Acting for Companies Acquiring Residential Property - An Introduction for Conveyancers
Introduction
This introductory webinar is aimed at residential conveyancers who are relatively inexperienced in acting for limited companies purchasing residential properties.
It is designed to give you a solid grounding in fundamental issues that typically need to be addressed when instructed on such transactions, including when a mortgage is involved.
The main focus of this webinar is on smaller companies, especially those with one director.
What You Will Learn
This webinar will cover the following:
- Ongoing reforms to companies’ law under the Economic Crime and Corporate Transparency Act
- Compulsory identity verification for directors, and increased scrutiny of company information and filings
- General nature of an ordinary guarantee
- The liability of a primary obligor
- Personal guarantees and likely lender requirements
- Memorandum and articles of association, including the model articles
- Fixed or floating charge?
- Using directors’ loan as a deposit
- Documentation required from the company, e.g., board resolutions
- Registration of charge created by a company and undertakings owed to lender
- Current Land Registry requirements for company charges
- The Law Society’s current AML Guide in relation to companies
- The Register of Overseas Entities: a brief overview
- SDLT and company purchasers, including the 17% rate
This pre-recorded webinar will be available to view from Monday 11th January 2027
Alternatively, you can gain access to this webinar and 2,400+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.