What is the conveyancing process? Conveyancing is the legal process of transferring the ownership of a property or land. Whether you are buying or selling, understanding the conveyancing process is essential. Not only can it help you avoid costly mistakes, but it can also speed up the entire transaction by preparing you for each stage. The conveyancing process differs slightly depending on whether you are buying or selling. Below, we’ve outlined both methods to help you understand what to expect and how to prepare. The conveyancing process for sellers The conveyancing process for buyers Residential vs commercial conveyancing process The key distinction between residential and commercial conveyancing lies in the purpose of the property for sale: homes for personal living or offices, shops, warehouses, and hotels for business. Residential conveyancing is typically more straightforward, with fewer parties and less negotiation. … Continue reading →

1925 was a defining year for property law in the United Kingdom, marking the introduction of legislation fundamental to the modern leasehold system. Now, one century later, could that system be about to end? Successive governments have committed to reforming the modern leasehold system, with landmark legislation, such as the Leasehold and Freehold Reform Act 2024, already driving significant change. However, the question remains: Will leasehold be abolished in the UK for residential property? Residential property in England and Wales largely falls into two groups: freehold and leasehold. Freehold land belongs to the owners “in fee simple” meaning “permanently”. Whereas leasehold property belongs to the owner for “a term of years absolute”, meaning it has a limited period of ownership after which time the property reverts to the freeholder.  Most residential leases are granted for a long time, typically 99 … Continue reading →