Residential Property FAQs – First-Time Buyer
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How long does the process of buying a house usually take? In most cases, the average conveyancing for the purchase of a home will take anywhere between 8 and 12 weeks. It can take less time than this or a little longer, depending on the complexity of the property and those involved in any chain. […]
Selecting an Executor in your Will
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nat_B0m
An Executor is a person you appoint in your Will who is tasked with the responsibility of administrating your estate. It is by no means an easy role and imposes a personal liability on the Executor should they fail to carry out the role correctly. Given that even the most straightforward estates can become […]
Is Mediation the right approach for me?
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Relationship breakdown can be very difficult for all parties concerned, not just the partners, but for children and wider family. These days people are looking to resolve things quickly with as little acrimony as possible in these difficult times, inexpensively. Couples hope to make things as easy as possible for themselves and their children, seeking […]
Wills and Business Property Relief – Inheritance Tax danger for owner managers of SMEs
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Many owner managers of small to medium sized businesses are aware that on death, their shareholding or partnership interest or sole trader business’ value will qualify for the specialist Inheritance Tax treatment in the form of 100% Business Property relief, which reduced to zero the Inheritance Tax burden that would otherwise arise on any non-exempt […]
The Renters (Reform) Bill Controversy: Should Landlords be Concerned?
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What the Government has called a “once-in-a-generation” transformation of housing laws, The Renters (Reform) Bill is intended to usher in a more equitable letting system for both tenants and landlords. Since its introduction to Parliament in May 2023, the legislative overhaul has attracted significant media and industry attention, causing considerable concern among landlords. According to […]
The Building Safety Act
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nat_B0m
Introduced in light of the catastrophic events of the Grenfell Tower tragedy in June 2017, the Building Safety Act 2022 (the Act) contains a vast range of provisions designed to improve the safety of buildings. The Act is particularly significant in terms of its protection of leaseholders, eradicating the standpoint that leaseholders should be the […]
New Year’s Resolutions
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nat_B0m
As we come to the end of 2023, many take the opportunity to reflect on the past year and look at setting resolutions for the new year. A brief history lesson Setting resolutions in a new year dates back to Babylonian times (around 4000 years ago) where promises would be made to repay debts. Years […]
Auctions, cheap as chips?
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These days, selling and purchasing a property can feel like a challenging process and in some cases, vendors and purchasers look at other ways in which they can achieves their desired transactions. A method which has never been more popular than now is via auction. Auctions are a popular method in which to purchase a […]
Residential Property FAQs
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I am thinking of buying a retirement property. Are there any differences between these and other freehold or leasehold properties? Retirement properties often have the benefit of a manager on hand for any emergencies. There is also a social element for those persons who would like more social interaction, usually with various events and activities […]
The importance of updating your Will
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nat_B0m
Your Will is one of the most important legal documents that you will create during your lifetime. However, it is a common oversight to not review and update your Will consistently, whether this be by an entirely new Will or a Codicil. It is important that you update your Will as certain changes occur in […]