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 “Purchase”

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
Whilst the act cannot deal with the neighbour’s children perfecting their drum solo at 1am it can prevent and resolve disputes involving party walls, boundary walls and excavations near neighbouring buildings. 
What is a notice in conveyancing? 
 
A notice is something that can be registered against the Title to a property as a form of protection to someone with an interest in a particular property. Such notices must be registered, by your Garstang solicitor, via the Land Registry Portal. 
 
The conveyancing solicitor Preston should complete an application form which, dependent on the type of notice being registered, can vary. These forms include AN1 (Agreed Notice) or UN1 (Unilateral Notice), for example. We do, however, understand that these terms may mean very little to you, which is why our specialist team of Garstang solicitors are on hand to advise you of exactly what is required and to guide you through the process. 
Have you ever sold a property? Well, as many of our client’s will vouch, it can be a VERY stressful time! However, some would argue that, to take some of that stress away, you could always … raffle your property. 
Exchange of Contracts is often referred to as the ‘point of no return’, this is because, by Exchanging, you are giving authority to your Solicitors in Lancaster to complete on the agreed date, which makes the transaction legally binding. As you can see, this is why your Lancaster law firm aim to proceed to this stage of your matter as soon as is possible. 
 
As per Section 2 of the Law of Property (Miscellaneous Provisions) Act 1989, the Contracts are to be identical and include all relevant terms. Your Solicitors in Lancaster will draft the Contract for sale and send this to the buyer’s solicitor for their approval. Once approved, with any necessary amendments, the Contracts can be Exchanged. 
“Quic quid plantatur solo solo credit.” Nope the Conveyancing Solicitors Preston have not finally lost the plot; that is Latin for (roughly) “Whoever owns the land at the bottom of the lake owns everything up to the sky”. 
I am painfully aware that I am writing this in January. Ever the optimist I am going to concentrate on the fact that it is 57 days until Spring and in my mind, it is sort of Spring…ish. I mean Christmas is out of the way. And there is no doubt about it, everything just feels better in the Spring…everything looks better in the Spring too which is why most people choose to sell in Spring. The gardens look pretty, the daffodils are blooming, and everything feels fresh so let us have a look at the Conveyancers guide to gardening. Which isn’t so much a guide to gardening rather look at Japanese Knotweed and the messy horror it causes (that took a dark turn didn’t it!). You may have heard… it cost £70 million to clear the blight at the London Olympics in 2012! 
Ever seen the Despicable Me when the Minions start saying “blah blah blah”? If you haven’t then the reference will probably make as much sense to you as some of the terminology used in Conveyancing. If you have then you’ll know that when Solicitors start talking then often, they may as well be saying “blah blah blah” for all then sense it makes! Well never fear for a (wanna be) Superhero is here to explain the terminology of the contract to you (ha! Bet you thought it was going to be something way more exciting!) 
It is well-known, often cited case law that a person should never be able to gain from illegality (Patel v Mirza [2017] AC 467). Property Law however is tricky. Read on to discover how the courts have assisted Mr Rashid (in the case of Farakh Rashid v Mohammed Rashid: [2017] UKUT 0332 (TCC)) gain from illegal actions. 
What does that even mean? The Solicitor said something about the thingy? MG Legal, Solicitors in Chorley, demystify Conveyancing jargon so you can concentrate of the important things. Like your other half talking gibberish about not moving on that day because “the football” or your mother telling you that the walls of your dream house should be magnolia white and your bathroom should, of course, feature snot green tiles. 

Tags

Our site uses cookies. For more information, see our cookie policy. ACCEPT COOKIES MANAGE SETTINGS