With the property market badly hit by the December 2007 HIP legislation, UK agents are finding multi instructions being outwayed by sole instructions which means less instructions for all. Leading online legal documents provider Net Lawman has joined forces with the newly formed Independent Network of Estate Agents (INEA). The INEA / Net Lawman affilliation will help independent agents to increase the amount of listings on their books by sharing properties in their portfolio under traditional subbing methods, whislt addressing the fact that since December 2007 all residential sales properties must have accessable to HIP (Home Information Pack).
Diss, Norfolk (PRWEB) July 29, 2008 -- Recognising the need for legal support and advice within the network, INEA has joined forces with law experts at Net Lawman to offer members exclusive discounts on legal documents and advice including tenancy agreements, formal notices, business property lease agreements, licenses and more.
According to INEA, the recent HIP legislation, which requires that the selling agent has to be able to give sight of the HIP to interested parties, has meant that the average agent is carrying just 12-15 properties.
"INEA has enabled smaller agents to have access to many more properties than previously possible, but they will also be exposed to new and perhaps unchartered waters when it comes to the legal agreements they need concerning the sale or lease of properties" said Miriam Taylor of Net Lawman.
"The costs of drafting these documents on the high street can be extortionate. We've teamed up with INEA because we recognise the importance of keeping legal costs to a minimum, particularly for smaller sole agencies where their margins on shared properties are less" adds Taylor.
The INEA site, which launched last month, has over 15,000 overseas homes listed, all of which are shared properties that sole agents can add to their portfolio. INEA handles all of the administration associated with shared properties. Members simply select, download and print window cards for any properties on the system in a matter of minutes under their own branding via INEA's advanced templating process.
"We launched INEA to improve the ability for agents and sub agents to share and earn off each other's properties in an increasingly competitive marketplace. Our partnership with Net Lawman reflects our commitment to helping our members to stay at ahead of the game whilst keeping their legal costs low" says Trevor Mealham, CEO of INEA.
INEA members are eligible to receive an exclusive 20% of all documents from Net Lawman. For more information visit http://www.netlawman.co.uk?sc=1028. INEA membership is FREE for bona fide agents. Simply visit www.inea.co.uk.
Editors Notes
Net Lawman Ltd is an English company operated by Andrew R. Taylor. Most legal work is undertaken by Andrew and Rajeev Goswami, assisted by English barristers for specialist work, and Rajeev's small team of Indian lawyers, as required.
Andrew has a degree in economics and was an English solicitor for over 20 years. He resigned voluntarily as a solicitor in order to operate Net Lawman with unrestricted advertising. He has specialised primarily in commercial and company law. Working in a high street practice, he has covered a wide range of law. During that time, he has also been involved as a director and shareholder in a number of businesses, principally connected with commercial property or the Internet.
The documents provided by Net Lawman have been drawn by Andrew and a small team of specialist solicitors and barristers. The documents are regularly updated to take account of new law.
The Net Lawman service is designed to fill a gap between on the one hand the mass of "contractual" letters and messages produced by every business every day with confidence and on the other hand those cases where solicitor help is essential
Net Lawman legal advice is provided on a "no liability" basis. The business is not regulated by The Law Society.
For more information visit http://www.netlawman.co.uk?sc=1028
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[Via Legal / Law]
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