04 Jul 2018

Tax changes have triggered sell-off of private rentals

Research from the Residential Landlords Association suggests that 133,000 dwellings will be taken out of the English private rental sector during the coming year. The main cause is legislation restricting landlords' mortgage interest relief to the basic rate of income tax, and the 3 per cent stamp duty surcharge on the purchase of additional homes.
28 Jun 2018

Significantly more people now have a will

A report on the state of the British will-writing market has found that 45 per cent of adults have now executed a will. The proportion is well up on last year's 39 per cent, reflecting the increasing prevalence of property ownership, says estate administration specialist Kings Court Trust. The number of family disputes over wills has also increased year on year.
17 Jul 2017

Ex-wife given permission to challenge terms of order agreeing sale of family home to repay mortgage

The UK Supreme Court has granted a divorced woman permission to challenge the terms of her undertaking, given in a 2010 consent order, that she would release her ex-husband from paying the mortgage on the matrimonial home within two years, if necessary by selling it. Mrs Birch seeks to postpone her obligation to secure the husband's release from the mortgage, being reluctant to move home because her children go to schools nearby.