After almost two months in deep freeze, the housing market is open for business again, but this is not the housing market we knew before lockdown. The government’s re-opening of the market, came as a surprise to conveyancing solicitors, surveyors, estate agents, and removal companies, this has left them scrambling to put safety measures in place.
Advice for landlords during the pandemic
With a quarter of the UK’s population either unemployed or on furlough, many tenants are struggling to pay their rent. We look at what rights landlords have during this time.
Southport conveyancing market reopens
Ministers updated regulation 6 of the Coronavirus Regulations to allow people to leave the house to undertake any of the following activities in connection with the purchase, sale, letting, or rental of a residential property:
Limited company’s assets frozen following death of sole owner and director
In normal circumstances, a company will not register executors at Companies House until they are able to produce a grant of probate. Probate can take a long time sometimes years and in that time the business would be irrevocably damaged.
Trouble registering a death
With most of the UK in lockdown registering a death can be difficult. You cannot register the death in person, instead councils are offering telephone appointments.
Can you sell your house in lockdown?
On the 26 March 2020, the government published guidance on moving home during the pandemic. While many have viewed this as a pause to the property market, it does not prohibit the marketing of properties.
Will disputes on the rise
Many more families are going to court over the contents of a will.
Buying a Property During COVID-19
The COVID-19 pandemic has created a lot of confusion, not least for those who are in the midst of buying a property.
To provide clarity, we’ve answered some frequently asked questions.
How to witness a Will while social distancing
How do I get my will witnessed if I can’t come to the office?”
If I’m furloughed, how do I get a mortgage?
With the UK in lockdown, many banks and building societies are tightening their rules on lending leaving many people locked out of mortgage deals.
Information concerning COVID 19
Our offices SOUTHPORT Our Southport office is now open. You will not be admitted unless you are wearing a face mask. WATERLOO The Waterloo office is by appointment. To make an appointment, telephone 0151 928 6544 and ask to speak to Sarah. Post Please be aware that due to delays at the post office we […]
Green Leases for Commercial Properties
A green lease is a type of commercial lease entered into by a landlord and a tenant. It places obligations on each party to comply with environmentally sustainable objectives
Daughter Loses Inheritance Battle to RNLI
A recent battle between the RNLI and a disinherited daughter shows just how important it is to have a professionally drafted Will.
New rules on intestacy brings increase to amount a surviving spouse can inherit
The Government has kept its promise to review the amount a surviving spouse can inherit automatically and has raised the statutory legacy amount to £270,000.
Who Died First? An Important Question in Probate
When two or more people die together – and they own joint assets – it is important to discover who died first. If this cannot be established, it is assumed that the deaths occurred in order of age. In other words, the oldest person died first.
Using Your Gift Allowance at Christmas
Are you thinking about gifting your loved ones this Christmas? With the right advice, you can make these gifts tax exempt. This ensures that if you die within the next seven years, the gifts will not be considered part of your estate – and therefore will not be subject to Inheritance Tax
Inherited a house that was slow to sell? You could be due a tax refund
If you’ve inherited a property that took some time to sell, you may be due a refund from the taxman.
No Will? Here’s where your cash might go
Around two thirds of the UK’s population of adults have not made a Will. But do you know what happens to your assets if you die ‘intestate’? Many are surprised to learn they can actually end up with the Crown.
Freehold, leasehold, commonhold: what’s the difference?
When buying a property, it is important that you understand the different forms of legal ownership: freehold, leasehold, or commonhold.
Next year’s changes to Capital Gains Tax (CGT) and Lettings Relief are impacting people now
New Capital Gains Tax (CGT) rules are on the way which may affect couples who are splitting up and plan to sell their home eventually, accidental landlords and those who have bought a new home without selling their old property.
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