What is a consent order, and what purpose does it serve? A consent order is the legal document that sets out the terms of the agreed settlement reached between the parties in divorce proceedings. This could include your home, bank accounts (whether in joint or individual names), shares, other investments and pensions. It can also…
Many people might not be familiar with the terms “gazumping” and “gazundering”. Others may have heard of them but not really understand what they mean. Tthese terms are potentially extremely important when it comes to buying and/or selling property. In the recent past these terms have not been so prevalent, but in the current global…
A law firm has raised enough money to provide help for families to protect themselves from coronavirus and other diseases around the world and in the UK after writing wills for people living in Maidenhead. Colemans Solicitors LLP in Maidenhead raised £7,640 after taking part in Will Aid, a national campaign which invites solicitors to…
What would happen if you were to die today, or if you were suddenly incapacitated with COVID, or after a car accident or a stroke? How would those close to you pick up the pieces? More and more of our lives are conducted online, and this is starting to cause serious problems, and real distress,…
Even as lockdown measures continue to ease across England and the rest of the UK, many businesses have found that since March they have been unable to perform contractual obligations. Lots of examples spring to mind; private nurseries that had to shut down for a period of time and re-open on a reduced capacity basis,…
Stamp Duty Land Tax (“SDLT”) is a lump sum payment anyone buying a property or piece of land over a certain price has to pay to Her Majesty’s Revenue & Customs (“HMRC”). Chancellor Rishi Sunak today announced that, as a temporary measure, but with immediate effect, buyers won’t pay SDLT on the first £500,000 of…
The Chancellor, Rishi Sunak, has today announced that the Stamp Duty Land Tax threshold for a Stamp Duty liability on a purchase of a property will increase from £125,000.00 to £500,000.00 with immediate effect. The temporary Stamp Duty Land Tax holiday will last until 31st March 2021. At this time it is unclear as to…
In these uncertain times, many of us are turning our attention to our personal affairs. One important aspect of this is taking stock of our personal circumstances and making or updating Wills. Something which might have been low on the ‘to do’ list in our ‘pre-lockdown’ lives has suddenly become extremely important, especially as family…
This is a question that I have been asked numerous times over the past few weeks. The answer is dependent on if contracts have been Exchanged or not; if contracts have been Exchanged then generally “yes”, if they have not then generally “no”. In essence “no one is bound in a sale and/or purchase transaction…
The Covid-19 pandemic has had a significant impact on businesses and, therefore, a knock-on effect on commercial landlords and tenants. With many businesses having been unable to trade until now and some still closed indefinitely, the government has imposed restrictions on a landlord’s ability to take back its premises on the grounds of non-payment of…