I need some quick conveyancing in Hastings as I am faced with a deadline to sign on the dotted line in less than 2 weeks. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?

As you are not taking a mortgage you are at free not to do searches although no lawyer would recommend that you don't. With lots of history conveyancing in Hastings the following are instances of what can appear and adversely affect future saleability: Refused Planning Applications, Overdue Charges, Overdue Grants, Unadopted Roads,...

The estate agent has sent us the confirmation of our purchase of a new build flat in Hastings. Conveyancing is a frightening process 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 questions that you may expect your new-build leasehold conveyancing in Hastings

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants.

I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a straight forward, chain free conveyancing. Hastings is the location of the property. Is there any advice you can give?

Flying freeholds in Hastings are rare 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 very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hastings may determine 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.

Is there anything unique about your site and other web based conveyancing brokers when it comes to conveyancing in Hastings?

At this site get a fixed fee quote from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Hastings. As opposed to estate agents and brokerage sites we do not charge firms a fee if you instruct them for your home move in Hastings

When it comes to leasehold conveyancing in Hastings what are the most common lease defects?

There is nothing unique about leasehold conveyancing in Hastings. Most leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are wrong. The following missing provisions could result in a defective lease:

Clauses dealing with recovering service charges for expenditure on the building or common parts.

A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Santander, Virgin Money, and Clydesdale all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to withdraw.

Hastings Leasehold Conveyancing - A selection of Queries Prior to Purchasing

Is there a share of the freehold? If a Hastings lease has no more than eighty years it will affect the salability of the flat. It is worth checking with your lender that they are happy with the length of the lease. Leases with fewer than 80 years remaining means that you will probably require a lease extension sooner rather than later and it is worth finding out how much this would cost. Remember, in most cases you will need to own the premises for a couple of years before you are legally able to extend the lease. What is the maintenance charge and ground rent on the apartment?