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S. Tariq Mubarak
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Why Proving Your Source of Funds in Conveyancing Transactions is so Important Source of funds in conveyancing transactions is always a somewhat sensitive topic. The obligations placed on conveyancers to establish the source of a buyer’s...
S. Tariq Mubarak
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Online Estate Agents v Traditional Estate Agents – A Conveyancer’s Perspective​ Online estate agents have become more and more popular over the last few years with many promising to save property sellers thousands of pounds...
S. Tariq Mubarak
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7 Tips When Accepting An Offer on Your Property I was recently asked by long-standing family friends to help them decide which offer to accept on the property they are selling. They put their two bedroom flat on the market for sale because they are...
S. Tariq Mubarak
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Independence & Estate Agent Referral Fees I recently came across an article with www.thisismoney.co.uk  that reinforced my belief that we must, as solicitors, remain totally independent and ensure that we are acting in the best interest of our...
S. Tariq Mubarak
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A Test of Our Clients’ Funds Security Policies Cybercrime and property-related financial fraud has been on the increase recently. The Solicitors Regulation Authority ( ‘SRA’ ) said that £7 Million was lost in this way in 2016...
S. Tariq Mubarak
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Nationwide Building Society recently issued a press release , adding it’s voice to the ongoing national debate on unfair charges and practices affecting leasehold properties. Nationwide is taking steps to protect its mortgage members from unfair...
S. Tariq Mubarak
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Views and opinions invited on how measures to ban unfair letting agent fees imposed on renters should be implemented and enforced. The consultation launched by Department for Communities and Local Government (‘DCLG’ ) closes on 2 nd June 2017....
S. Tariq Mubarak
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Overage is a property or land seller’s right to receive additional payment(s) from a buyer at a future date. That date is usually after the sale of the property or land to the buyer. The trigger for this right to receive payment is usually when some...
S. Tariq Mubarak
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What is a rentcharge? According to Gov.uk : “A rentcharge is an annual sum paid by the owner of freehold land to another person who has no other legal interest in the land. The person who receives payment from the rentcharge is known as the...
S. Tariq Mubarak
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  When assembling land into a development site, it has been customary to enter into an option agreement with the land owner. It may however, in some circumstances be better to enter into a promotion agreement. In this article, we explain what each...
S. Tariq Mubarak
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We recently advised on and completed a purchase of a commercial property for £1.45 million for our client. Our client exchanged contract on this purchase over three and half months ago. The negotiations and outline terms of this transaction were...
S. Tariq Mubarak
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Frequently Asked Questions about Property Auctions Why are properties sold at auction? Properties can be sold at auction for a variety of reasons. These include: the Seller needs a quick sale the Property may have been repossessed and offering the...
S. Tariq Mubarak
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The  Immigration Act 2016  became part of the law of the land (i.e. it received Royal Assent) on 12 May 2016. Following on from  Immigration Act 2014,  it: makes it easier for private landlords to evict illegal migrant...
S. Tariq Mubarak
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We’ve seen a few legendary battles – the thriller in Manila, the rumble in the jungle, Sugar Ray Leonard’s Vegas ‘Showdown’ against Thomas Hitman Hearns, or Hearn’s other legendary bout against Marvellous Marvin Hagler....
Viola Szekely
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When 2 or more property transactions involve the same buyer and seller or the transactions are between people connected with either of them, they count as ‘linked’ for Stamp Duty Land Tax ('SDLT') purposes. In such cases the buyer pays...
Lily Meyer
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Many properties in England & Wales have covenants on their legal title which regulate the use of the property and restrict development. A great deal of these covenants can be hundreds of years old, with many homeowners believing that these are now...
S. Tariq Mubarak
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The Council of Mortgage Lenders (CML) has published a statement of practice (statement), which outlines existing good practice and the overarching principles that CML members should follow in relation to buy-to-let (BTL). The statement is intended to ensure...
S. Tariq Mubarak
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The Help to Buy mortgage guarantee scheme rules have been revised with effect from 8 April 2015. The Help to Buy mortgage guarantee scheme allows lenders to take advantage of guarantees offered by the government in respect of certain mortgages. The scheme...
Lily Meyer
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One house sale, two years of our time and a court hearing later, we finally managed to close our file on a sale transaction in which the clients could not decide how to divide the sale proceeds. Back in September 2012 we were instructed by a couple who...
Posted in:LilyMeyer, Conveyancing
Viola Szekely
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As business owners might be aware some properties are eligible for discounts on their business rates, known as ’business rates relief’. It is good news for businesses falling into the ‘small business’ category as the government has...
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When the Chancellor released his Autumn 2014 statement, he promised to make the re-sale of shared ownership properties more efficient for all parties. Following a consultation carried in January 2015, the Department for Communities and Local Government...
Lily Meyer
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In an attempt to ban so called ‘retaliatory’ or ‘revenge’ evictions, the Department for Communities and Local Government (‘DCLG’) has announced various changes that will affect how residential tenancies can be ended. ...
S. Tariq Mubarak
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Matrix Legal is pleased to announce its partnership with national conveyancing specialists, FridaysMove . The FridaysMove Legal team is committed to the delivery of first rate conveyancing legal services to property buyers, sellers and investors. All...
S. Tariq Mubarak
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Matrix Legal is proud to announce that we have recently been awarded the Conveyancing Quality Scheme accreditation. The accreditation is awarded by The Law Society and recognises exceptional standards of professionalism amongst Conveyancing Solicitors. It...