News and Blog
Unlike parents, grandparents do not have an automatic legally recognised right to apply to the Court to be able to see the children, and must first apply for permission to make that application. Any grandparents who feel that they have been pushed out and are unable to see their grandchildren should not give up. Read more here.
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From 6th April 2016 The Small Business, Enterprise and Employment Act 2015 requires all UK companies and Limited Liability partnerships (LLPs) to maintain a new register. This new register records the details of any person with “significant control” over the company or LLP, known as a PSC register (Persons with Significant Control). Read more here.
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It may be a surprise to many that the often referred to status of ‘common law spouse’ does not exist in law. It is therefore important that people living together take steps to protect not only their partner’s position but also their own if something untoward should happen to the other.
Continue readingFrom 1 April 2016, anyone buying residential property in addition to their main home will be subject to a 3% increase on the Stamp Duty Land Tax (SDLT) that would currently be payable on the transaction. SDLT is therefore currently high on the agenda for buy-to-let landlords and those seeking to buy second homes.
Continue readingFrom 6 April 2017 a new Inheritance Tax allowance called the Residence Nil Rate Band (RNRB) will be available to anyone who leaves a residential property or an interest in residential property to their descendants or to the spouses or civil partners of their descendants in their will.
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Tim Adkin, Family Solicitor, discusses the recent debate of Civil Partnerships as highlighted by the recent case of Rebecca Steinfeld and Charles Keidan, who wanted to enter into a civil partnership and took the matter to the High Court as they felt they were being discriminated against as they were not same sex partners.
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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