Residential property

Residential property guidance:

The Standard Conditions of Sale (SCS) are a set of conditions usually incorporated into contracts for sale for residential property. The Standard Commercial...

Practice Note

A simpler way to rent property in Wales The Renting Homes (Wales) Act 2016 (RH(W)A 2016), received Royal Assent on 18th January 2016. The majority of RH(W)A 2016 is not...

Practice Note

Coronavirus (COVID-19): Note that from 26 March 2020 until 30 September 2020 under section 81 and Schedule 29 of the Coronavirus Act 2020: • notices to quit proceedings...

Practice Note

Solicitors Regulation Authority Code of Conduct 2011 In residential conveyancing the buyer's conveyancer often will also be instructed by the lender to act for the lender...

Practice Note

What additional searches should be undertaken? More specific searches and enquiries may be required depending on the property location, its surrounding area and the...

Practice Note

DATE [insert date] Parties 1 [insert name of Seller] [of OR incorporated in England and Wales (with company registration number [insert number]) whose registered office...

Precedents

Introduction to the Agricultural Credits Act 1928 The Agricultural Credits Act 1928 (ACA 1928) created a bespoke form of security that allows a farmer to grant a single...

Practice Note

Reasons for amending security documents and key risks Reasons for amending a security document There are situations where parties may consider amending security...

Practice Note

Sale by a mortgagee destroys the equity of redemption in the mortgaged property. The sale defeats the rights of all subsequent incumbrancers, whose remedy then is only...

Practice Note

Date[insert date of appointment] Parties 1 [insert name of Lender] of [insert address][incorporated in England and Wales with company registration number [insert company...

Precedents

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Whenever a property is sold, outgoings and any...

Practice Note

Assignment Assignment is the transfer of the interest in the tenancy to another person. Assignment of a secure periodic tenancy is prohibited except in three situations:...

Practice Note

This Assignment is made [insert date] Parties 1 [insert name of seller] [of [insert address] OR (company registration no [insert number]) whose registered office is at...

Precedents

This Assignment is made on [insert date] Parties 1 [name of tenant who served notice of claim] of [insert address] (the Seller), and 2 [name of buyer] of [insert address]...

Precedents

Assignments by way of security can take different forms and it is important to understand how they are created and their effect. Security over choses in action such as...

Practice Note

While this Practice Note primarily covers commercial property matters, it also touches on residential considerations. Registered leases It is compulsory to...

Practice Note

This Note considers registration at HM Land Registry following the assignment of a lease. While this Practice Note primarily covers commercial property matters, it also...

Practice Note

This Practice Note explains the criteria for assured tenancies (AT) and assured shorthold tenancies (AST) and the exceptions to those criteria, the main terms of AT and...

Practice Note

STOP PRESS: Note that amendments to CPR PD 22 regarding statements of truth will come into force on 6 April 2020. The changes address the issue of cases where a witness...

Practice Note

Agreement creating an Assured Shorthold Tenancy (England only) Important: This is a legally binding document. Please read it carefully to ensure that it contains...

Precedents

Agreement creating an Assured Shorthold Tenancy (Wales only) Important: This is a legally binding document. Please read it carefully to ensure that it contains everything...

Precedents

Lenders' risk exposure Lenders are increasingly concerned with environmental risk in their day to day secured lending businesses. All major UK banks now have to make, to...

Practice Note

When a bankruptcy order is made, a bankrupt’s property normally automatically vests in the Official Receiver/trustee in bankruptcy. However, property owned by the...

Practice Note

Equity of exoneration Where the property of a spouse is charged in order to raise money for the payment of the first spouse’s debts or otherwise for his or her benefit,...

Practice Note

When an individual is adjudicated bankrupt, his property (with the exception of an interest in various short-term residential tenancies in certain circumstances) vests in...

Practice Note

The Bribery Act 2010 (BA 2010) came into force on 1 July 2011. BA 2010 repealed and replaced the common law offence of bribery and various statutory offences prohibiting...

Practice Note
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