Friday, March 19, 2010

Solicitor - Solicitors UK - Solicitors Definition




Solicitor
is a term associated with the judicial system. These are a kind or sub category of the lawyers. In different countries solicitor has a different meanings. Solicitor basically means a lawyer who handles the office work, meets the clients, work on all the legal documents and also works for the business houses on there legal matters. Also in the cases where the negotiations are to take place there also solicitors are preferred. Basically solicitors are synonymous with the big business houses where they need to carry out the legal or professional negotiations with there probable clients to finalize the deals. These also give the advice on the matters related to the finances or taxes. As compared to barristers these solicitors have firms where many people work with different clients.

Solicitor needs to have special skills like negotiation power, they should look at all the finer details, should be able to make good relationship with the clients, also as businesses working hours can be extended so these solicitors also should be flexible about there working hours.

Sometimes solicitors are confused with the barristers. These confusions are not misplaced. These confusions are due to the fact that in some countries barristers and solicitors are the same thing while in other countries they operate in differently. In countries which follow the legal system of United Kingdom lawyers are divided into two parts one are solicitors and other ones the barristers. In these types of systems basically solicitors handle all the matters out of court. They do everything except fighting the case in the courts. Barristers are the ones who specialize in the field of fighting cases in the courts. Solicitors are the ones who will work on your case will tell you whether you are in the need of a barrister for legally fighting your case in the court or if any other step is required to complete your case. As in the case of barristers possessing a graduate degree in law is a must there is no such compulsion in the field of solicitors. Bachelors degree in any field followed by a one year course of law is enough for you to start working as a solicitor.

This in turn explains why the UK solicitors are not the ones to fight the cases in the courts as they are not actually trained to do that. There field of work is mainly based on the direct interaction with the client and then giving them the required legal advise.

Source: What is a Solicitor?
Useful other source for solicitor
Buying property solicitors UK
Indian property transfer solicitor
personal injury solicitors UK
Conveyancing process UK
Online property solicitors UK

Monday, March 15, 2010

Get Cheap - Conveyancing Solicitors - UK



Conveyancing solicitors have been having a hard time during the recession. According to the Law Society Gazette the number of unemployed solicitors is up over 400 per cent since the start of the credit crunch. Just a few months ago 7,000 solicitors were made redundant in one go when two leading mortgage providers decided that conveyancing services would no longer be provided in house.

So what does this mean for you if you're looking for a conveyancing solicitor for your house sale or purchase? Well it's pretty great news, that's what!

In real terms, hiring a conveyancing solicitor has never been cheaper than it is today for two reasons:

1) the recession has resulted in conveyancing solicitors chasing far fewer transactions - house sales are still running at less than a third of the number at the peak of the market; and

2) the internet has massively increased the level of competition amongst conveyancing solicitors UK and brought prices crashing down as a result. In the old days solicitors only had to compete against the other law firms in their town. Today, the legal work for a conveyancing transaction can be done from anywhere in the country.

Five years ago you might have paid £1500 for a transaction that today would cost you less than £500. So should you be looking in your local high street or online?

The advantage of an online solicitor UK is that you don't have to visit the office. Everything can be done over the phone or by email. On the other hand, if you have a local solicitor and you need to hurry them along then it's easier to chase them, because if you can't get them on the phone you can always call by their office.

This may be important if getting your transaction through quickly is important. Solicitors are like everyone else - they will respond fastest to whichever client is applying the most pressure!

Our advice would be to use the internet to shop around for a range of quotes. These are provided for free and will usually be less than what you would be quoted on the high street. You can then use these quotes to negotiate down the quote from your local solicitor (who as we've already mentioned will be hurting from the recession and anxious to get your business).

If in the end there is not much to choose between your local solicitor and an online solicitor then your local solicitor is probably the best way forward. But if you can save yourself a worthwhile amount of money then don't be afraid to choose the online option, because as we said above conveyancing can now be done from anywhere.

Many online conveyancing websites come with a no fee guarantee if the sale or purchase fails to complete. You should be aware that this only applies to professional fees and does not apply to the cost of any searches that have been done. High street solicitors don't normally offer this, but you should ask for it anyway.

As a final piece of advice, insist on getting a fixed fee quote and make sure that expenses are included as these add up to quite a lot. Expenses are mostly known in advance so there's no reason why your solicitor shouldn't be able to provide them (note: they may refer to them as "disbursements" - they mean the same thing).

Most of the fees are payable on completion apart from some monies on account. This means that you pay a proportion of the overall fees upfront to cover some of the search costs, etc. Again, don't be afraid to negotiate the size of the upfront fee. They need your business more than you need them!

Source:How to Get Good - Cheap - Conveyancing Solicitors
Useful other sources for solicitors UK
Buying property solicitors information
Information about Indian property transfer
How can online property solicitor UK help you?
Tips to find personal injury solicitor in London
Property Negligence Solicitors - Property Solicitors UK

Thursday, March 11, 2010

Property solicitors role in buying and selling property UK



For UK homeowners buying and selling property can often be a confusing process. In many cases it can be a long drawn out arrangement that becomes a stressful time for all parties. To simplify things the process of buying and selling property can be split into three stages.

Initial Agreement to Buy or Sell the Property

The conveyancing process starts after an agreement has been reached between the buyer and seller of the property. Once the agreement has been reached the respective solicitors of both parties are informed that the transaction should begin. The buyer's solicitors and seller's solicitors have different tasks to perform in the transaction.

The seller's solicitors will obtain the title deeds and documents either from the seller or where appropriate from the seller's mortgage company. At the same time the buyer's solicitors will carry out whatever searches are judged to be necessary for the property e.g. water and environmental searches.

If the buyer plans to obtain a mortgage they will first need to make an application to a mortgage company and receive a written offer before the exchange of contracts can take place.

Exchange of Contracts

Once all the initial steps have been completed a date is agreed for the exchange of contracts. In cases where a person is completing both a purchase and sale of property the solicitor should ensure that the exchange of contracts on both transactions takes place simultaneously. When the contracts are exchanged a deposit must usually be paid. The completion date of the purchase is normally 2-4 weeks after the exchange of contracts. The exact date is agreed between both parties via their solicitors.

In the time between exchanging contracts and the completion date the buyer's solicitors will prepare the transfer of property which must be approved by the solicitors of the seller before being signed by both parties.

Completion of the Sale

To complete the sale the buyer's solicitors send the remaining balance of the purchase to the solicitors of the seller. When this money has been transferred the key to the property can be released to the buyer. Finally the buyer's solicitors will send any stamp duty due to the Inland Revenue. Once processed the solicitor can complete the purchase by registering the sale at the Land Registry.

As can be seen buying and selling property in the UK can be a long process. However there have been recent moves to simplify and speed up the process. The newly introduced Home Information Pack it is hoped will improve things by making information about the property available to the buyer earlier in the process reducing the chances of the sale breaking down at a late stage.

Source: The Role of Solicitors in Property Sales

Other useful sources for buying and selling property
Buying property solicitors UK
Online conveyancing process UK
Indian property transfer information

Monday, March 8, 2010

Property Negligence Solicitors - Property Solicitors UK


In order to discuss the function of a property negligence solicitor, it is important to know what the word negligence actually implies, and why the act of indulging in such an activity may result in litigation.

In the Oxford English dictionary, the word gives a simple explanation: inadequacy of taking suitable care of a possession or in this case property which in turns lead to damages and loss for a third party.

The person, who has been affected financially, mentally or physically, due to the negligent behavior of someone else, will now be able to sue the perpetrator for the losses suffered.

It is a fact of life that no matter how much care one takes to avoid making such colossal mistakes leading to legal action, professionals from every walk of life, do at one point or another, commit such blunders. Therefore, they need to take preventive measure against being taken to the court. Having your bases covered insures that going to jail or paying hefty fines to the injured party may be avoided.

If you are involved in a legal battle concerning your property, the loss of goodwill for your business in the market can result in dire financial and reputation setbacks. Hence, anyone involved in a business of real estate should consult a property solicitor to safeguard their interests.

The mercantile property lawyers provide guidance and useful assistance on every aspect of commercial property law in the United Kingdom. Consulting a solicitor with a potential problem that you may anticipate, due to the nature of your business, will help you take preventive measures against the odds of a mishap occurring.

If something still goes wrong, the solicitor would already have put forth a contingency plan for you to follow in which case you would know exactly how to go about pacifying the wronged party in or outside the court of law, and still not suffer any major loss in the business.

On the other hand, if someone has been involved in an unfortunate incident leading to any personal damage due to lack of care by a professional, such solicitors can give the best possible advice on how to go about proceeding further with getting some compensation for the damages, be they emotional or physical.

Property negligence solicitors are expert in commercial property law, and are equipped with the most up-to-date legal jargon on all issues and regulations relating to the commercial property and the construction sector. They are best equipped to deal with not only the rights of the owner but, in case of the construction sector, they can also prove to be of an immense help in safeguarding the rights of the workers. Usually, they are able to predict and prevent most common lawsuits regarding these rights very aptly.

You do not just need to consult them when necessary; you can take their legal advice whether you are the injured party or if you are in the danger of being sued. Such practical measures can save a lot of time, money, effort and expensive law suits.

Source: A Property Solicitor and Your Rights
Other useful sources for property solicitors UK information
property solicitors UK helps you to buying property
How can online property solicitor UK help you?
Information about buying property solicitors
Information about Indian property transfer

Thursday, March 4, 2010

Residential Conveyancing Solicitor UK




A residential conveyancing solicitor will be able to help you with every step of buying or selling your property. Buying or selling your property is a big financial commitment and shouldn't be entered into lightly. For many people, the only contact they have with a solicitor is when buying or selling their property.

Buying and selling a home can be a time consuming process, even when you've found the perfect house and have had your offer accepted, or agreed a price with an interested buyer. From the initial paperwork, sorting the mortgage out and having the relevant checks and surveys carried out, to signing and exchanging contracts and finally completion day and moving in or out, there is a lot to consider. Having legal assistance to guide you through each process will help to reassure you, and keep you informed as to what is going on.

Tenants and landlords can benefit from legal help from a residential property solicitor. Tenants may want to make sure that the contract they are about to sign is legal, and that it isn't unfair. Landlords will want to make sure that their property is protected by the contract, and that they have the power to remove tenants who break their contract, or who are otherwise not appropriate tenants.

A residential conveyancing solicitor can also help with other property issues you may have, such as land registry or title deeds issues. Perhaps you need your property boundaries confirming, or are considering buying additional land and want some advice.

If you are considering equity release, in order to free up the capital in your home, you will want to take legal advice first. This will ensure that you know more about it implications, and what effects equity release could have on your pension, and other financial implications.

You might want to ask friends and family about their home buying and selling experiences before you instruct a solicitor to act on your behalf when you are buying or selling your home. This will help you to choose the sort of solicitor that is right for you. You may have a firm of solicitors that you use for any legal matters, but that doesn't offer conveyancing services. You might find that there is a local firm of solicitors that only does residential conveyancing, and so would be worth contacting.

If you're considering buying or selling your home, have questions or queries regarding being a landlord or a tenant, or want legal advice regarding another property issues, why not see how a residential conveyancing solicitor can help you?

Source:How Can a Residential Conveyancing Solicitor Help You?

Tuesday, March 2, 2010

Information about commercial property solicitors UK




Buying or leasing a commercial property today can become hassle free only when the buyer knows their property law well. Even they are not familiar with the latest news they need correct legal advice. Our commercial property department is experienced in dealing with commercial property transactions including sales, purchases, assignment of leases, purchases of businesses of going concern and sales and lease back transactions. We provide commercial property solicitors for various different sales. One can get expert advice only with a specialized property lawyer. For property transfer we provide a Conveyancing Solicitor too.

Normally, real estate agents in areas recommend commercial property solicitors UK who they know. They know the area and are knowledgeable about the laws concerning related properties. Many businesspersons try to reduce the hassles by trying to circumvent legal hassles by only relying on the brokers' advice. The title of the lease or plot has to be clear. But the right option is to engage commercial property solicitors for it. When you approach a commercial property solicitor at our firm they will take into account the compete details before any sale or purchase or any other transaction is made.

Too much emphasis is being given on the protection of the tenants now. A new code was introduced for leasing business premises in UK in March 2007. Sometimes lack of knowledge and not giving due importance to property lawyers can land businesses in trouble. For every negotiation, we make sure that property conveyancing is done easily, with able assistance from a conveyancing solicitor UK. A conveyance is a deed (legal document) that conveys a house from the vendor (seller) to the buyer, thereby transferring ownership. For transferring the property in the name of one person to another especially in business premises requires legal assistance. We take it to our credit that we have handled successfully, many such cases.

Consider a commercial property solicitor from our firm as an insurance policy against bad decisions. Property owners today do not want long-term tenants and this could mean that some tenants will protest. Tenants whose business depends on the volatile markets tend to take shorter legal routes. The lease term is important and we are aware of the technical issues faced by our clients. We charge reasonable fees but make sure you remain in business. This is our priority.
Source: Commercial Property Law Specialist