Most newbuild homes will in future be sold as freehold, while leases will be capped at £10. The new measures are part of a government clampdown on unfair practices in the housing market. Communities Secretary James Brokenshire has launched a consultation on plans to improve the leaseholder sector, which will bring an end to the
Lord Lexden wants a change in the law to allow siblings who live together to have the same inheritance tax exemption as married couples and people with civil partnerships. Inheritance tax is set at 40% and becomes payable once the tax-free threshold of £325,000 has been passed. The exemption for married couples and civil partners
The government has continued its crackdown on unfair letting fees by announcing that tenants in the private rented sector will no longer be forced to pay excessive fees for minor damages, The announcement is part of the Tenant Fees Bill and is a further measure to bring an end to costly fees imposed by a
The government is drawing up plans to end the ‘blame game’ for separating couples, which often sees one partner accusing the other of unreasonable behaviour to get a quick divorce. There are currently five reasons for being granted a divorce by the courts: adultery, unreasonable behaviour, desertion, two years separation if both agree to the
A new fund is being created to help speed up the delivery of thousands of new homes across England. Housing Secretary James Brokenshire says the government is entering into a partnership with Barclays Bank to provide £1 billion of loan finance to help support small and medium sized developers. Support, ranging between £5 million to
Most people in the UK are putting their future well-being at risk by neglecting to make legal preparations for their old age, according to a new report. The research shows that Britain is experiencing a ‘dementia crisis’, with an estimated 13 million people unprepared for the possibility that they may be suffering from some form
Working parents who lose a child will soon be entitled to claim parental leave. The new Parental Bereavement Leave and Pay Act will give all employed parents the right to two weeks’ leave if they lose a child under the age of 18 or suffer a stillbirth from 24 weeks of pregnancy. Employed parents will
The High Court has settled a dispute between four siblings who couldn’t agree over the sale of their parents’ house. The issue arose after the parents died having left their family home in equal shares to their four children. The parents had expressed a wish that if one the children wanted to continue living in
Two sisters have been allowed to correct an error in a family trust that would have prevented them from benefiting in the way intended when the document was drawn up. The sisters were aged 58 and 56. When their mother died in 2005, they had inherited equally her 50% share of the house that she
Tenants and leaseholders can now access official guidance on their rights when renting their home. The online rental guides, published by the Ministry of Housing, Communities and Local Government, are part of a continuing crackdown on poor practice by a minority of landlords and agents in the private rented and leasehold sectors. The Citizens Advice