Whether you are buying your first home, your next home or an investment property, we at mlplaw are the best conveyancing solicitors team that can assist and guide you through every stage of the property purchase process.

Read more on:

• Stamp Duty Fees
• The Cost of Buying a House

Transfer of equity refers to the legal process of removing or adding someone to the title deeds (ownership) of the property.

Whatever your reason for wanting to transfer ownership of your property, we’re here to help. The process of transferring ownership on a property is often complex, and it is imperative that key legal documents are executed correctly. As experienced property solicitors, we can help you understand all options and ensure the right forms and documents are completed accurately and lodged with the correct authorities.

If you need a qualified advise of transfer or equity, please do not hesitate to contact us.

A property auction is a sale in which buyers complete for a property by placing bids, it is currently growing in popularity and we are here to help throughout every stage of the process:

• If you are selling property at an auction house then we can prepare the Auction Pack ahead of the auction date and then assist you with legal completion following a successful sale.
• If you are looking to purchase a property via an Auction House then we can provide you with advice on the contents of the pack and effect legal completion following a successful bid. We can advise on both: buying a property at auction with a mortgage or cash.

If you are 55 or older then this is a way of releasing equity (cash) from your home without having to move. You can take the money you release as a lump sum or, in several smaller amounts or as a combination of both.

If you need advise on how does equity release work, please do not hesitate to contact us.

What is Right to Buy

Most people want to own their own home and purchasing your council house or flat under the right to buy scheme may be the perfect solution and we can assist you with this process.

What is Right to Manage

Right to Manage (RTM) gives leaseholders the ability to take over the management of their block by setting up an RTM company.

If you would like advice in respect of this then please contact us so that we may advise whether this route is available to you.

When a property has never been registered with the HM Land Registry, there will be a bundle of original deeds still in existence. These deeds will either be held by the mortgage company or the property owner.

The process of first registration involves submitting an application to the Land Registry. Once approved, the relevant details are held in the Land Registry’s database, the details of which can be reviewed online, and thus negating the requirement for the original deeds bundle.

Our team of expert conveyancing solicitors can assist with the First Registration of property process, please do not hesitate to contact us if you need any help.

Read more on:

• What is ‘unregistered property’?

Our team of experienced property solicitors offers expert guidance throughout the property selling process.

• We prepare all necessary documents required for selling property, ensuring a smooth transaction.
• Our advise is tailored to you – receive personalised advice on selling your house or investment property, tailored to your specific needs.
• Get assistance in completing relevant paperwork before listing your property, ensuring readiness for the legal process upon finding a buyer.
• Even if you’re not yet ready to sell, feel free to obtain a quote to kickstart the process when you are.

Don’t hesitate to contact us for any queries or concerns regarding selling your property.

Private Mortgages and Loans

We are able to act for you in relation to a private loan to be secured against your or another party’s property.

One scenario where this might be applicable is where a parent is able to loan their adult child the funds to purchase a property as an alternative to a traditional mortgage. Another might be where a Director of a company wants to secure a loan provided by them to their limited company for a property purchase.

We can assist with simple charges to secure a financial interest or with more complex loan agreements in partnership with our Commercial team.

What is a re-mortgage

A re-mortgage occurs when you pay off one mortgage with proceeds from another replacement mortgage.

There are many reasons why you would want to switch mortgages. However, the most common ones are to obtain a more favourable interest rate from a different lender, to extend the term of your mortgage with a different lender or to release some of the equity in your property.

If you are simply switching from one type of mortgage to another but remaining with the same lender then this is not a re-mortgage and it can usually be dealt with by the lender themselves without a solicitor being involved.

A Declaration of Trust is a legal document which records the financial arrangement between co-owners of a property.

We can help with setting out the financial arrangements at the outset that will provide clarity and reduce any disagreements in the future.

The lease extension process can be challenging without the appropriate legal advice. We as experienced lease extension solicitors team, can assist where a voluntary agreement has been reached between yourself and the Landlord.

If your Lease has 80 or less years to run then we would recommend you act now.

A Deed of Variation is a formal amendment to an existing Lease. A Deed of Variation will be required should you wish to extend a Lease or amend any of the clauses therein.

We can liaise with the Landlord and / or their representatives in order to find a solution agreeable to all.

Buying a piece of land can be a major investment so it is important to understand exactly what you are buying and its potential for future uses.

We can assist with the following:

• Buying a plot of land next to your home
• Buying a plot of land to build a house on
• Buying a plot of land to keep livestock or horses

You will need to understand if any rights (such as sporting rights) are specifically excluded from the land sale or, within the title deeds, which could affect your future use and enjoyment of it.

The purchase of any land shouldn’t be rushed, so make sure you take the right professional and legal advice to ensure you get it right.