Buying in Insolvency Situations

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Course Overview

This course, delivered by experienced property practitioner and lecturer Hannah Mackinlay, will provide a practical discussion of the different forms of insolvency that property lawyers are likely to come across and will examine the effect which this has on conveyancing practice as a whole.

In addition, Hannah will also discuss the following questions to ensure that viewers are able to answer them with confidence:

  • Your client wants to buy a property where the seller is insolvent, what do you tell them?
  • Is it safe to proceed where a liquidator or administrator is selling?
  • What are the different types of insolvency?
  • Will you get it registered at Land Registry or could it be set aside?

What are the requirements?

Learning Outcomes

  • On completion of this course you will:

    • Understand what an ‘insolvency situation’ is
    • Be able to identify the different types of insolvency - liquidation, administration, bankruptcy
    • Be aware of the ‘pre-pack’ controversy - the debate and latest proposals
    • Understand repossession sales - LPA Receivers vs. Admin Receivers
    • Be able to identify transactions liable to be set aside
    • Be able to demonstrate an awareness of Land Registry requirements
    • Be able to confidently advise clients – ‘Is it a pig in a poke?’
    • Appreciate the conflict between the insolvency regime and the land registration regime 

What is the target audience?

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About Instructor - Hannah Mackinlay

Hannah Mackinlay qualified as a solicitor in 1981 and has worked at a senior level for major firms such as Pinsents and Shoosmiths, and also local authorities. As well as acting for major landowners, local authorities, development agencies, national house builders, banks, building societies and PLCs, she has also dealt with the rank and file high street commercial leases and small developer. In 1995 she obtained a Masters Degree in Environmental Law and for a while specialised in the area of contaminated land issues and Waste Management. She was a member of the National Council of the UK Environmental Law Association. Since 2003 she has focussed on CPD training to the profession and has lectured widely on the subject of residential and commercial property, property development, overage, and Stamp Duty Land Tax and recently set up www.propertyguru.uk as a resource centre for conveyancers.

Course Curriculum

recorded webinars

  • Webinar
    01:01:38

Documentation

  • Notes
    30 Page
  • Evaluation
    1 Page

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