Property Fact Sheet LPL 2019

Transcript

1 Property Fact Sheet Our work will involve : Reviewing title information, searches (if any) Purchases and replies to 1 eller’s s olicitor and raising any enquiries supplied by the s further relevant enquiries; Carrying out any searches required ; 2 3 Reporting to you on the main aspects of the transaction including any issues arising out of the title for the Property, any search results and any relevant information supplied by eller’s s oli citor the s Proceeding to exchange of contracts; 4 5 Completing the purchase of the Property; 6 Acting for your Lender in relation to the purchase including providing a certificate of title and registering the Bank’s legal charge . We would always recommend that you ensure you have a valid mortgage offer before committing to the purchase ; 7 Registering your purchase and any legal charge at the Land Registry and filing an SDLT (“Stamp Duty Land Tax”) Return ; and with HMRC 8 Dealing with the post completion requiremen ts of your Lender including sending any appropriate documents to the Lender. - Dealing with post exchange matters (unless instructed we Auction Purchases (Post 1. Exchange) will not be reviewing the auction pack and our checks will be limited to those required to ensure that your purchase can be registered). 2. Preparing an SDLT Return for your approval and submitting the approved return to HMRC on your behalf. 3. Carrying out re gistration at the Land Registry . Sales 1 Reviewing title information and prepar ing a draft contract ; 2 Providing title information, the contract and replies to the purchaser’s enquiries;

2 Proceeding to exchange of contracts; 3 Completing the sale of the Property; 4 Redeeming any legal charge secured against the Property . 5 1. Auction Preparing an auction pack including title information, Special Sales Conditions, a full set of relevant searches and replies to enquiries; 2. Unless otherwise instructed our Special Conditions will include the recovery of search costs and the legal fees for the but no other service of a Notice to Complete reimbursements or special terms; Dealing with enquiries from the auctioneers or prospective 3. purchasers; Completing the sale of the Property; 4. Redeeming any legal charge. 5. Leases (acting for Obtaining title information, searches and enquiries and 1 . Landlords) forwarding them to the tenant’s solicitor. 2. the agreement for lease, draft lease, Drafting and negotiating rent deposit deed, licence for alterations. 3 . Proceeding to completion. Mortgages and 1 Obtaining title information, searches or (if appropriate) Remortgages and raising any further relevant indemnity insurance with you or other appropriate third parties ; enquiries 2 r Lender on the main aspects of the Reporting to you transaction includi ng any issues arising out of the title for the or our other investigations; Property 3 Providing your Lender with a Certificate of Title; 4 Obtaining a Redemption Statement and then redeeming any existing mortgage on the Property; 5 Acting for your Lender in relation to redeeming any previous Legal Charges on the title and registering the Lender’s Legal Charge; and Dealing with the post completion requirements of your Lender including sending any appropriate documents to the Lender. Transfer of equity 1 Reviewing title information ; 2 Carrying out any searches specifically requested. We will not ordinarily undertake searches (other than a Land Registry

3 priority search) for a transfer of equity. Details of available searches can be provided if you request these ; reporting to you on any aspects of the 3 We will not be transaction including any issues arising out of the title for the unless you instruct us otherwise; Property Completing the transfer of the Property; 4 Registering your transfer 5 the Land Registry . at : Our scope of work is based on the following assumptions (a) Purchases The Property is held under a single registered freehold / leasehold title with no title defects; (b) The Property is currently vacant; OR The Property is subject to residential / commercial tenancies; (c) We will not be undertaking any searches on your behalf unless you specifically instruct us to. We will if requested implement suitable indemnity insurance for any diminution arch in value to the Property caused by the lack of a local se or water and drainage search. We will not be providing tax advice (d) (including advice in relation to VAT and capital gains tax) or advice on capital purchase allowances in connection with the of the Property ; (e) We will not be dealing with any construct ion or warranty documents in connection with the Property nor will we be advising on any environmental matters affecting the Property ; (f) We will not advise on the specific terms of any mortgage or facility agreement offer other than providing general advice about entering into a legal charge . If you require any further advice we are happy to provide this under a separate retainer; Where the Property is to be held by more than one person or (g) entity, we will not advise on the most appropriate method for join t ownership. If you require, we can give you information on a non - advisory basis on the types of joint ownership. Mortgages and

4 (a) The Property is held under a single registered Remortgages title with no title defects; freehold/leasehold The Property is OR (b) currently vacant; o residential / commercial tenancies; The Property is subject t (c) We will not be undertaking any searches on your behalf unless you specifically instruct us to. We will if requested implement suitable indemnity insurance for any dimin ution in value to the Property caused by the lack of a local search or water and drainage search. We will not be providing tax advice (d) (including advice in relation to VAT and capital gains tax) or advice on capital purch allowances in connection with the of the Property ; ase (e) We will not be dealing with any construction or warranty documents in connection with the Property nor will we be advising on any environmental matters affecting the ; Property We will not advise on the specific terms of any mortgage (f) offer or facility agreement other than providing general advice about entering into a legal charge . If you require any further advice we are happy to provide this under a separate retainer; Sales (a) The Property is held under a single registered freehold / leasehold title with no title defects; (b) The Property will be vacant on completion. OR Following completion the Property will remain subject to Residential / Commercial tenancies; (c) We will not be providing tax advice or advice on capital allowances in ; and connection with the sale of the Property (d) We will not be dealing with any construction or warranty documents in connection with the Property nor will we be advising on any environmental matters affecting the Property.

5 Paying for Searches /Sending Monies Client account details: Please contact us directly for these details. payable to “LPL Cheques should be made ”. Please allow 3 working days for cheques to clear. To limit the risk of cybercrime our firm will not send out monies to accounts provid ed to us by email. Account details will need to be provided by letter posted to us and we will check these details seperately with you by phone. Before sending monies to us please call our switchboard to verify the orrespondence. account details provided by us in any c Timescales The progression of any matter is often dependent upon the speed at which the other parties involved are able to proceed. However, most matters are completed within a time frame of three weeks to two months. We will endeavour to complete your matter as soon as possible and if you have any specific instructions relating to the timing of completion, please let us know at your earliest convenience. Keeping You Informed of key developments as they occur, but if you would like an update We will inform to you in writing in the meantime, please do not hesitate to contact us. We endeavour to return your telephone calls within twenty four hours and reply to your correspondence within five working days. - ial Property Matters CQS Accreditation – Resident

6 We are accredited by the Conveyancing Quality Scheme (CQS). The CQS provides a recognized quality standard for residential conveyancing practices. Membership achievement establishes a er firms with stakeholders (regulators, lenders, insurers and level of credibility for memb consumers). This is based upon the integrity of the senior responsible officer and other key conveyancing staff, the firm's adherence to good practice management standards and adherence to prude nt and efficient conveyancing procedures through the scheme protocol. – LPL a division of Read Roper and Read Property Team Members Name & Position Details Assisted by: Experience Residential Property Andrew Kay Linda Wilson [email protected] Commercial Property Phone 0161 832 6905 Secretary Property Litigation Senior Partner & Solicitor Private client work Probate Power of Attorney Andrew Fairlie [email protected] Commercial Litigation Julie Monks Property Litigation Senior Partner & Secretary Phone 0161 832 6905 Residential Property Commercial Property Solicitor Family Company matters Insolvency Khalid Residential Property Laila Abbas Email: [email protected] Fiaz quity Transfer of E Re Phone: 0161 464 4251 Head of Operations Trainee mortgage - and Licensed Grant of Lease Conveyancer Fax: 0333 344 5370 Conveyancer Lease Variations Bridging New Build George Bokuchava Email: Residential Property Alice [email protected] Freehold Francisco Solicitor & Team Leasehold Trainee mortgage - Manager Phone: 0161 464 4253 Re Conveyancer Grant of Lease Fax: 0333 344 5370

7 Amy Sutton Residential Property Danielle Email: [email protected] Gallagher Freehold Leasehold Phone: 0161 464 4254 Conveyancing Executive & Team Legal Re - mortgage Fax: 0333 344 5370 Assistant Manager Residential Property Michael Collins Email: [email protected] Transfer of Equity Solicitor & Team Phone: 0161 464 4264 Re mortgage - Grant of Lease Manager Lease Variations Fax: 0333 344 5370 Bridging New Build - Louise Stephens Email: lstephens - [email protected] Pantoja National Sales Phone: 0161 464 4267 Manager & Head of New Business Fax: 0333 344 5370 Ashley Saltibus Email: [email protected] Residential Property Freehold Phone: 0161 464 4269 Conveyancing Leasehold Houses Leasehold Flat (sale) Executive Re - mortgage Fax: 0333 344 5370 Luke Warrior Residential Property Michael Email: [email protected] Freehold Iweorah Leasehold Houses Conveyancing Phone: 0161 464 4256 Executive Trainee Leasehold Flat (sale) Conveyancer Re - mortgage Fax: 0333 344 5370 Residential Property Nathan Email: Mahbuba Chowdhury Dickinson [email protected] Freehold Leasehold Conveyancing Trainee mortgage Executive Phone: 0161 464 6020 Re - Conveyancer Fax: 0333 344 5370 Residential Property Email: [email protected] Ghazala Parveen Freehold Phone: 0161 464 4258 Conveyancing Leasehol d Houses Executive/Trainee Leasehold Flat (sale) Solicitor Fax: 0333 344 5370 Re - mortgage

8 Iler Watson Email: [email protected] Residential Property Freehold Leasehold Houses Conveyancing Phone: 0161 464 4270 Executive Leasehold Flat (sale) - mortgage Fax: 0333 344 5370 Re Property Email: Residential Charley Hutchinson Freehold [email protected] Conveyancing Leasehold Houses Phone: 0161 464 6019 Leasehold Flat (sale) Executive Re - mortgage Fax: 0333 344 5370 Simona Ralyte Residential Property Email: [email protected] Freehold Conveyancing Extension: 0161 464 4257 Leasehold Houses Executive Leasehold Flat (sale) Fax: 0333 344 5370 Re - mortgage Charlotte Vining Residential Property Email: [email protected] Freehold Phone: 0161 464 4260 Conveyancing Leasehold Houses Leasehold Flat (sale) Executive Fax: 0333 344 537 - mortgage Re 0 Alice Francisco Email: [email protected] Phone: 0161 464 4252 Trainee Conveyancer Fax: 0333 344 5370 Nathan Dickinson Email: [email protected] Phone: 0161 464 6021 Trainee Conveyancer Fax: 0333 344 5370 Email: Susan Burrell Residential Property [email protected] Transfer of Equity Phone: 0161 464 4261 mortgage Conveyancing Re - Executive Fax: 0333 344 5370 Michael Iweorah Email: [email protected] Trainee Conveyancer Phone: 0161 464 6023

9 Fax: 0333 344 5370 [email protected] Email: Danielle Gallagher Phone: 0161464 6018 Legal Assistant Fax: 0333 344 5370 Sophie Darlington Email: [email protected] Phone: 0161 464 42559 New Business Team Leader 344 5370 Fax: 0333 Email: [email protected] Mavis Odudu Fax: 0333 344 5370 Post Completion Solicitor Jason Smith Matthew Email: [email protected] Poulter Post Completion Phone: 0161 464 4263 Team Leader Post Fax: 0333 344 5370 Completion Assistant Bence Zorenyi Email: [email protected] Fax: 0333 344 5370 Accounts Assistant Sandra Foote Email: [email protected] Phone: 0161 832 6905 Head of Accounts Fax: 0333 344 5370 Steve Flynn Email: [email protected] Phone: 0161 464 4268 Accounts Assistant Fax: 0333 344 5370 Alessandro Kerrigan [email protected] Email: Phone: 0161 464 4265 Accounts Assistant Fax: 0333 344 5370 Connor Kelly Email: [email protected]

10 New Business Phone: 0161 464 6016 Executive Fax:0333 344 5370 Olivia Jones Email: [email protected] Phone: 0161 464 4255 New Business Executive Fax:0333 344 5370 Jonathan Weeks [email protected] Email: Phone: 0161 464 4262 New Business Executive Fax:0333 344 5370 Future Instructions and Costs Should you choose to instruct us again in the future, we will be able to proceed without on each matter confirming in writing to you all our processes, policies, client care information, indemnity insurance details, invoicing and other general information as contained in this Property Factsheet and our Terms of Business, on the condition that you instruct us to proceed on this basis. However, on each new instruction we will still confirm the details of the work we will carry out on your behalf, our fees, an d any specific instructions from you . If you do not wish to proceed on the basis set out above you should notify prior to instructing us on any new instruction . Our latest Terms of Business and Anti Money Laundering Policy are available on our website - http://www.lpropertylawyers.co.uk in Legal and Regulatory Information.

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