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 “Property Solicitors Preston”

Imagine you’ve found the perfect pair of Louboutin shoes. The bright red soles that shine the red of holly berries as you walk with its slim stiletto and classic pointed toe. Now imagine that you make the momentous decision to spend £455.00 to buy a pair of shoes even though you can buy a similar pair for £20.00 from “Primarnie”! You make all kinds of promises to yourself; about how you’re only buying them to wear to that job interview, they’re an asset, if you get the job then technically you’ve made money on them, they’ll be lucky when you take them on that date, after all Louboutin’s are a symbol of excitement for women the world over. 
According to a recent speech by Andrew Walker QC, the thread that binds the legal process together, the Rule of Law, (The authority and influence of law in society – the main pillar of the Rule of Law being that all members of a society, including the government, police, and any other powers, are considered equally subject to publicly disclosed legal codes and processes), is under threat as a result of cuts being made to legal aid relating to family law and those in need of their nearest solicitors dealing in criminal law. MG Legal’s team of solicitors in Preston, and many other local family law solicitors have noticed that the much of the public are unaware of the cuts, and our solicitors in Lancaster, Lancashire still receive requests for legal aid from clients on a daily basis. 
What are Covenants? 
 
Covenants are important matters, contained in the property’s title, that affect the land and can be either positive or restrictive. 
 
They can be found within the Official Copy of the Register of Title. The Official Copies may contain a schedule which will outline the covenants for your solicitors in Lancaster Lancashire to study. The Official Copies may also refer to specific documents which contain covenants. Your solicitors in Lancaster would then request copies of such documents to gain clarity on what the covenants are and what they mean for their client. 
What is an Easement? 
 
MG Legal, Conveyancers in Manchester, see Easements as being like vouchers or IOU’s. The Land Owner gets a right (or a voucher) to use, or in some cases not use, the land in a certain way. For example, the land may grant you one voucher to cross next doors land.  
 
However; certain conditions must be met before an easement can exist, namely: 
 
(a) As is every relationship one must get it better than the other! That is; there must be a piece of land that gets the benefit of the land (dominant) and a piece of land that has the burden of it (servient). 
 
(b) The right must benefit the dominant land 
 
(c) the dominant and servient (…get your head out of the Gutter we are not talking 50 Shades, we’re talking pieces of land!) must not both be owned and occupied by the same person; and 
 
(d) the right must be capable of being granted by deed, so therefore they must usually be: 
(i) within the general nature of rights capable of being easements, and 
(ii) sufficiently definite. 
What are Official Copy Entries? 
 
Official Copy Entries are a form of document which your solicitors in Longridge can download from the Land Registry. This document will show all of the records the Land Registry hold about the property, and includes information for your property solicitors Preston to review and investigate accordingly. The records are held under a specific title number, unique to that property and are accompanied by a Title Plan showing the physical boundaries of the property. 
The issue may not be quite as bleak as first it sounds. Leaving aside the messy issue of Brexit; one of this current Government’s main commitments is to build new affordable housing. And build they are! We are currently living in new build BOOM! (Just thought I’d put some capitals in to distract from that terrifying figure I mentioned before!). 
 
Many who are part of “Generation Rent” believe that they may never be able to afford their own home as month after month they pay a huge proportion of their rent to Landlord’s each month. This is a far cry from the previous generation when it seemed that every man, woman, dog and cat…. you get the gist…. owned their own home! 
Where a Freehold means that you own the property and the ground it is built on; owning the Leasehold means that you Lease the property from the Freeholder and you have the use of it for a specific period of time. 
 
Leasehold and Freehold are terms that are usually glossed over however whether a property is Freehold or Leasehold (and more specifically the terms of the Lease) can often determine whether a property is worth purchasing or not. 
Purchasing your first property can take years and years of saving for and can be the biggest purchase you make in your lifetime. It is, therefore, never too early to plan how this will be funded. With current incentives in place such as, Help to Buy Schemes and the abolishment of first-time buyer Stamp Duty Land Tax, more younger people are being encouraged to purchase property and get onto the property ladder, with the help of your property solicitors Preston. 
Our site uses cookies. For more information, see our cookie policy. ACCEPT COOKIES MANAGE SETTINGS