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Grigor & Young LLP
Solicitors and Estate Agents
On the day of settlement of a house sale in Scotland, an exchange is made between the purchaser and the seller. The purchaser pays the price for the house and the seller releases a key. This process is done between the solicitors who will inform their respective clients as to when the price has been …
Quite often, Offers are made by purchasers who either still need to secure a mortgage or sell their own property. In order to be transparent to the seller and to protect their own position, they will make an Offer conditional on them obtaining a mortgage and/or selling their own property. At the stage of making …
Are you worried about the time limit on your formal letter? It is common practice for formal letters to contain a clause at the end to state that its terms should be accepted in writing within 5 working days, failing which the Offer/Written Acceptance shall be withdrawn. What’s the reason for the time limit? The …
The short definition of conclusion of missives… When there is agreement between the buyer and seller as to the price and date of entry. As well as any other ancillary legal matters (e.g. the fact you’re buying the cooker in the house too). And this is documented in “formal letters” sent between their respective solicitors. …
When you are considering buying a property, it can be difficult to work out what to do first. See a mortgage adviser? Find a house? Contact a solicitor? There are no rules but it is a sensible idea to see a mortgage adviser or a bank first. That way you can find out (a) if …
NOTE: This is third article in a 3-part series about the steps you need to consider, from a legal perspective in Scotland, if a loved one has passed away. The first part is here and the second article (about what happens if someone dies with a Will in place) is here. Although we encourage everyone …
NOTE: This is Part 2 of a 3-part series on the legal steps you need to take and the process you need to go through if a loved one passes away. Part 1 – First Legal Steps after the Death of a Loved One – can be found here. And Part 3 (about the procedure …
We are delighted to welcome Richard Miller as a partner/member of Grigor & Young LLP from 01 April 2021. With Janet Taylor’s retiral from the partnership with effect from 04 March 2021, that means the partners are now (in alphabetical order) Peter Brash, Ann Cruickshank, Richard Miller, Greg Robertson and Donna Skelly. Richard has worked …
