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Amended Post-Completion Notices
18 March 2020
1 min read

Amended Post-Completion Notices

In line with advice from the Conveyancing Association, By Lawyers have amended our precedent post-completion notices to include a section relating to Land Registry certificates. These edits will allow practitioners to obtain the necessary consents more efficiently and cost-effectively. The notices can be found in the Purchase of Land Guide. In order to access the latest version of these precedents, don’t forget to click or tap update and replace the existing precedent when the document is opened.
Conveyancing and Property
Upcoming CGT Changes
24 January 2020
1 min read

Upcoming CGT Changes

Relevant commentaries on Capital Gains Tax also include the upcoming changes to Private Residence Relief and Letting Relief. Also remember from April 2020 capital gains tax on the disposal of residential land is payable within 30 days of completion. Private residence relief is available for the years the home was owner occupied plus the last 18 months, even if not occupied by the owner. This 18 month period is reducing to 9 months from April 2020. Where part or all of the property has at some time in the period of ownership been let as residential accommodation letting relief is available. However from April 2020 letting relief will only be available where the owner is also living in the property.
Conveyancing and Property
Freehold And Leasehold Titles
20 December 2019
1 min read

Freehold And Leasehold Titles

In response to the criticism levelled at the profession for failing to adequately advise buyers of the distinction between freehold and leasehold titles to residential property, By Lawyers have produced a brief appreciation that can be sent to clients with their initial letter. You will find the precedent ‘Enclosure - A short explanation of the important distinction between freehold title and leasehold title’ on the purchase matter plan.
Conveyancing and Property
New Conveyancing Flowchart
13 December 2019
1 min read

New Conveyancing Flowchart

In order to further enhance communications between practitioners and their clients we have added to the initial letter an informative summary of the conveyancing process. This easy to follow chart is a step by step explanation of the process from the point of view of both the seller and the buyer. The matter plan provides letters for each step of the process, informing the client, the agent and other interested parties that the transaction has advanced to that stage.
Conveyancing and Property
Reservation Agreement
17 October 2019
1 min read

Reservation Agreement

A precedent Reservation Agreement has been added to the sale and purchase of land guides. The agreement is designed to bind the parties to an agreed pre-exchange time frame in which the seller will not deal with third parties, and the buyer will either exchange the offered contract or withdraw on discovery of serious adverse affectations through the usual investigations, searches and enquiries. By this means the parties are able, immediately following agreement and issue of the contract, to be confident that the transaction will proceed in the absence of unforeseen and unexpected circumstances.
Conveyancing and Property
Family - Divorce Update
13 August 2019
1 min read

Family - Divorce Update

UK By Lawyers author Robin Charrot of Evolve Family Law has just completed a comprehensive review of the Divorce publication. He notes that the Divorce, Dissolution and Separation Bill was introduced June 2019 and has passed through a second reading in parliament. Whilst the actual introduction date is as yet unclear, he forewarns there will be a need for significant changes to the Family Procedure Rules to enable the legislation. By Lawyers is keenly watching the progress of these changes and will update the publication again as and when they come into effect.
Family Law
Nuptial Agreements Update
30 July 2019
1 min read

Nuptial Agreements Update

The Nuptial agreements publication was recently reviewed by UK author Robin Charrot of Evolve Family Law with particular focus on law and practice as it currently applies to nuptial and cohabitation agreements in England and Wales. Although there is no indication that legislation is imminent regarding binding Qualifying Nuptial Agreements as envisioned by The Law Commission, By Lawyers continues to maintain a watching brief over all UK legislation to keep users informed and our publications up to date.
Family Law
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