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Author Archives: Mahinan Pathmanathan
Trustee – Legal Title Held by a Single Individual on Behalf of Himself and Others
It is also possible that a single person holds a legal estate on trust for himself and another/others. When the beneficiary of the trust is in occupation of the property, his interest in the registered property shall bind the buyer … Continue reading
Shared ownership: Sale of Property by a Sole Surviving Co-Owner
When buying a land that was co-owned by several people and when all but one survivor is left, the buyer will have to ascertain if the survivor has the power to sell the property or would he need to appoint a … Continue reading
Shared ownership: Land Registry Practice and Severance of Joint Tenancy
There are several legal procedures to be followed when a property is held under co-ownership. More details can be found here: Co-ownership of Property: Joint Tenancy and Tenancy in Common Land Registry Practice When co-owners decide to own property as tenants … Continue reading
Co-ownership of Property: Joint Tenancy and Tenancy in Common
There are several legal procedures to be followed when a property is held under co-ownership. The following paragraphs explain how conveyancing is affected when there are two or more owners in the property. When two or more people have interests … Continue reading
Trust of land and legal interests – Conveyancing
This article gives an explanation about property that is held under trusts. Knowledge of this helps a person when buying a property held under trust of land. Except for a few circumstances, land under a trust is known as a … Continue reading
Staircasing- a convenient way to own a home!
It is not always easy to buy a home. When people don’t have enough funds for buying a new home, they can opt for shared ownership. This method is becoming more common these days because of its transparency and ease … Continue reading
UK Property market is driven by downsizing concerns
Latest figures from the property market show that more and more people are looking to downsize their property every year. According to the Lloyds TSB research report, about half of the potential home buyers are looking forward to downsizing their … Continue reading
How does adverse possession affect your property?
When a person occupies a land for a fixed period of time, he gets a chance to own the property without paying any compensation. This process of acquiring the land without being the registered owner is called as ‘Adverse Possession’ … Continue reading
Gazumping and Gazundering: what conveyancers can do about it?
Most people might not be familiar with the terms gazumping and gazundering, but they are considered to be very important when it comes to selling and buying house. Your conveyancing solicitor will be well aware of these terms. Learn about … Continue reading
Covenants: Types, Enforcing and their Relation to Conveyancing
This article explain covenants – its types, the manner in which they can be enforced with respect to their burden and benefits, etc. Promises made within a deed are called covenants. When a person sells a part of his land, … Continue reading
The Role of Easements in Residential Property Conveyancing
This article deals with the types of easements, the manner in which they are prescribed, and the manner in which they are extinguished. It also explains the role of easements in conveyancing. Easements are referred to rights granted to one … Continue reading
Legal Formalities (Contracts) for Sale of Land – Conveyancing
This article explains about the importance of a written contract and situations where an unwritten contract is acceptable. It also briefly explains about deeds. Contracts for the Sale of Land: A contract for sale or creation of interest in land … Continue reading
Legal Estates, Legal Interests and Equitable Interests – Conveyancing
What is the difference between a legal estate, legal interest and an equitable interest? Read further to know more: Legal Estate Since 1925, it is possible to hold titles in only two forms- an estate in fee simple absolute in … Continue reading
The Conveyancing Quality Scheme and the Law Society Conveyancing Protocol
The Conveyancing Quality Scheme has been a huge step forward in ensuring that residential transactions are regulated, so as to protect the interest of all parties concerned. The Law Society in 1990 issued the first edition of a National Protocol … Continue reading
All you need to know about the SRA and CLC
The legal procedures associated with the buying and selling of a property is called conveyancing. Often, the legalities associated with conveyancing may seem to be confusing for a layman. This is the main reason why people search for good conveyancing … Continue reading
Stages involved in a simple conveyancing transaction
Even before a contract is signed, there are several procedures to be undertaken. Following are the simple steps undertaken before a property is sold or purchased: Marketing the Property: It goes without saying that every conveyancing transaction begins with the … Continue reading
Linked property transactions – Conveyancing
What happens when a person decides to sell his present house and immediately move in to another? Read further to know more: It is very common in residential conveyancing transactions that the client is selling one property and buying another. … Continue reading
How does a typical conveyancing transaction work?
Unlike the situation that prevailed a few years ago, conveyancing for residential transactions is now detailed and strictly regulated. These steps or Protocols have been laid down under the Conveyancing Quality Scheme. And it is advisable that conveyancers follow them … Continue reading
Conveyancing – 5 Important points that you shouldn’t miss
Purchasing a new home is a big venture – both economically and emotionally. So it is crucial to ensure that you are always making the right choices – from finding the right property to completing the transfer of ownership. Understanding … Continue reading
Govt amendment to Estate Agents Act has pros and cons for consumer
The Government’s proposed amendments to the Estate Agents Act, that will do away with restrictions on websites used by sellers to market their homes to the public, has created quite a stir among estate agents. The Department for Business, Innovations … Continue reading
When is the best time to sell your house?
Are you looking to sell your house? It is important to find the most appropriate time to get maximum sale price. When you are selling your house you have to consider many options to get the maximum revenue. People sell … Continue reading
How does shared ownerships work?
Buying home is the dream of any person. If you don’t have enough funds to purchase a new home on your own, you can consider shared ownership. Under shared ownership, you pay only the money that you have and get … Continue reading
SRA to improve its law to avoid frauds in conveyancing
The Solicitors Regulation Authority (SRA) regulator, after re-examining the draft of supervision and Enforcement Strategy for Conveyancing said that the first draft published in Q2 2011 will be updated soon. According to SRA, the main focus of the revised draft … Continue reading
NewBuy scheme scores 1,300 reservations in just six months
NewBuy has given the property market a boost with a scheme that offers buyers the opportunity to buy a new home with a minimum deposit of 5%. Within six months of its launch, the scheme has already hit 1300 reservations. … Continue reading
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