Me and my partner are due to exchange on the purchase of a property in Andover but as a consequence of damage from some water damage at the property I have managed to agree recompense from the owner of three thousand pounds in the form of a adjustment in the price. This was going to be dealt with as part of amending the contract but Barclays will not permit this. Why were they notified?

The conveyancing practitioner being on the Barclays approved list is obliged to disclose to Barclays of any variations to the purchase price. If you were to refuse your property lawyer to report the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new lawyer for your conveyancing in Andover.

My father advised me that in purchasing a property in Andover there may be various restrictions preventing external changes to the property. Is this right?

We are aware of a number of properties in Andover which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Andover should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Are all Andover Conveyancing Quality Solicitors on the Coventry BS conveyancing list of approved firms?

Some major banks and building societies now utilise CQS as the starting point for Panel membership such as HSBC and Santander. CQS membership 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 solicitor practices wishing to join their approved list of conveyancing solicitors.

I currently have a mortgage with Nationwide for my property in Andover. Conveyancing was finalised some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nationwide?

You must advise Nationwide in advance of renting your property as this is likely to be a breach of Nationwide’s mortgage conditions. It may be that Nationwide will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nationwide directly. You need not do this via a Nationwide conveyancing panel firm.

I need some fast conveyancing in Andover as I am faced with an ultimatum to exchange contracts inside 3 weeks. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save fees and time?

If.Given you are not obtaining a mortgage you have the choice not to do searches although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Andover the following are examples of what can crop up and therefore impact future saleability: Enforcement Actions, Outstanding Charges, Outstanding Grants, Unadopted Roads,...

Just had an offer accepted on a new build flat in Andover. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Andover

There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision.

I am hoping to put an offer on a small detached house that appears to meet my requirements, at a great figure which is making it more attractive. I have since found out that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Andover. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in Andover ?

The majority of houses in Andover are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Andover in which case you should be shopping around for a Andover conveyancing practitioner and check that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’sconsent to carry out alterations. It may be necessary to pay a maintenance charge towards the maintenance of the estate where the house is part of an estate. Your solicitor will advise you fully on all the issues.

Andover Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying

Its a good idea to find out as much as you can about the managing agents as they can either make your life much easier or uncomfortable. As the proprietor of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to day to day issues like the upkeep of the communal areas. Don't be afraid to ask other tenants what they think of their management. In conclusion, be sure you discover the dates that you are obliged pay the maintenance charge to the managing agents and precisely what it includes. Please inform me if there are any major works in the planning that will add a premium to the service fees? Who are the managing agents?