The latest Wealth and Assets Survey carried out on behalf of the Institute for Fiscal Studies (IFS) claims that gifts and informal loans from family members have further skewed the pattern of home ownership in the UK. Between 2018 and 2020 annually funds and assets worth £17 billion were passed between family members, an increase…
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A two-year programme, backed by £200 million of government funds, has been launched with the aim of transforming the children’s care system. Under the plans vulnerable children will be given more support to stay with their families, using early intervention as a way of avoiding crisis actions later on. The proposals follow three independent reviews…
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A year-long pilot scheme began on 30th January to allow accredited journalists to attend and report on family court hearings, with the aim of increasing transparency and public confidence in the workings of courts. Three courts have been chosen to provide a mix of rural and urban cases – Leeds, Cardiff and Carlisle. The move…
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Jeremy Henderson, a south-London accountant, has been hit with a huge legal bill after selling his former home knowing (but not disclosing) that part of the garden was infested with Japanese knotweed. The former owner sold the property in Raynes Park to furniture designer Jonathan Downing for £700,000 in August, 2018. After buying the three-bedroom…
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There is currently no upper age limit on driving a car in the UK, and government figures show that there are around 5.6 million drivers who are over the age of 70. Once a driver reaches this milestone they must apply to renew their licence and continue to do so every three years thereafter. In…
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In the hectic few days before Christmas many of us will have missed this positive bit of news for the residential housing market. On 20th December the government announced that the Mortgage Guarantee Scheme will be extended for another 12 months until the end of December this year, instead of finishing on December 31st 2022…
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These days it is common to be greeted by a female solicitor when you have dealings with the law, but this would not have been the case 100 years ago. December 18th, 2022, marked the centenary of the first female lawyer being admitted to the Solicitors’ Role, when Carrie Morrison was allowed to join the…
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It’s easy for first time buyers to be confused and intimidated by the property buying process. First-timers buyers will naturally feel nervous, after all buying property is likely to be the biggest expense and financial commitment of their lives and such decisions should not be taken lightly. Many of the terms used in property buying…
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Amid all the gloomy talk about the cost of borrowing, the withdrawal of cheap mortgage deals, and the general state of the economy, we should remember that even in times of recession there are always people who need to buy and sell property. There may be many reasons for this – the death of a…
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Successive governments have introduced a number of incentives to assist first-time buyers in getting a foothold onto the housing ladder. Here we provide a summary of the schemes that are available at the time of writing and more information can be found on the Buying and Owning a Property Section of the government website. Current…
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