5 Key Conveyancing Myths Explored with Hannah Mackinlay

Introduction

Clients often make wrong assumptions and think everything is risk free.

Conveyancers assume they have covered it in their reports, but the message does not get through. The result is complaints and claims.

This webinar will consider 5 common popular myths in conveyancing and how you can clear these assumptions up with your clients.

What You Will Learn

This webinar will cover the following:

• Boundaries - the red line on the Land Registry plan is rarely the legal boundary. Some of the land shown within it may be next door and some of their land might be yours. But the plan is not necessarily wrong. The strange parallel world of Land Registry plans
• The contaminated land that is not Contaminated Land. When a 'pass' environmental search might be misleading. How to interpret the search result fairly, and the true picture of historic contamination. Sets out what the environmental risks are in reality and what to tell the client
• Completion notices. ‘It's 2.01pm and we haven't got the completion money in so we serve a completion notice on the seller - right?’ Not so fast - there could be a nightmare backfire on your client. What a completion notice does, what to tell the client, and the tricky position in chain situations
• Title insurance solves everything. What title insurance does not do, when it might be better to look at other approaches and what the client needs to realise. Also, often overlooked duties as an 'Ancillary Insurance Intermediary' under the Insurance Distribution Directive. The insurance company gets the premium and the risk stays with you
• SDLT - when is residential not residential? Not so fast - the rate could be anything from 5% to 18% on the same property. What is 'wholly residential' may be more complex and you may need to obtain specialist advice lest you end up paying the tax!

This pre-recorded webinar will be available to view from Monday 13th January 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email [email protected] for more details.