Paralegal - Real Estate

Recruiter
Spectrum Recruitment Ltd
Location
Buckinghamshire
Posted
16 Nov 2018
Closes
10 Dec 2018
Sector
Legal
Contract Type
Permanent
Hours
Full Time
Our client Based in Milton Keynes has a vacancy for a Paralegal, part of their Real Estate team. You will need to have a variety of general commercial property experience including banking and finance.

Monday to Friday, 9.00 am to 5.30 pm

Salary: Negotiable

If you have not completed your LPC this is not essential

The role:

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Have day to day management of client files covering a wide range of matters for mainly banking clients but also Borrower led work. Client files include freehold/leasehold acquisitions/refinances and portfolios. These can cover all real estate aspects including, for example, deeds of variations, leases, tenancies at will Draft security documentation from precedent templates based on heads of terms and ancillary client instructions working towards agreeing documentation for engrossment, i.e. legal charge; debenture; assignment of rental income; personal guarantees; corporate guarantee; subordination deeds; deeds of priority; assignment of life policy; ILA and acknowledgement of ILA letters; board resolution/minutes and director’s certificates.

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Draft completion statement.

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Draft certificate of title/report on title.

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Draft conditions precedent list.

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Exchanging an agreement for the purchase of the Property as detailed in the Heads of Terms received from Bank.

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Carrying out the usual searches in relation to the Property.

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Preparing a certificate of title to the bank on the terms of the contractual documentation, replies to CPSE’s and title.

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Registering the Property at the Land Registry including securing the legal charge over the Property to protect the interest of the Bank and providing you with a copy of the registered title following completion of that registration.

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Compose clear and concise correspondence to client, its externally appointed surveyors and other lawyers.

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Adhere to client internal procedures which includes (1) operating, managing and updating client portal; (2) forecasting, reforecasting and claiming milestones; (3) scanning copies of completed documentation onto system and (4) updating client deed schedules and liaising direct with its storage database provider from time to time in connection with the return (and retrieval) of deed packets (or co-ordination of all of the same as appropriate).

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Deal with completions.

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Where appropriate, deal with SDLT and HMLR applications post-completion.

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Establish and maintain good working relationships with client’s personnel.

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Attend and participate in marketing events hosted for client’s personnel.

Requirements:

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Commercial Property experience

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Commercial, practical and financial awareness

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Team player able to fit into a friendly, busy team

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Organisational ability

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Experience with secured lending

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