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News

Over-60s failing to protect legacies if their children divorce

By cardelladmin | February 11, 2019

Most people over 60 are not taking the necessary action to protect the assets they leave to their children in their wills, according to new research.   The risk is that if their children divorce, some of the assets they’ve inherited from their parents could go to their ex-partner.   Research published in the Times…

New reservation agreements ‘could reduce house sale failures

By cardelladmin | February 4, 2019

The government is planning a new system for buying and selling homes that it hopes will reduce the number of failed transactions.   Currently, house buyers can have an offer accepted for the purchase of a home but then pull out at the last minute causing great inconvenience to the seller. The same problem can…

More than 450,000 homes sold to people using Help to Buy

By cardelladmin | January 28, 2019

More than 458,000 homes have been sold to people using one or more of the government’s Help to Buy schemes. Just over 400,000 went to first time buyers. Under the Help to Buy: ISA, the government will boost your savings by 25%. So, for every £200 you save, you receive a government bonus of £50.…

Court appoints deputy for patient unable to manage her affairs

By cardelladmin | January 23, 2019

The Court of Protection has appointed a deputy to look after the interests of a woman who lacked capacity to manage her property and affairs. The woman was 71 and prior to becoming ill, had not set up a Lasting Power of Attorney, which would have enabled her to appoint someone in advance to look…

New plans to improve service for home buyers, sellers and tenants

By cardelladmin | January 18, 2019

The government has unveiled plans to ensure home buyers, sellers, tenants, landlords and leaseholders receive the best possible service from property agents. A new working group, chaired by Lord Best, and made up of experts from across the property sector will consider areas that can be improved. This will include the case for regulation and…

Make sure your will writer is ‘qualified, insured and regulated’

By cardelladmin | January 14, 2019

More than six out of 10 people are unaware that will-writers who aren’t solicitors are unregulated and may have no insurance and very little experience.   The Wills & Probate Consumer Research Report 2018 shows that only 37% of adults have made a will. It says the wills ‘take-up’ is skewed towards older age groups…