Our conveyancer has discovered a a problem with the lease for the property we are buying in Hastings. The other side have put forward title insurance as a workaround. We are content with insurance and will pay for it. Our conveyancing practitioner has advised that he must check that the mortgage company is happy with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the lender are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.
Can I use your services to recommend a Conveyancing solicitor in Hastings even where I’m not purchasing or disposing of a house, for example where I wish to acquire a shop in Hastings with a loan from Britannia?
The service is primarily utilised to get a quote from residential conveyancing solicitors in Hastings but we have recorded towards the bottom of this page a few Hastings commercial conveyancing firms. You should speak with the solicitors directly to establish if they are also authorised to represent Britannia
My stepmother pointed out to me me that in purchasing a property in Hastings there could be a number of restrictions limiting what one can do in terms of external alterations to the property. Is this right?
We are aware of a number of properties in Hastings which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Hastings should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can you point me to a directory of HSBC panel solicitors in Hastings on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. Very few mortgage companies make their panel listings visible on the web. Where you are seeking to appoint a Hastings conveyancer on the HSBC please use our tool.
I have decided to exercise my right to buy my property in Hastings off the council. I have a mortgage offer with HSBC. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
Just acquired a detached house in Hastings , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My Hastings conveyancing solicitor works at snail pace, so I want to be certain the land registry aspects are dealt with.
There is nothing unique about conveyancing in Hastings registration formalities. As opposed to being determined by geographic area, timescales can vary according to the party submitting the application, whether it is in order and whether the Land registry have to notify any third persons or bodies. Currently in the region of three quarters of such applications are completed in less than three weeks but some can be subject to extensive hold-ups. Historically registration is effected after the new owner is living at the property so registration formalities is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your lawyers could contact the land registry and explain the circumstances.
My husband and I are 14 days into a freehold purchase having been recommend to conveyancers by the high street agent to do our conveyancing in Hastings. I am not happy. Can you you assist me in finding new conveyancers?
They would need to be really poor to suggest changing them. Has the loan offer been generated? In the event that it has you will need to inform them of the new contact details and ensure the mortgage documents are re-sent. The solicitor ideally needs to be on the banks panel to avoid added expenses and complications. So that should be your starting point. The find a solicitor tool should help you find a lender approved conveyancer for your conveyancing in Hastings