Lack of Awareness of Cohabiters’ Rights
New research has revealed a lack of awareness amongst cohabiting couples of what their legal rights would be should their partner pass away. According to the study, conducted by Direct Line Life Insurance, 38% of cohabiting couples say they are unaware of the legal position. One in ten (11%) believe that if they own a […]
Overseas Owners of Scottish Property
Registers of Scotland (RoS) has published an interesting report on properties owned or leased in Scotland by overseas companies and individuals. The first report of this kind by RoS provides details of any identifiable Land Register title, as at 31st December 2017, where the registered legal owner (or tenant under a long term commercial lease) […]
Chancellor Requests Inheritance Tax Review
The Chancellor of the Exchequer, Philip Hammond, has apparently written to the Office of Tax Simplification (OTS) to request that it carry out a review of Inheritance Tax (IHT) in the UK. The OTS is an independent office of HM Treasury and is responsible for giving independent advice to the Government on simplifying the UK […]
Rise in First-Time Buyer Numbers
There was a sharp rise in the number of first-time buyers entering the market in 2017, despite having to put down a deposit that is more than double what was required ten years ago. The latest Halifax First-Time Buyer Review found that the number of first-time buyers rose by 6% in the last 12 months, […]
Divorce – What About the Kids
What about the house? Who gets the car? In our new video, Complete Clarity outlines some of the most important questions that can arise – and indeed our family lawyers can help you to answer all of the main questions you may have when you are considering divorce, separation or dissolution of a civil partnership. Our […]
Millennials to Receive Inheritance Boom
A new report from the Resolution Foundation has revealed millennials are in line to receive the largest and most wide-reaching ‘inheritance boom’ of any post-war generation. However, this won’t come in time to solve their home ownership and wealth inequality woes. The analysis finds that the large sums of wealth accumulated by older generations will […]
House Price Trends in 2018 Expected to be Similar to 2017
The latest House Price Index from Halifax has revealed that prices in the final quarter of 2017 (October – December) were 2.7% higher than in the same three months of the previous year. In addition, house prices in the quarter were 1.3% higher than in the previous quarter (July-September). However, on a monthly basis, prices […]
Value of Privately Owned Housing Stock Reaches New High
New research by Halifax has revealed that the total value of privately owned UK housing stock has surpassed £6 trillion for the first time. Since 2007, the total value of private residential property in the UK has grown by £1.94 trillion (or 48%) to an estimated £6.02 trillion. In the past year alone, the value […]
Seasons Greetings to our Valued Clients and Festive Opening Hours
Seasons greetings! As the holiday approaches we would like to take this opportunity to inform valued clients and potential new customers of our opening hours and Christmas activities. Christmas and New Year Opening Hours Please note that our offices will close as of 22nd December and will re-open on 3rd January. During this time, our […]
Increase in Scottish Property Sales Predicted
November’s edition of the UK Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS) found that the UK housing market has remained flat at a headline level in the run up to Christmas. Information provided by the survey respondents has suggested that moving forward, activity will continue to be impacted by the continued […]
