Occasions when you should always consult a property solicitor

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By: mary yohanan
on 6th Nov,2013

The legal aspect of any property transaction is extremely complicated.
Occasions when you should always consult a property solicitor


The legal aspect of any property transaction is extremely complicated. When it comes to property, it is vital that paperwork is correct and neither party is left open to the risk of exploitation. It is therefore recommended that a property solicitor is consulted, to ensure things go as planned.

Buying and selling

Purchasing a new home is both exciting and stressful. It is almost certainly the biggest acquisition of your life and nearly always involves taking on the responsibility of a long-term mortgage. When buying a property you might encounter a number of considerations. These include:


        Guarantees


        Planning permissions.


        Ownership


        Stamp duty


        Local authority searches


        Local area plans


        Title registration


        Boundary ownership


Legal property services will be able to assist with all of these issues. It is important your rights are maintained throughout the sale process and that you understand everything.

Conveyancing

When buying or selling a house, you will need to employ a conveyancer to deal with the legal process involved in transferring ownership of your property over to somebody else. From site surveys to finalizing and eventually exchanging contracts, they will be able to assist and advise you. The conveyancing process takes approximately 10-12 weeks, although can be longer or shorter depending upon legal, financial and sometimes even personal factors. Some solicitors will offer to act for you on a fixed fee contract, which will eliminate any hidden costs.

Remortgaging

Remortgaging your property might be the answer if you want to release equity or lower interest repayments. You might also be considering a remortgage if your present deal is coming to an end. Seeking the advice from a property solicitor during a re-mortgage is essential to ensure the process is completed as quickly and smoothly as possible.


It typically takes around four weeks to finalise paperwork and property valuations necessary for a remortgage. Carefully consider the cost of remortgaging, as it could prove quite expensive.

Building

If you are planning on building your own home, a solicitor will be able to assist you with legal practicalities, such as obtaining planning permission. The UK planning system is in place to safeguard the environment. Responsibility for planning decisions rests with the local authority, who will consult with the individuals that may potentially be affected by your plans.

Tenancy Agreements

This contract between landlord and tenant should be created by a solicitor and will ensure that both parties are protected by law. The agreement consists of details such as the tenancy duration, rent payable and services included under the terms.

Disputes

If there is a dispute, such as a breach of tenancy, a property solicitor should be consulted. They will be able to provide advice regarding your legal position. Actions following property disputes must follow strict legal guidelines. Having a solicitor to carry out this process will ensure these guidelines are carefully adhered to.


There are a variety of reasons why you might need to consult property solicitors. Property related issues are legal minefields and it is easy to make a mistake, especially given the amount of complicated terminology employed. In order to protect your rights, consult legal property services, such as those found at Admission to practice law. Never leave things to chance, as this will invariably put you into a vulnerable position should you run into difficulties later on.


 

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