Property Law Act

 

The most significant property legislation in England and Wales is the Law of Property Act 1925. You may have come across this property law act when buying, selling or even obtaining a mortgage on your property.

The effect of this property law act is to facilitate the transfer of property. It contains provisions for when a conveyance should be made by deed, the types of estates in land you could obtain such as leasehold and freehold, what a covenant is and how this affects your land as well as what charge a mortgage lender has over your property.

It is a long piece of legislation which is used remarkably frequently in everyday conveyancing, and it is certainly not without complexities. When the Land Registration Act 2002 came into force it altered some of the provisions made in the Law of Property Act regarding land which has been registered at the Land Registry. Additionally, further changes are to be made in the future which will allow for electronic conveyancing.

The property law act is often evolving, and keeping up-to-date can be quite a challenge. Instructing a legal professional will help you understand the rights you have over your land and could prevent future disputes.

If you would like to obtain legal advice on property law then Contact Law can put you in touch with a local specialist property solicitor free of charge. So, if you have any questions or would like our help in finding local property solicitors please call us on 0800 1777 162 or complete the web-form above.

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