The Government passed the Administration of Estates Act 1925 (Fixed Net Sum) Order 2023 to increase the Statutory Legacy amount when someone dies intestate, from £270,000 to £322,000. This change to the Statutory Legacy applies to anyone who dies intestate after 26 July 2023. What Is The Statutory Legacy? This is the amount of inheritance […]
When a loved one dies, the executors and family members will search for the Will to see how the deceased wished to have their estate distributed – but what happens if only the copy Will is found and not the original? The Importance Of The Original Will Most people store their original Will in a […]
If you’re a landlord, you’ll understand the residential eviction process in England and Wales is not always straightforward – which is why it’s beneficial to use the services of a solicitor to carry out the proceedings on your behalf. Reasons For Landlords To Use A Solicitor To Evict A Tenant Advice Evicting a tenant can […]
Tips for Buying Property with Loft Conversions Properties that feature an old loft conversion are often appealing because of the gained extra space – however, it’s important to always check that the relevant planning permissions and building regulations are in place before going ahead with the purchase. Do Loft Conversions Need Planning Permission? Loft conversions […]
Your Guide To Probate The loss of a loved one is naturally a difficult and distressing time, and dealing with the administration and distribution of their estate can be challenging. What Is Probate? Probate is the process of applying to the Court for an individual to be given the authority to deal with the estate […]
There are many advantages to buying and selling property at auction, including a faster completion time compared to making the transaction on the open market. However, it’s important to be fully prepared before the auction and to instruct a specialist auction conveyancer in advance, to guide you through the process. Benefits of Auction Property It’s […]
An EPC is an Energy Performance Certificate and every residential property in the UK is required to have one by law. What Is An EPC? An Energy Performance Certificate (EPC) is a certificate that provides details on the property’s energy efficiency rating and carbon dioxide emissions. The certificate must be provided by a DEA (Domestic […]
Leaseholders face many issues when it comes to extending their lease and freeholders charging high levels of ground rent – and although the Government is planning to introduce leasehold reforms to give leaseholders more rights and enable leaseholders to extend a lease more easily and cheaply, there is still a long way to go. Freeholders […]
You might choose to gift property to your children to ensure that they are financially secure in the future or to reduce the amount of inheritance tax (IHT) owed on your estate when you die, or to make sure your home is excluded from your estate for the payment of care home costs – whatever […]
If you are a tenant of a leasehold property, you potentially have the right to buy the freehold or to extend the lease by 50 years – a right that has been in place since 1967. Can You Buy The Freehold To Your Property? As a tenant in a house under a long lease, there […]
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