we believe were missed in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Andover?
The query is not clear as to the nature of the problems and if they are specific to conveyancing in Andover. Conveyancing searches and due diligence initiated as part of the buying process are carried out to help avoid problems. As part of the legal transfer of property, a seller answers a questionnaire referred to as a SPIF. If the information ends up being inaccurate, then you may have a claim 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.
Do the Building Society Association intend to launch a search tool with a view to list law firms on the Loughborough BS conveyancing panel for instance in Andover?
We would not expect to be advised of any intention on the part of the BSA to develop such a tool.
My wife and I have a 4 bedroom Edwardian house in Andover. Conveyancing lawyer acted for me and Britannia. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold under the matching address. Is it worth asking Britannia to clarify?
You should review the Freehold register you have again and check the Charges Register for 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 sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with the conveyancing solicitor who carried out the work.
What are your top tips when it comes to finding a Andover conveyancing practice to carry out our lease extension conveyancing?
When appointing a property lawyer for lease extension works (regardless if they are a Andover conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Andover conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:
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How experienced is the firm with lease extension legislation?
I acquired a garden flat in Andover, conveyancing formalities finalised July 2001. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Andover with over 90 years remaining are worth £222,000. The average or mid-range amount of ground rent is £50 levied per year. The lease finishes on 21st October 2094
With only 71 years unexpired we estimate the premium for your lease extension to be between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.
Are you able to clarify the scope of conveyancing dealt with by Andover conveyancing firms?
Most Andover conveyancing organisations can provide a number of assistance to residential and agricultural land proprietors, vendors, purchasers, freeholders and tenants helping outwith some of the following:
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Domestic sale conveyancing in Andover or beyond
Property purchase conveyancing in Andover and also around the country
Leasehold conveyancing sales and purchases Auction disposal and purchase conveyancing in Andover and all parts of the country Amanah Compliant Finance including sales, purchases and refinances Property transactions resulting from matrimonial or relationship splits