My fiance and I are hoping to purchase a property in Hastings and have appointed a Hastings conveyancing practice. Within the last couple of days our conveyancer has sent a preliminary report and documents to look through with a view to exchanging next week. Bank of Ireland have this morning contacted us to inform me that there is now an issue as our Hastings conveyancer is not on their conveyancing panel. What do we do from here?
When purchasing a property with mortgage finance it is normal for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Hastings lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
Having sold my house in Hastings last April but the buyer keeps telephoning every few hours complaining that their lawyer is waiting to hear from mine. What should have happened following completion?
Following your disposal your solicitor is committed to send the transfer deeds and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer must also evidence that the mortgage has been discharged to the purchasers lawyers. There are no post completion requirements peculiar conveyancing in Hastings.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a straight forward, chain free conveyancing. Hastings is the location of the property. Is there any guidance you can give?
Flying freeholds in Hastings are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hastings you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hastings may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am a sole trader hoping to lease a unit on a shopping parade. Can you recommend conveyancers offering fixed costs for commercial conveyancing in Hastings for less than 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Hastings, including the sale and acquisition of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right firm. Regarding the charges these will vary based on the structure and complexity of the deal. Please provide us with your details or telephone so as to enable us to supply you with comprehensive commercial conveyancing calculation.
I am using a search engine for the phrase conveyancing in Hastings it reveals many property lawyerslocally. With so much choice what is the best way to find the suitable conveyancer for me?
The preferential way of choosing a suitable conveyancer is via personal recommendation, so seek the counsel of friends and those you trust who have acquired a property in Hastings or the local estate agent or mortgage broker. Costs for conveyancing in Hastings vary, so it's sensible to secure a minimum of three quotes from different conveyancers. Make sure that you know what costs in the quote includes.