Are the Hastings conveyancing solicitors identified as being on the RBS conveyancing panel, together with their details provided by RBS?
Hastings conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
Various internet forums that I have frequented warn that are the number one reason for obstruction in Hastings conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published determinations of a review by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Hastings.
I acquired my flat on 7 March and my personal details is yet to be on the land registry website. Should I be concerned? My conveyancing solicitor in Hastings expressed confidence that it should be registered inside ten days. Are properties in Hastings uniquely lengthy to register?
As far as conveyancing in Hastings is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and if the Land registry must send notices to any 3rd parties. At present in the region of three quarters of such applications are fully addressed within 12 days but some can be subject to protracted delays. Historically registration is effected after the new owner is living at the property so 'speed' is not typically primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor could contact the land registry and explain the circumstances.
How does conveyancing in Hastings differ for newly converted properties?
Most buyers of new build residence in Hastings come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Hastings usually acquire the real estate, 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 property lawyers 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 used 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 element on a property I put an offer in last month in what should have been a straight forward, no chain conveyancing. Hastings is the location of the property. Can you shed any light on this issue?
Flying freeholds in Hastings are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hastings you must be sure that your lawyer goes 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 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 residence.