House prices are beginning to rise as we ease out of lockdown commensurate to the growth observed in recent pre-Covid times. There was nearly half as many more inheritance claims in the High Court last year compared to the previous year. People have been alerted in this regard due to a few proceedings that have been well publicised.Share This:-
No-fault divorce removing all elements of blame from the process is almost a reality.
The Divorce, Dissolution and Separation Bill that has recently passed through the House of Commons will enable couples to have a no-fault divorce when it comes into force next Autumn. Final amendments are now being considered by the House of Lords.Share This:-
A lessee wanted to refurbish her flat that involved heavy structural work that could possibly have damaged the building (i.e. more than usual refurbishments for which permission would have needed to be sought from the landlord and cannot be refused if reasonable). She was given permission by the landlord to do so. A neighbouring lessee objected saying the landlord had no right to give permission for such onerous work without the consent of all of the lessees and the Supreme Court agreed.Share This:-
Self-isolating abuse has been blamed for the spark in divorce enquiries that we have been receiving since the start of the lockdown. Child custody battles have also featured strongly recently due to the isolation pandemonium. Abuse need not only be physical. Calls for the renegotiation of divorce settlements are now being answered as the downturn in finances hits home.Share This:-
Travel, transport and retail organisations have contacted solicitors for preliminary discussions in view of their poor or non-existent trading environments. Restructuring, the raising of funds and reapportionment of debt are the services sought to stem the cash bleeds. Other sectors are forecast to follow suit as social distancing and lockdowns rise.Share This:-
Company shares are often forgotten about when negotiating financial settlements to a divorce alongside the broader issue of pensions. This can obviously be a crucial income stream if only one party provided the family income. Pensions are usually divided equally. You need to re-institute legal proceedings if you forget this valuable asset!Share This:-
A fairly good demand for premium office space exists in London in the days leading up to Brexit, on the 31st January 2020, since the Conservative win in last month’s general election. However tenancy agreements have yet to be fully negotiated. A large surge in refurbishment and building has been forecast by commentators for the first six months of this year.Share This:-
London is first for commercial property investments followed by Paris largely due to the expanding tech sector.
The UK restaurant sector however is facing uncertain times with nearly 1500 insolvencies in the year to July due to the large volume of establishments, poor customer attendance and increasing costs.Share This:-
Property prices in prime central London have recovered to that seen a year ago. Gazumping is also on the increase due to competition.
Mayfair has seen the largest increase in residential sales whilst losing the biggest number of commercial tenants to the City.Share This:-