At a Glance
- Tasks: Manage residential buy-to-let transactions and ensure compliance with Shariah financing.
- Company: I Will Solicitors Ltd is a specialist firm focused on private client work and Shariah-compliant legal services.
- Benefits: Join a growing team with opportunities for professional development and a supportive work environment.
- Why this job: Be part of a mission-driven company making a positive impact in the community through ethical investments.
- Qualifications: Must be a Qualified Solicitor with 10+ years PQE in residential conveyancing.
- Other info: Work closely with diverse teams to facilitate smooth property acquisitions.
The predicted salary is between 36000 - 60000 £ per year.
About I Will Solicitors Ltd:
I Will Solicitors Ltd, is a subsidiary of Wahed. It specialises in the field of private client work, (Wills, inheritance tax planning, probate, trusts, Court of Protection and related work). I Will Solicitors Ltd is regulated by the Solicitors Regulation Authority and are dedicated to providing specialist quality advice to our clients. We specialise in helping our clients with the drafting of Shariah-compliant Islamic Wills in the UK.
Job Brief:
We are seeking an experienced Qualified Solicitor with residential experience to join our growing legal team, specialising in Buy-to-Let transactions financed through Shariah-compliant Investing. The successful candidate will manage a given caseload and work closely with internal stakeholders, including the Operations, Investment, Shariah and Finance Team, to ensure smooth and compliant property acquisitions.
Job Description:
- Manage a caseload of residential buy-to-let property transactions, including freehold and leasehold titles.
- Act as the main legal liaison between Wahed and the Sellers.
- Draft, review and approve contracts, transfer deeds, and agreements.
- Carry out due diligence, including reviewing titles, searches, and property documents.
- Liaise directly with property searches companies to acquire the necessary searches.
- Present all findings before exchange in a report on Title to internal stakeholders.
- Ensure all property transactions comply with UK legal standards and Shariah financing requirements, including prohibition of riba (interest).Liaise with HM Land Registry, local authorities and other external parties as required.
- Support the business in maintaining Legal accreditation and adherence to regulatory and internal compliance frameworks.
- Manage timelines and proactively update all parties throughout the transaction lifecycle.
- Handle post-completion tasks including SDLT filings and registration.
Job Specification:
- Qualified Solicitor with at least 10 years PQE in residential conveyancing.
- Able to interpret complex legal and financing documentation and explain it clearly to non-legal internal stakeholders.
- High level of attention to detail and commitment to accuracy in compliance-heavy transactions.
- Previous work with SPVs or real estate investment platforms.
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Residential Qualified Solicitor, Buy-to-Let (Shariah-Compliant Investments) employer: Wahed Invest
Contact Detail:
Wahed Invest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Residential Qualified Solicitor, Buy-to-Let (Shariah-Compliant Investments)
✨Tip Number 1
Familiarise yourself with Shariah-compliant financing principles, especially the prohibition of riba (interest). Understanding these concepts will not only enhance your knowledge but also demonstrate your commitment to the role during interviews.
✨Tip Number 2
Network with professionals in the Islamic finance and property sectors. Attend relevant seminars or webinars to connect with potential colleagues and industry leaders, which could lead to valuable insights and recommendations for your application.
✨Tip Number 3
Prepare to discuss your experience with SPVs and real estate investment platforms in detail. Be ready to provide examples of how you've successfully managed complex residential transactions, as this will be crucial in showcasing your expertise.
✨Tip Number 4
Research I Will Solicitors Ltd and their approach to client work, particularly in drafting Shariah-compliant Islamic Wills. Tailoring your conversation to reflect their values and mission can set you apart from other candidates.
We think you need these skills to ace Residential Qualified Solicitor, Buy-to-Let (Shariah-Compliant Investments)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in residential conveyancing and any specific work with Shariah-compliant investments. Use keywords from the job description to demonstrate your suitability for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about working with I Will Solicitors Ltd and how your background aligns with their focus on Shariah-compliant investments. Mention your experience managing caseloads and liaising with various stakeholders.
Showcase Relevant Experience: Provide examples of your previous work that relate directly to the responsibilities outlined in the job description, such as managing buy-to-let transactions or ensuring compliance with UK legal standards.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a legal role.
How to prepare for a job interview at Wahed Invest
✨Know Your Shariah Compliance
Make sure you understand the principles of Shariah-compliant investments, especially regarding the prohibition of riba (interest). Be prepared to discuss how these principles apply to buy-to-let transactions and demonstrate your knowledge during the interview.
✨Showcase Your Residential Experience
Highlight your experience in residential conveyancing, particularly with buy-to-let properties. Be ready to provide examples of past cases you've managed, focusing on your role in ensuring compliance and smooth transactions.
✨Prepare for Technical Questions
Expect questions about legal documentation and due diligence processes. Brush up on your ability to interpret complex legal documents and explain them clearly, as this will be crucial when liaising with non-legal stakeholders.
✨Demonstrate Attention to Detail
Given the compliance-heavy nature of the role, emphasise your commitment to accuracy. Prepare to discuss specific instances where your attention to detail has positively impacted a transaction or resolved a potential issue.