News and Blog
The recent case of Padwick Properties Ltd v Punj Lloyd Ltd is a useful reminder of the traps when dealing with surrender either as a landlord or tenant.
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In recent years there has been an increase in disputes over wills, which can be partly attributed to wills being drafted at home with ‘will packs’ or through unregulated companies offering will drafting services. In this post Stuart Geach discusses the formal requirements for creating a valid will and what actions can revoke a will.
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A great evening was had by WSP sponsoring the Friends of Gloucester Cathedral (FOGC) Henry III lecture on 21st April.
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Tim Adkin discusses negotiating financial settlements in a divorce, following a recent divorce case in London's Appeal Court involving a "software tycoon" when his wife was awarded approximately 90% of the matrimonial assets in a judgment where there was “a substantial departure from equality”.
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We have been working on a client matter that highlights the requirements of s190 of the Companies Act 2006 in relation to substantial property transactions that require members’ approval. This is something that should be remembered when a director or connected party is involved in a property transaction with the company.
Continue readingIn an unexpected move, as part of the 2016 Budget, the Chancellor announced from midnight on 16 March 2016, rather than paying the same rate on the whole value of the property, the new rates will only apply to the portion of the price that falls into a particular price bracket.
Continue readingDo I need a solicitor to buy a piece of land?
At WSP, our commercial property solicitors handle all matter associated with buying a piece of land. Commercial Property Solicitors will have responsibilities such as: reviewing the contract for sale, preparing...
Gazumping and gazundering – perils in an uncertain market
Research suggests that nearly a third of recent sellers have suffered gazundering, which property pundits attribute to a downturn in the market. But, in some areas, the lack of suitable...
Why do Solicitors require source of funds in property transactions?
When your solicitor asks for bank statements dating back months, please believe us when we say they are not just being difficult! Gemma Francis, a Conveyancer in WSP Solicitors’ Residential...
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