When somebody passes away, their estate becomes subject to either selling or transferring ownership. The specifics of how this is done can depend on certain individual factors. If the person were a joint tenant, the other tenant would immediately claim their share. This is known as the Rule of Survivorship. […]
3 Reasons You Need Deeds of a House
Repurposing Abandoned Properties: What You Need To Know
Understand Tax As A Property Investor And Developer
Managing the Impact of Capital Gains Tax Following a Property Sale
In identifying ways to cover the considerable costs brought about by the pandemic of 2020, Chancellor Rishi Sunak has suggested a substantial raise in the amount of tax levied on capital gains. Higher-rate taxpayers will be amongst those who are hit hardest, if this report is to come to fruition. […]
What Is Stamp Duty Land Tax (SDLT)?
SDLT Holiday Announced
Positive news coming out of the Houses of Parliament today as Chancellor Rishi Sunak raises the threshold for paying Stamp Duty from £125,000 to £500,000 on property until March 2021. Here what the experts have to say… Tim Hyatt, Head of Residential at Knight Frank, commented: “Moving house has a […]