Retirement Property Purchases - Key Considerations for Conveyancers
Speaker
Introduction
Acting for a client purchasing a retirement property can present a number of particular challenges and potential risks for conveyancers. Complex lease arrangements, an elderly client, funding considerations and family involvement can create a challenging combination.
This webinar will explore some of the key issues conveyancers should consider when acting on retirement property purchases. It will provide a useful introduction for practitioners who are new to this area, while also serving as a valuable refresher for more experienced conveyancers.
What You Will Learn
This webinar will cover the following:
- Family and funding pitfalls
- Retirement accommodation leases
- The dangers of event fees
- Age and planning restrictions
- Recent leasehold changes
- Proposals for reform
- Capacity concerns
- Vulnerable clients - Law Society guidance