Nature of mortgages and chargesMortgages and charges are distinct forms of security. A mortgage can be legal or equitable and involves the transfer of...
What is a headline rent?In a falling market, landlords frequently offer tenants financial inducements to take a lease in order to maintain the level...
Coronavirus (COVID-19): The requirements to obtain an EPC before a property is sold or let can be difficult to satisfy when social distancing measures...
A good marketable title is shown where a seller is able to deduce a good title to the property he has contracted to sell. The seller is not required...
Brexit: The UK left the EU on 31 January 2020. This has implications for the schemes providing for agricultural subsidies in England and Wales, which...
A legal charge provides notice to the world of a security enforceable against the equity in the property against which it is secured (or, where there...
Application of proceeds for saleSection 105 of the Law of Property Act 1925 (LPA 1925) provides thus:‘Application of proceeds of saleThe money which...
For the purposes of this Q&A, we have assumed that the bankrupt was the sole legal owner of the property. Where an individual is declared bankrupt and...
We have assumed that the estate road is not a public highway, and adoption of the road by the Highways Authority is not considered.Initial entitlement...
Failure to complete contract for the sale of landTime is generally not of the essence for completion of a contract for the sale of land. If the seller...
Bankruptcy and transactions at undervalueSection 339 of the Insolvency Act 1986 (IA 1986) provides that the trustee of a bankrupt’s estate may apply...
It is assumed that an issue has arisen in respect of a commercial building, or at any rate that no more than 50% of the building comprises residential...
Where a liquidator has disclaimed a lease under section 178 of the Insolvency Act 1986 (IA 1986), the rights of a mortgagee of the disclaimed interest...
The dissolution of a limited company results in its property (which includes leasehold interests) vesting in the Crown as bona vacantia. Bona vacantia...