What Are The Main Areas Of Practice For Property Solicitors
London solicitors have a wealth of experience in property law and can advise on a wide range of issues. Unlike the other lawyers, property soliciting is a very broad niche area. You need in-depth knowledge of the law and understand the complexities of property transactions. There are many areas that property solicitors can advise on, check out here some of them:
Buying or selling a residential property
That is one of the most common areas that property solicitors advise on. If you’re buying a property, your solicitor will conduct all the necessary searches and checks to ensure that the property is in good condition and has no outstanding issues. They’ll also negotiate on your behalf to get the best possible price for the property. If you’re selling a property, your solicitor will prepare all the legal documents and ensure the transaction goes smoothly.
Leaseholds and freeholds
Another common area that property solicitors advise on is leaseholds and freeholds. If you’re buying a leasehold property, your solicitor will check the lease terms to ensure you understand what you agree to. They’ll also advise you on your rights and obligations as a leaseholder. If you’re buying a freehold property, your solicitor will check to see if there are any restrictions on the property that could affect your use of it in the future.
Commercial leases
If you’re leasing commercial premises, your solicitor will advise you on the terms of the lease and negotiate on your behalf to get the best possible deal. They’ll also advise you on your rights and obligations as a tenant, including repairs and maintenance, rent reviews, and break clauses.
Planning permission and building regulations
If you’re planning to carry out work on a property, whether it’s residential or commercial, you’ll need to obtain planning permission from the local authority. Your solicitor can advise you on the planning process and help you to submit the necessary applications. They can also advise you on building regulations and ensure that your plans comply.
Property finance
If you’re taking out a mortgage to buy a property, your solicitor will check the terms of the mortgage offer to ensure that you understand what you agree to. They’ll also carry out a search of the property to make sure that there are no outstanding charges or problems with it that could affect your loan.
Conveyancing
Conveyancing is the process of transferring ownership of a property from one person to another. Your solicitor will handle all the legal aspects of the transaction, including preparing and submitting the necessary documents, carrying out searches, and dealing with any issues that arise.
Property Litigation
If you have a dispute with your landlord or tenant, your solicitor can advise you on your rights and options. They can also represent you in court if necessary.
Final words
These are just some of the main areas that property solicitors can advise on. If you have questions about your rights or obligations as a landlord or tenant, or if you’re planning to buy or sell a property, speak to a property solicitor for advice.