Get in Touch
Conveyancing can be a long and stressful process, but the work of conveyancers helps to reduce this significantly by taking on many of the more complex tasks. Selling a house can be daunting, and many legal considerations need to be taken into account to ensure a smooth and successful sale, such as providing an Energy Performance Certificate and completing Property Information Forms. It is also important to consider issues such as property boundaries, Capital Gains Tax, and the conveyancing process itself. Understanding what each of these issues includes can help you understand the work of your conveyancer. This article will explore eight important issues that have to be considered when selling your home in England and Wales, many of them are legal considerations that your solicitor will take care of for you. During Conveyancing Week, we are encouraging people to look behind the scenes to understand the work being carried out by us in helping sales and purchases to go as smoothly as possible. National Conveyancing Week 1 – Conveyancing The conveyancing process involves transferring legal ownership of the property from the seller to the buyer. It is essential to work with a qualified solicitor or conveyancer who can handle
Read more…
There is a lot to learn and remember when looking to buy a house. Our new article can help you understand eight important points in the process. Buying a house is one of the most significant investments that most people make in their lifetime. Whether you are a first-time buyer or an experienced property investor, the process of buying a house can be daunting and complex. In addition to finding the perfect home, there are numerous legal considerations that you need to keep in mind when purchasing a property, but that is where your solicitor comes in. As experts in conveyancing, we know the property market inside out and the processes involved in buying your dream property. If you are buying a house in England and Wales, there are several important legal aspects that must happen to ensure a smooth and successful transaction. In this article, we will outline eight crucial legal issues that we will assist you with to help you navigate the process with confidence. 1 – Conveyancing Conveyancing is the name of the legal process of transferring the ownership of a property. You should engage with a solicitor to handle the legal aspects of the transaction, as
Read more…
Kriti Sherchan from our commercial property team gives the lowdown on easements by prescription, rights by practice and the potential problems that can arise. It is often the case that, where it is necessary, an easement is expressly granted, by deed, over neighbouring or third party land to facilitate services, utilities or rights of way. The idea being that the easements expressly granted will facilitate some activity on the benefitting land. By contrast, an easement by prescription is where you acquire a legal right over another person’s land through long use, by operation of law (and therefore without the easement being expressly granted by deed). This is different from express “legal easements” which are already noted on your title deeds confirming you have a specific right over another person’s land e.g. right of access to maintain hedges, access services etc. It is not uncommon, especially in rural communities for individuals to exercise rights in practice which are not formally recorded in either their or the neighbouring landowners’ title deeds. In most cases, landowners may not be aware that the right in question is not formally recorded as they may have been doing so for a long period of time without
Read more…
To mark International Women’s Day on the 8th March 2023 we are sharing a feature on TSP’s Head of Corporate and Commercial, Mary Anne Fedeyko in March’s edition of Absolutely Essex. The publication features leading women from around Essex, with insights into how they started their careers and what’s in store for the coming year. I originally trained and qualified as a lawyer in Canada, then moved to the UK to work for Freshfields, a large international firm. When my husband and I decided to start a family I thought it would be best to work closer to home. I interviewed with several different law firms in the area, but found Thompson Smith and Puxon fully behind work life balance and fully supportive of working part-time as a new mother (even all those years ago!); it also had a superb client base and a very bright, affable group of partners – to me it seemed the perfect combination.
The continued focus on economic crime and transparency The Economic Crime and Corporate Transparency Bill (the “Bill“) follows in the footsteps of the recent Economic Crime (Transparency and Enforcement) Act 2022 which brought into force the “Register of Overseas Entities”, requiring foreign entities (companies and other entities) to register the details of their beneficial owners with Companies House before the 31 January 2023. The Bill, which is now in the House of Lords at the second reading, is set to introduce further regulations to increase the transparency and reliability of data submitted to Companies House. One significant reform of the Bill will be the new identity verification requirements. In this article we expand upon what identity verification will mean for you and your business. Will I need to verify my identity? In general, those who are setting-up, managing, or have significant control of a UK company will need to comply with the new identity verification requirements of the Bill when it becomes law. This means that: will be required to verify their identity with Companies House within the relevant time frame or risk committing an offence. What are the relevant time frames? Directors Individuals cannot act as a director unless
Read more…
