What happens to the Family Home in a Divorce?
Dividing the family home is one of the biggest concerns for people going through a divorce. For many couples, the house is their most valuable asset. It’s also where children...
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Unmarried couples do not have the same rights as married couples on separation, no matter how long their relationship has been. To protect financial interests and property rights should they separate, cohabiting couples may choose to enter into a cohabitation agreement. Read more here.
Continue readingThe 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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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.
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