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News

Estate agents to be ‘professionalised’ to improve housing market

By Lambert Pugh News Team | May 22, 2018

The government says it wants estate agents to become “professionalised” as a way of improving the housing market and reducing the number of sales that fall though each year. Ministers say delays and complications during the process of buying or selling a home can cause unnecessary financial and emotional stress to customers. This uncertainty can…

Son fails to overturn father’s will to inherit extra land

By Lambert Pugh News Team | May 15, 2018

A businessman has failed to overturn his father’s will, so he could inherit farming land and other substantial assets. The High Court heard that the father had built up a farming and haulage business during his working life and acquired several parcels of land. The son worked for the business and lived for free in…

Tax on empty homes could be doubled to boost housing market

By Lambert Pugh News Team | May 8, 2018

The government is to give local authorities the power to double council tax on homes that are left empty for long periods. It’s hoped the move will bring more properties back into use and ease the pressure on the housing market. The new legislation will allow councils to charge double the rate of Council Tax…

Special ‘home inheritance tax allowance’ rises by £25,000

By Lambert Pugh News Team | May 1, 2018

The main residence inheritance tax allowance has by risen £25,000, reducing the death duty burden for thousands of families. The allowance was introduced in April last year and was set at £100,000. In April this year it rose to £125,000 and will rise to £175,000 by 2020. It only applies to a person’s home, not…

Widow granted £400,000 instalment from husband’s estate

By Lambert Pugh News Team | April 18, 2018

A woman has been granted an interim instalment from the estate of her deceased husband to ease her financial struggles. The woman had been married to a wealthy businessman. When he died, she sought to administer his estate. However, the deceased man’s son from his first marriage began proceedings to replace her as the administrator.…

Government to create a new generation of town houses

By Lambert Pugh News Team | April 11, 2018

The government plans to create a new generation of town houses by making it easier to develop existing buildings. Housing Secretary Sajid Javid says the changes will ease pressure on valuable open spaces and help growing families who live in built up areas. Under the changes it will be easier to build upwards on existing…