Archive for March 2016
More public sector land made available to build new homes
The government has announced that 600 acres of publicly owned land is being made available to build new homes. It has identified 80 sites that will be put up for sale over the next 18 months. It is estimated these sites will support more than 5,000 homes as well as land for industry and business.…
Read MorePartner can keep married partner’s home
A woman has won her legal battle to keep the home she shared with her partner despite opposition from his estranged wife. The court heard that Joy Williams and her partner Norman Martin had owned their home as tenants in common for 18 years. Mr Martin had separated from his wife but they had not…
Read MoreMore than 250,000 Help to Buy ISAs opened
A quarter of a million first time buyers have opened Help to Buy ISAs since they became available last December. More than half of them are aged 30 or under. Some people have already claimed the bonus offered by the ISAs and are using them to help buy their first home. Help to Buy ISAs…
Read MoreWealthy families face £20,000 rise in probate fees
Families inheriting estates valued at more than £2m will have to pay probate fees of £20,000 under new proposals being put forward by the government. The move would also see the beneficiaries of much smaller estates paying no probate fees at all. Under the current system, all estates worth more than £5,000 pay a standard…
Read MoreNew safeguards for people using lasting powers of attorney
New reporting forms have been introduced to improve protection for people using lasting powers of attorney (LPA). LPAs enable you to appoint someone to be your deputy and look after your interests should you lose the capacity to make decisions for yourself at some point in the future. Deputies can be appointed to make decisions…
Read More