Your rights as a Tenant
Tenant Rights. As a tenant, one of the most important steps to protecting your tenure is to take advice before you sign any agreement, any Landlord and tenant s..link
The seller must arrange for the contract to be drawn up, normally via a property solicitor, The Draft Contract will contain information gathered from the seller and other sources and will include details of the agreed price, the boundaries, any fixtures and fittings, planning restrictions, Energy Performance Certificate and so on. The contract will also state a completion date which is normally agreed in advance by the seller and buyer.
Whilst most people hate the paperwork side of things it is important to go through the contract with your conveyancing solicitor if possible but we would recommend thorough consideration as this may help you negotiate the terms of the transaction and ensure you do not receive any surprises at a later date. Around this time your conveyancer will also conduct a number of searches and checks on the property.
When you and the other party are satisfied that the terms of sale are correct you will both be asked to sign and exchange contract. The sale is now binding, If you are a buyer you will normally pay the solicitor a deposit which will be agreed between all parties, the buyer is now also responsible for the buildings insurance on the property.
What is a Flying Freehold and should it matter?..
linkTenant Rights. As a tenant, one of the most important steps to protecting your tenure is to take advice before you sign any agreement, any Landlord and tenant s..link
What is a Flying Freehold and should it matter?..link
Help to buy ISAs - The new, 'Help to buy', ISA is designed to help first time buyers save for a deposit for their first home, with the inducement of an extra 25..link
The government announces a New Homes Ombudsman to protect consume..
linkThe legal rights of unmarried couples, regarding property. - In the event of the breakup of a relationship where the couple are not married what happens to the..link
Energy Performance Certificates. Domestic and Commercial properties that are available to buy or rent must have an Energy Performance Certificate (EPC). What a..link
Fixed Rates and Discounted Rates on a Mortgage - One of the decisions you will make concerning your property, is what type of Mortgage you should choose, short..link
Minimum rental terms of three years could be introduced under new..
linkThe Government push to improve conveyancing...link
As part of selling a house or flat in England and Wales you must make sure anyone buying is aware of problems with the property...link
Restrictive covenants - If you happen across a restrictive covenant in a contract, what is it and why is it in place?..link
Solicitors.com are not a firm of solicitors, and any content on the site should not be used in substitute for obtaining Legal advice from a solicitor regulated in the UK, Solicitors.com recommends that you contact a firm of solicitors to discuss your individual legal requirement. Whilst we strive to bring you accurate up to date content, all content on this site is not legal advice and is not guaranteed to be correct. Use of this site does not create a client relationship.