We are a couple about to sign contracts for a freehold house in Andover. We encountered a problem. Our mortgage offer with Britannia expires on 24/8/2026 but the sellers are insisting on a completion date of 26/8/2026. Can one prolong the mortgage expiry date?
The person best placed to address this issue is your conveyancer who will hopefully assess if they should be discussing with the mortgage company, vendor’s conveyancers, selling agents or indeed all three given the history of your conveyancing as of today.
At what point does exchange of contracts happen for domestic conveyancing in Andover and am I required to be at the conveyancers branch?
Where you are in close proximity to one of the conveyancing solicitors in Andover you are welcome to attend to sign contracts. However, the lender approved solicitors we recommend offer a nationwide conveyancing service and provide as equally comprehensive and professional a job for you when communicating with you by post or email. The executing of the contract is not when everything is set in stone. Signing on the dotted line is necessary for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Andover)to be in the office at the appropriate time.
My bid for a property was accepted at auction in Andover. Conveyancing is required. What happens now?
Having legally committed yourself to purchase you should retain a conveyancing solicitor quickly as you now have a tight a fixed date to complete the purchase. An auction property will ordinarily have a corresponding legal pack. This will include most,if not all of the paperwork that your lawyer requires. In the case of leasehold premises the auction pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You need to hand this to the conveyancer instructed by you at the earliest opportunity. Do make sure that your finances are in order to complete the transaction on the set completion date.
The formalities of my remortgage has taken place for my property in Andover. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I am due to exchange contracts on my house. I had a double glazing fitted in February 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Co-operative are being difficult. The Andover solicitor who is on the Co-operative conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Co-operative are requiring a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Taking into account that I will soon spend over three hundred thousand on a two bedroom apartment in Andover I would like to have a conversation with the lawyer regarding thetransaction prior to appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the lawyer due to be doing your conveyancing in Andover.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The solicitors that we put you in touch with believe that the fees you are provided with for residential conveyancing in Andover should be the amount on the final invoice that you end up paying.
I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a great figure which is making it all the more appealing. I have just found out that it's a leasehold rather than freehold. I would have thought that there are issues buying a house with a leasehold title in Andover. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
The majority of houses in Andover are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Andover so you should seriously consider shopping around for a Andover conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as obtaining the landlord’sconsent to carry out alterations. It may be necessary to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your solicitor should appraise you on the various issues.
I purchased a garden flat in Andover, conveyancing formalities finalised 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Andover with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 per annum. The lease terminates on 21st October 2087
With just 61 years remaining on your lease we estimate the premium for your lease extension to be between £18,100 and £20,800 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
How do I find a Andover conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to twentykilometers to attend the solicitor.
You can use the find a conveyancing panel search on this page. Please choose the lender and your location, in this case Andover and you will see a number of lawyer located nearest Andover. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.