When you are using a conveyancer for the purchase of a property you may be forgiven for thinking that you are able to leave the whole thing in his or her hands; to a certain extent you are right, but you should remember that ultimately it is your purchase and there are certain things for which you must still take responsibility. This is more important these days since it is likely your conveyancer will never actually see the property and may not be from the area.
Conveyancing Checklist For Property Purchase
January 13th, 2011 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing, Property Market 9 Comments »
Investing in Freehold Reversions
December 8th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Landlords, Property Market Comments Off on Investing in Freehold Reversions
All land in England and Wales, whether or not it is registered, has a freehold title. In addition the freehold of a particular property may be subject to a leasehold title. If this is the case then it is the leasehold title that has by far and away the greatest value since it is the owner of this title that has the right to occupy the property for the term of the lease, however the freehold does still have value.
How to Claim Ownership To Land
October 18th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Legal, Property Conveyancing Comments Off on How to Claim Ownership To Land
When the land registry registers a particular piece of freehold land for the first time it will give it one of three “classes” of title. These are absolute, qualified and possessory. Absolute is the best class to have as it is indefeasible, i.e. once it is granted the proprietor is recognised as the absolute owner and no one can challenge his ownership, even if it appears that a person may have a genuine claim to the land.
Updating Names on the Registers of Title
August 31st, 2010 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing 2 Comments »
There are a number of situations which might occur during a person’s life which may render the name or names appearing on the registers of title to that person’s property inaccurate and in need of correction. It is not a legal requirement to make the correction however it will need to be dealt with when the property is sold (or inherited) and dealing with it straight away will help to avoid delays at that stage, as well as reducing the risk of any fraud whereby a person for example assumes an identity which no longer exists in order to borrow money against the property.
Obtaining Conveyancing Searches
July 30th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Local Authority Searches, Property Conveyancing 2 Comments »
For the past few years obtaining the conveyancing searches has been the responsibility of the home information pack provider since the major ones, the local authority search and drainage & water search, were a compulsory part of it. Now that HIPs have been suspended the searches must be obtained by the purchaser (or his conveyancer).
Guide to Extending a Leaseholder’s Lease
June 5th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Landlords, Legal, Property Conveyancing 2 Comments »
In our guide to lease extensions, we look at how a leaseholder can extend their lease and what pitfalls you should look out for.
Read the rest of this entry »
Acquiring a Right Over Another’s Land
June 1st, 2010 HIP-Consultant.co.uk Posted in Land Registry, Legal, Property Conveyancing Comments Off on Acquiring a Right Over Another’s Land
A right over a piece of land for the benefit of another piece of land, such as a right of way or a right to use services running under the land is called an “easement”. The land which benefits from an easement is called the “dominant tenement” or “dominant land” and the land which is subject to the easement is the “servient tenement” or “servient land”. There are several ways in which an easement can be created and once it exists then subject to certain exceptions, it exists for all time for the benefit of the dominant land.
Land Registration and the Land Registry
May 18th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing 1 Comment »
In our latest article in a series de-mystifying property conveyancing we focus on the Land Registry system and how property and land is registered.
Owning a Property Jointly, How to Buy Together
May 10th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing 4 Comments »
A jointly owned property involves various areas of property law which should be considered and we expand on in our latest article de-mystifying property conveyancing.
The word “estate” in relation to a piece of land is used to describe the bundle of rights, covenants, charges and other interests associated with it.
What is Shared Ownership Property ?
April 28th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Landlords, Property Conveyancing Comments Off on What is Shared Ownership Property ?
In our guide to shared ownership property we look at various aspects; from some frequently used phrases to more less understood technical explanations and definitions.
Buying a Repossessed Property
April 19th, 2010 HIP-Consultant.co.uk Posted in Land Registry, Property Conveyancing, Top Tips 50 Comments »
Although the legal requirements when buying a repossessed property are basically the same as when buying any other; there are some issues that arise from the fact that the lender has no personal knowledge of the property and that the transfer will be under a power of sale.