Archive for May 2016

An elderly woman knew what she doing when she drew up a new will, even though she was suffering from some mental impairment at the time. That was the decision of the Court of Appeal in a case involving a family dispute between the woman’s grandchildren and their uncle. The court heard that in 2003,…

The changes to stamp duty have saved homebuyers £657m in just over a year, according to the latest government figures. More than 780,000 people have benefited across England and Wales. The changes, which came into effect in December 2014, introduced more gradual increases in stamp duty rates. Under the previous system, the duty was a…

The government has announced plans to build 200,000 starter homes for first time buyers under the age of 40. It’s part of an overall plan to build a million homes by 2020. Ministers say the figure will be achieved by ensuring that 1 in 5 homes are starter homes on developments of more than 10…

Inheritance tax receipts are set to increase by more than 20% this year, according to the Office for National Statistics. The latest figures show that death duties are on track to bring in £4.6 billion in the 12 months to February. That compares with the £3.8 billion for the same period last year. Rising house…

A wife who claimed her husband tore up a will that left her nothing has lost her legal battle to inherit his estate. The case involved an elderly Ukrainian man who made the will in 2010, a couple of years before he died and one year after his second marriage. The will left his estate…

The government has announced funding for a series of housing zones that will provide thousands of new homes across the country. More than £6m is being made available to enable local councils to establish partnerships with private developers and speed up the development of brownfield sites. It’s hoped the project will help to deliver up…

More than 150,000 people have got on to the housing ladder through Help to Buy, according to the latest figures from the government. The statistics show that since the launch of the scheme in 2013: • more than 150,000 completions have taken place, with 80% having been made by first-time buyers • the average house…

The dispute over whether a woman’s estate should pass to her daughter or to a number of charities is to be settled in the Supreme Court. The case involved a woman who fell out with her daughter because she eloped with a boyfriend when she was 17. The daughter later married the boyfriend and now…