My mortgage broker has asked me for my Hastings law firm’s panel reference for the Nat West conveyancing panel. Can you suggest how I obtain this. I have called my local Hastings office but they don't know it.
The sensible thing to do is ask for this information from your Hastings conveyancer . Most Hastings conveyancing practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Is it possible for conveyancing in Hastings to be done in less than 10 days?
In a situation where you are under pressure for your conveyancing we would recommend that your solicitor is familiar with the location as they will benefit local contacts and know-how. It is possible that they may have handled previoushomes in the same neighbourhood. Therefore consider using a Hastings conveyancing solicitor. In addition, be sure that the conveyancing firm is on the on the approved list for your mortgage company. It is estimated that nearly one in five of Hastings conveyancing deals are held up or jeopardised after finding out that a purchaser’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the home move being frustrated by as much as 21 days. It is said that this issue impacts approximately one hundred thousand home sales every year. Most Hastings conveyancing firms can not act for certain lenders so do check at the outset.
Why do I have to pay up front for conveyancing in Hastings?
Where you are retaining lawyers for conveyancing in Hastings your lawyer will ask you place them with monies to cover the search fees. Generally this is needed to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this should be required shortly prior to contracts are exchanged. Any further balance that is due will be payable shortly before completion.
Various web forums that I have frequented warn that are the primary cause of stalling in Hastings conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of holding up conveyancing in Hastings.
The deeds to our property are lost. The solicitors who did the conveyancing in Hastings 5 years ago are no longer around. What are my options?
Assuming you have a registered title the information relating to your ownership will be retained by the Land Registry under a Title Number. It is possible to conduct a search at the Land Registry, identify your property and order current copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
Midway through the sale of a leasehold flat in Hastings. Conveyancing lawyers are doing their job but we are being charged a fortune from the freeholder. To date we have forked out £237 for a leasehold management information and then another £134.40 for additional questions supplied by the purchaser's lawyer.
Neither you or your lawyer will have any say over the level of the charges for this information however the average costs for the information for Hastings leasehold property is £350. For Hastings conveyancing sales it is standard for the seller to pay for these costs. The landlord or their agents are not duty bound to answer these questions although many will be willing to do so - albeit often at exorbitant prices out of proportion to the work involved. Regretfully there is no law that mandates set fees for administrative tasks. Nor is there any statutory time limit by which they are obliged to supply the information.