header-logo header-logo

NLJ this week: Think you’re safe as houses? Don’t fall through the registration gap!

12 April 2024
Issue: 8066 / Categories: Legal News , Procedure & practice , Property
printer mail-detail
167828

The perils of the registration gap when purchasing property, and how to keep the transaction on track, are explained in this week’s NLJ, in an article full of useful advice for property lawyers

Tricia Hemans and Daniel Black, both of Falcon Chambers, offer tips to keep disaster at bay. They write: ‘The position of a purchaser during the registration gap can be a very precarious one indeed. Having exchanged contracts and executed a transfer, the purchaser is the equitable owner of the property. Yet until the transaction is completed by registration, they are not the owner at law.’

In short, all manner of things can still go wrong. Read the authors’ tips and advice to make sure they don’t.

MOVERS & SHAKERS

Charles Russell Speechlys—Gustina Singgih

Charles Russell Speechlys—Gustina Singgih

Corporate team in London welcomes new partner

Church Court Chambers—Maria Karaiskos KC

Church Court Chambers—Maria Karaiskos KC

Historic appointment of chambers' first female head

Wright Hassall—five promotions

Wright Hassall—five promotions

Firm announces five promotions, including new partner

NEWS
Proposed legislation to tighten the rules on pooled client accounts would place ‘substantial’ burdens on solicitors, the Law Society has warned
Increasing numbers of family mediators are cutting back on legal aid work or leaving the sector altogether due to low fees—creating a supply shortfall for low-income families
Lawyers acting in cases funded by damages-based agreements (DBAs) cannot claim their share of the damages if no damages are awarded, the High Court has clarified
Lawyers have given a cautious welcome to a Ministry of Justice decision to increase Crown Court sitting days
Barristers have been targeted with death threats, rape threats, threats to their family members, physical surveillance and threats from politicians, chair of the Bar Barbara Mills KC has reported
back-to-top-scroll