Finally the sale completed on my house in Hastings last June yet the purchaser is calling me to moan that their conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
Following your sale your conveyancer should deliver the transfer deeds and all supplemental paperwork to the buyer’s lawyers. If applicable, your conveyancer should also send confirmation that the mortgage has been discharged to the purchasers conveyancers. There is unlikely to be post completion procedures just for conveyancing in Hastings.
What is your number one tip for choosing a conveyancing solicitor in Hastings
It would be unwise to be swayed by the lowest Hastings conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Are all Hastings Conveyancing Quality Solicitors on the Skipton conveyancing panel?
Some major banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
is it true that all Hastings solicitor practices on the Lloyds conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Lloyds approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
How does conveyancing in Hastings differ for newly converted properties?
Most buyers of new build premises in Hastings come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because house builders in Hastings tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Hastings or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Hastings is where the house is located. What do you suggest?
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 would need to get your solicitor to go through the deeds thoroughly. Your bank 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.
Am I better off to go with a Hastings conveyancing practitioner who is local to the property I am hoping to buy? We have a good friend who can conduct the legal formalities however her office is approximately 350miles drive away.
The benefit of a high street Hastings conveyancing firm is that you can attend the office to execute paperwork, hand in your identification documents and apply pressure on them where appropriate. Having local Hastings know how is a bonus. However it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and in the main were impressed that must trump using an unknown Hastings conveyancing solicitor solely due to them being local.