We see that you have a search directory listing firms on the RBS conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Hailsham?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hailsham.
Various web forums that I have come across warn that are the primary reason for stalling in Hailsham house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Hailsham.
I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Hailsham for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The easiest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hailsham conveyancing specialists.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a straight forward, chain free conveyancing. Hailsham is where the house is located. Can you offer any guidance?
Flying freeholds in Hailsham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hailsham 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 Hailsham 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.
What makes a Hailsham lease unmortgageable?
There is nothing unique about leasehold conveyancing in Hailsham. All leases are unique and drafting errors can sometimes mean that certain clauses are missing. For example, if your lease is missing any of the following, it could be defective:
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A provision to repair to or maintain elements of the property
A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Bank of Scotland, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the purchaser to pull out.
I inherited a 1st floor flat in Hailsham, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Corresponding flats in Hailsham with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease runs out on 21st October 2096
With just 71 years remaining on your lease the likely cost is going to be between £9,500 and £11,000 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.
A licensed conveyancer handled my conveyancing in Hailsham 5 years ago and was holding my title documents but has since been shut down – how do I retreive these?
Deeds, as such, no longer exist as most properties in Hailsham are archived electronically at Land Registry. Should you need to prove ownership or are disposing of or re-mortgaging your property lawyer should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.