On August 1, The Bank of England cut the base rate from 5.25% to 5%, the first reduction in interest rates since March 2020. The rate had stood at 5.25% since August 2023, having undergone 14 consecutive rises from December 2021, when the rate was 0.1%. Companies’...
The Labour government has recently proposed changes to property law, aiming to address long-standing issues in housing affordability, tenant rights, and market stability. Strengthening Tenant Protections One new property law is enhanced protection for tenants. Labour...
The only certainty is uncertainty. With Labour leading in the polls and a general election around the corner on 4th July 2024, landowners are unclear what changes in inheritance tax policy a change in government could bring The Shadow Chancellor pledged several years...
Agricultural Property Relief (APR) is a relief from inheritance tax. As long as the provisions for the relief are met, APR reduces the tax liability of gifts of agricultural property by reducing its agricultural value. Regardless of whether the gift is made inter...
A new direct service courtesy of HM Land Registry is hoping to save both clients and conveyancers hours by directly updating lenders about applications. The service allows lenders to monitor the progress of their mortgage registration. Currently, HM Land Registry...
