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 “Preston Property Law”

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. 
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. 
As one of our up-and-coming Property solicitors, our trainee solicitor, Chloe Cardwell, always has a busy day to look forward to upon arriving at the office. She always ensures that she has had her dose of morning coffee and is ready for the day ahead. 
As part of your purchase transaction, your conveyancing solicitors will submit searches on your behalf. Essentially, the searches are used to ensure the integrity of the property you are purchasing, and that there are no issues which may come to haunt you in the future. See our blog on ‘The Importance of Conveyancing Searches’ for more information on what these entail by following the link here. 
At MG Legal, we are always on the look out for new and exciting ways to improve our excellent service to clients. Our conveyancing solicitors have today discovered the latest innovation, which has been introduced by Hunters (in collaboration with Webanywhere), creating a new tool for the well-known Amazon Alexa
When selling a property, your conveyancing solicitor will ask you for any deeds and documents that you hold pertaining to your property. Such documents will be required to draft the Contract pack and supporting documents, which the buyer’s solicitor will then review and report to the buyer on. 
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. 
MG Legal, Solicitors in Lancaster know that Buying your first home can be one of the most stressful times in anyone’s life!  
 
So, let us help by answering one or two of the most commonly asked questions about the Help to Buy ISA: 
Local Knowledge: - Local Solicitors = Local Knowledge.  
 
So, you found your dream home. The Seller hasn’t disclosed any issues with flooding and you aren’t aware of this being an issue either. You’ve decided not to have searches carried out, and the flooding issue hasn’t come to light. Your local Solicitor knows the area and knows to ask the Solicitor on the otherside whether there have been issues in this regard. Local Knowledge means that there is a much higher likelihood of accuracy when it comes to your transaction and it may also mean speed too. If the Solicitor has local -knowledge they may not have to waste time raising 1,000,000 queries if they already know the answer!  
 
Some property Solicitors in Preston, such as yours truly have dealt with transactions where they have bought the property for one party and are now selling the property so we know they questions that are likely to be raised and we can often pre-empt them! 
MG Legal, Garstang Solicitors, are delving deep in to their personal archives and contouring the memory of their parents telling them that they must do a certain something and the reasoning behind the order was always “because I said so”. Seemingly Dover District Council and South Cambridgeshire District Council were hoping to get away with the same reasoning. 
 
Two recent cases Dover DC v Campaign to Protect Rural England (2017) and Oakley v South Cambridgeshire District Council (2017) both involved cases where planning permission was granted despite public opposition and against advice of Planning Officials. 

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