A sale of part is when you are planning to only sell part of your property or land. There are far more considerations to take into account for a sale of part than if you are selling the whole thing. Initially, for example, the basic requirement for a sale of part is for the area being sold to be clearly defined, which will need to be done with a Land Registry compliant plan. This is not usually necessary for a transfer of whole. [Read more…]
BHW has put together a useful guide for Residential Landlords and Property Agents, explaining the process of making a possession claim to remove a tenant from a residential property they let or manage.
As part of the Land Registry’s customer care policy, the Registry has announced a new proposal to publish data which would reveal how well (and how badly) a conveyancer is performing in completing their Land Registry applications. [Read more…]
In the property news recently, it has been announced that the government will be releasing a new register highlighting where an overseas company owns property in the UK. This new register should, according to the government, be ready to go live by 2021. [Read more…]
BHW Residential are pleased to announce the launch of a new No Move No Fee Guarantee. Unfortunately, there is a risk with every conveyancing transaction that it will not proceed, often through no fault of your own.
Around 1 in 3 house purchases or sales fail to make it through to completion. It could be that another party in the chain pulls out of the deal for a multitude of reasons, such as dubious search results, a change of heart, or you might be a victim of gazumping. [Read more…]
Whilst many people know that transfers of freehold property must be registered at HM Land Registry, a quick search of commonly asked legal questions reveals far more uncertainty surrounding leasehold interests. Here we have supplied answers to some of the frequently asked questions about registration of leases. [Read more…]
We are all familiar with the threat of cybercrime. Unsurprisingly, the legal industry is a favourite target of fraudsters and criminals. Large sums of money are often transferred between clients, law firms, and banks or other lenders. Scammers prey on the trust between solicitors and their clients. [Read more…]
BHW Solicitors continues to invest in its Residential Conveyancing division with the recruitment of 4 new conveyancing specialists.
The appointments take the total staff to over 30 within its dedicated residential conveyancing division for the Leicester based law firm. [Read more…]
BHW Solicitors will be exhibiting at the Help to Buy Warwickshire Show on Saturday 21st October 2017 to help house hunters discover their home ownership options.
The Help to Buy Show is a FREE property event that brings together a whole host of housing professionals to help people unlock their buying potential and get onto the property ladder.
With new house builders, mortgage advisors and solicitors available visitors can increase their property knowledge and come away with lots of useful information. The Help to Buy Midlands team will be on hand explaining more about Help to Buy and the different home buying options.
Exhibitors include house builders with new-build properties for sale through the Help to Buy Equity Loan and Shared Ownership schemes, and financial advisors who will be providing free mortgage assessments and advice throughout the day.
BHW Solicitors will be on hand to advise on the conveyancing process and explain how we can make your moving process as smooth as possible.
The event is not just for first-time buyers, it’s also for people thinking about moving up the property ladder, or downsizing to a smaller place.
The Help to Buy Warwickshire Show will be at the Crowne Plaza Hotel, Bridgefoot, Stratford-upon-Avon, CV37 6YR on Saturday 21st October 2017, 10am to 4pm.
Entry is free. Avoid the queues by registering for your free tickets today. Online registration is now open at: http://www.helptobuymidlands.co.uk/roadshow
Further information is available on the Help to Buy Midlands website www.helptobuymidlands.co.uk or by calling Help to Buy Midlands on 03458 502050 and selecting option 2.
You are selling your property and your solicitor advises you that an indemnity insurance policy is required. So, what are indemnity insurance policies? What do they cost? What do they cover? And, whose responsibility is it to put a policy in place?
What are indemnity insurance policies?
Indemnity insurance policies are commonly used in property transactions to provide protection in situations where the legal position is either unclear or not fully acceptable to a purchaser or mortgage lender.
Indemnity policies can be a quick way of resolving legal issues to everyone’s satisfaction, so are frequently used to speed up the conveyancing process. Depending on the defect, insurance quotes are usually given within a day or so and the policies can be taken out quickly.
The policy, depending on the wording, may cover future owners of the property and their mortgage lenders, although the precise wording of the policy should be checked.