Work can be found with local lawyers

TIM JORDAN, EAD OF RESIDENTIAL PROPERTY, FORSHAWS DAVIES RIDGWAY

TIM JORDAN, EAD OF RESIDENTIAL PROPERTY, FORSHAWS DAVIES RIDGWAY

Usually in these pages you read articles by solicitors like me reminding you why referring work to lawyers - conveyancers in particular - is beneficial to you.

Yes, we can offer you an extra income stream and help you gain more control of transactions, but I imagine you’d love it if work could be referred the other way too.

Well, the best source of an income from conveyancing is likely to be from national conveyancers and as a result many advisers do not have dealings with local and non-property solicitors, but it could be worth your while getting to know your local family firm.

Property is often the largest single asset in a marriage and can be an emotive aspect of a divorce. So it’s important to the lawyers involved that the home is valued accurately and the affordability of both parties is assessed.

This is where sound mortgage advice can be crucial. Once the divorcees have reached settlement there is usually a need for new mortgages, whether this involves buying new properties or remortgaging the family home.

A court could order the sale of a property and apportion the proceeds between the parties or split ownership so that one party retains an interest in it.

Good family solicitors look for expert assistance from financial and mortgage advisers to provide the most satisfactory outcomes for their clients.

This is usually achieved where financial and legal advice complement one another, and advisers work well together.

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