The Chancellor, Rachel Reeves, has extended the freeze on Inheritance Tax thresholds to 2030. The means that allowances remain the same in that up to £325,000 of a deceased estate can be inherited without paying IHT, rising to £500,00 if the estate includes a residence that passes to a direct descendent, such as from mother to daughter, and up to £1m when a tax-free allowance is passed to a surviving spouse or civil partner.
Property prices fall as autumn bounce back fails to materialize
As autumn leaves start to fall and there is a notable chill in the air, many estate agents and conveyancing solicitors might be hoping for the usual autumn bounce of the property market, so far this has yet to materialize. RICS Survey A survey conducted by the Royal Institute of Chartered Surveyors (RICS) shows that […]
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.
Can a Local Authority remove the free parking outside my house?
One of the benefits that may influence your decision to purchase a property is the fact that it has free parking on the street outside. If the property has no driveway, it would be extremely inconvenient not to be able to park outside, and lack of such amenities would make the property less desirable from […]