The extensive review was performed by our author Marcella King. As with all our authors, Marcella takes a practical approach, drawing on her considerable experience to cover all aspects of procedure, with a focus on practical tips that will help solicitors and conveyancers confidently run a purchase matter to completion.
- The commentary has been expanded:
- Undertakings are explained in more detail.
- The unregistered land section has been improved.
- Adverse possession claims and procedures are discussed in greater detail.
- A new section on finance and funding draws together all the financial aspects of the transaction, including mortgages, taxes and help to buy funding.
- Issues surrounding short term lets, for example Airbnb, are discussed.
- The section about pre-exchange searches has been expanded.
- The process by which contracts are exchanged has been amplified, including a worked example of using Formula C.
- Post-completion tasks are discussed in greater detail.
- The retainer instructions have been updated.
- The to do list has been updated.
- The summary of the conveyancing process has been updated.
- The matter plan now includes new precedents:
- New and amended possible enquiries, including a set specifically for new build properties.
- A letter sending the help to buy ISA declaration to clients, and a link to the declaration itself.
- An access undertaking for use when buyers would like access to the property between exchange and completion.
