In House Commercial Property Solicitor
The Property Department manages the purchase and sale of properties held on behalf of pension members, as well as dealing with any issues that arise during the time the property is held within the SIPP. The legal team supports the overall objectives of the Property Department and ensures the firms policies regarding risk are implemented and that property transactions comply with legal and pension regulations and law.
To review all legal and title documentation, mortgage documentation etc. provided by Transferor solicitors, ensuring that the properties are suitable for transfer, correct records are generated within the firms systems and adequate legal protection is provided to both the firm and the Pension Fund Members, reporting and advising on rectification as appropriate.
To give guidance to professional advisers, solicitors, accountants and life offices to explain procedures and requirements involved with Trustee ownership of property.
To provide legal advice, information and risk mitigation measures to the administrators within the Property Department.
To review valuations reports and environmental reports to ensure HMRC and company policies are followed and ensuring adequate protection is given to the firm and Pension Fund Members.
Give guidance to surveyors/valuers in respect of valuations prepared on our behalf.
To co-ordinate the various agencies involved in the purchase/transfer of properties to make the processes run as smoothly as possible for all concerned and ensure compliance with the rules laid down by HM Revenue & Customs and with the policies of the firm.
Identify general areas for improvement in procedures and pass on to the Senior Property Solicitor and/or the Property Department Manager as appropriate
Qualified legal professional with broad business experience in the commercial property sector
Excellent verbal, numerical and written communication skills
Ability to work under pressure and meet deadlines
High standard of work, accurate record keeping and attention to detail
Professional and courteous working manner
Ability to manage own workload and be able to work as part of a team
Flexibility and a willingness to get involved
Working knowledge of Microsoft applications
Experience of property litigation
Previous financial services pension's administration experience specifically relating to commercial properties attached to SIPPs and SSASs
Reed Specialist Recruitment Limited is an employment agency and employment business.
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