There are many advantages to making a will. Mostly they allow us to decide what happens to our assets after we die. The same advantages extend to wills for business owners: you can make a will to provide security over businesses when you are no longer around. Business...
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Personal Injury Trusts
| What is a PIT? If you currently receive means tested benefits and are due to receive a compensation payment for an injury, you may lose some or all of your entitlement to the benefits if your capital goes above the capital limit. Placing a compensation payment into...
Commercial Rent (Coronavirus) Act 2022
On March 24th 2022 the Commercial Rent (Coronavirus) Act 2022 (the Act) received Royal Assent. The scope of the Act is to create provisions enabling relief from payment of Protected Rent Debts under a business tenancy. | When does the Act apply? The Commercial Rent...
How to protect yourself from property and payment diversion fraud
The shift towards online conveyancing has unfortunately led to a rise in property and payment diversion fraud. Land Registry documents are now readily available online making it easier for fraudsters to use the documents to their advantage. This rise is seeing...
Buying a Leasehold Property Q & A
Beth Haigh, a trainee solicitor in our Conveyancing department took part in the Buying a Leasehold Q & A Solicitor Chat. | What are the main differences in the conveyancing process between buying a freehold or a leasehold property? The term freehold refers to...
Budget 2021: Stamp duty holiday extension
On 3 March 2021, the Chancellor made his budget speech. Within this, he announced an extension to the Stamp Duty Holiday that was due to end on 31 March 2021. The extension tapers the stamp duty holiday as follows: No standard Stamp Duty Land Tax (SDLT) will be...
Moving home during the Coronavirus pandemic
Moving home under normal circumstances can be one of the most stressful and hectic times. However, the current Coronavirus pandemic makes moving home much harder. We, understandably, receive several questions about moving home during the pandemic each day. To provide...