Is “profit” a dirty word in law?

26/10/2012

A very interesting article was published online  this week in the Law Society Gazette. It centered around the investment made by James Caan in Midlands firm Knights. Caan explained how he “encountered a profession dogged by the partner structure, failing to build a lasting relationship with clients and with too little focus on making money”. READ MORE

Boundary problems and Land Registry plans

22/10/2012

When buying property, ownership of the vast majority of property and land is conclusively determined, under the Registered Land system, by the Land Registry, which is a Government body. If the Land Registry title is incorrect, a buyer has the assurance that the Government is liable. However, it is important to be aware that whilst READ MORE

Caveat emptor, misrepresentation and ensuing conveyancing frustration !

22/10/2012

Following on from my blog post last week about conveyancing, one particular area causing inherent delay and frustration for buyers or sellers is pre-contract enquiries. From a seller perspective, having instructed their solicitor, the sellers will be asked to complete a number of pro forma forms with lots of questions about the property and it’s READ MORE

Conveyancing costs – a transparent guide

19/10/2012

With conveyancing there are often inherent anxieties, misunderstandings and frustrations for clients, who understandably see the process as getting from “a to z” as quickly as possible. Whilst I do not expect clients to fully understand or appreciate what is involved in the legal aspects of buying or selling a property, it can be frustrating READ MORE

Changing conveyancing forms, will it lead to faster and better conveyancing ?

19/09/2012

The Law Society is in the process of gathering input from solicitors in addition to the wider sector of residential conveyancing in order to try and discuss ways to improve the processes of property buying and selling, but will the changes work or just add longer forms and more frustration to the process ? Proposed READ MORE

Neighbour disputes – some commonly asked questions

11/09/2012

What can be done about noisy neighbours ? The first step that should be taken is to personally discuss the problem with your neighbours. If it is not possible to speak face-to-face with your neighbour because you feel uncomfortable, or for any other reason, you should send them a letter outlining the causes of the READ MORE

Tips to minimise the chances of your business being sued

03/09/2012

Pick the correct legal structure for your business Choose the form of a business structure that gives the best protection against financial and personal liabilities. Sole trader and partnerships have few start-up requirements but leaves the owners vulnerable to the most serious legal risks. Put everything in writing Aim to write up every transaction that READ MORE

Extending a flat lease – process and legal requirements

01/09/2012

Extending the Lease of a Residential Flat – The Initial Steps If you hold a long lease of a flat, you may be entitled to obtain an extended lease on payment of a premium. If the lease extension is successfully obtained, you have the legal right to be granted a new lease with a term READ MORE

Landlord & Tenant Act 1987 – questions answered

19/07/2012

The Right of First Refusal – The Landlord and Tenant Act 1987 – What’s in it for you ? If a landlord is proposing to sell its interest in a building which contains flats to which the right of first refusal applies, the landlord is required by law to first offer its interest to the READ MORE

Deed of postponement between creditors

12/07/2012

A Deed of Postponement is an agreement between two lenders to agree to change or regulate the distribution of profits of enforcement of security granted by the debtor in their favour. Normally the Deed will provide that those proceeds which are used first to pay off the debt owed to the senior creditor and then READ MORE