Longridge: 01772 783 314 | Garstang: 01995 602 129 | Lancaster: 01524 581 306 
 
Longridge: 01772 783 314 
Garstang: 01995 602 129 
Lancaster: 01524 581 306 

Posts tagged “Buyers”

Recent research, finding that many prefer online contact as opposed to meeting with face-to-face with their solicitor, has come at a shock to MG Legal’s team. We are not the big, bad wolves you need to be scared of (or at least after we have all had our morning dose of coffee, that is!), and aim to ensure all clients feel comfortable with both online and face-to-face contact. 
Mortgage Freedom Day may not seem a likely part of your usual list of celebrations within your diary for this year, however, MG Legal’s property team can explain why you may want to note this date in red pen with stars and circles around. 
 
16th April was officially deemed Mortgage Freedom Day of 2019. Mortgage Freedom Day essentially means that borrowers have reached the point in the year where they have earned enough money to cover their mortgage payments for the year. 
At MG Legal, our solicitors in Preston understand that purchasing a property is, in most cases, one of the biggest purchases our clients will make in their lifetime. 
 
Purchasing a new home is a very exciting time for many which, in some cases, has meant that individuals who are desperate to get into their own home, will compromise on their dream. For example, recent findings have discovered that many compromised on the location of their prospective property, in order to be happy in other aspects, and have now gone on to regret such decision. 
A little red and white wooden house on a grass field, with the sun shining behind.
You may have seen in a popular newspaper this week, the headline “Man, 64, selling 3-bed home in posh area for ‘£200,000 discount’ – but you have to let him live in it”. Whilst the Newspaper goes on to report this incident as if it is some bizarre unheard-of money-making ploy, local Conveyancers and Property Solicitors recognise that the Newspaper has just caught sight of a home reservation scheme. 
So, as a reminder, an Easement is a right over a property which benefits another property (you can read more about them here) and an easement may be granted to continue indefinitely, or for a fixed period of time. Whereas a lease is a contract by which one party conveys land, property services, etc. to another person for a specified period of time, usually in return for payment (you can read more about them here). To confuse matters a little more there is also such a thing called a lease of easements. A lease of easements occurs when someone has a lease of land which they then adapt to grant a lease of rights, but interpreting such a document can create difficulty because sometimes it is not clear whether a lease of easements is granting a lease or creating an easement for a set number of years. 
More often than not, by the time clients come to instruct a property solicitor, they have a buyer in place, and already know how to sell a property.  
 
However, as a busy Lancaster law firm, our property team deal with a variety of property sales- be that by way of sale on the open market, traditional auction, modern auction, part exchange, home equity release or quick cash sale companies, and are extremely well-placed to give selling advice
With air pollution on the rise, and as one of our main public health threats, government ministers have made attempts to alleviate this issue. Air pollution has been linked to many health issues, which can stretch as far as dementia.  
 
Your solicitors in Preston have, therefore, begun to question what may be done to reduce this risk. 
When contacting your solicitors in Lancaster, and purchasing a new property with the assistance of our Lancaster law firm, one of the last things on your mind may be whether or not the property has solar panels. Well, think again, as a new Scheme for residual energy, produced by solar panels, may be slowly creeping up your new property’s ‘wish list’. 
It's hard to imagine that there are still people out there who are looking to move home, considering 992,590 households purchased a property in 2018. However, if you are someone looking to move home in 2019, then what can you expect – besides from an incredible service should you choose to instruct MG Legal, Property Solicitors Preston? 
 
It is predicted that the first quarter will be fairly quiet, with the growing uncertainty due to Brexit- many Sellers waiting until later in the year before marketing their property expecting to get a higher price once there is a little more certainty. But there will still be Buyers looking to snap up a bargain due to either Death, Divorce or Debt. 
At MG Legal, your Lancaster law firm, we are proud to be accredited by the Law Society’s Conveyancing Quality Standard (CQS). You may, however, ask what this means and why it is important? 

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