What’s Changing with Stamp Duty? In April, major changes to stamp duty will come into effect. Currently, first-time buyers pay no stamp duty on homes valued up to £425,000, but this threshold will soon drop to £300,000. These changes will still offer first-time buyers a reduced tax burden, potentially saving thousands on homes within the…
DetailsAs we enter the new year, it’s the perfect time to think about securing your future, not just through fitness goals or financial planning, but by ensuring your health and wellbeing are protected, too. One often overlooked but crucial legal document to consider is a Lasting Power of Attorney (LPA). While many people focus on…
DetailsAs a landlord, staying informed about legal changes is crucial to your success in the property market. Rob Greensmith, a lawyer at JMP Solicitors, explains the implications of the proposed changes to Section 21 notices and offers advice on how landlords can prepare for the future. What is a Section 21 Notice? A Section 21…
DetailsAs a landlord, you’re not just collecting rent, you’re building a property portfolio and creating a legacy for the future. But making a Will is something that often gets overlooked. It’s one of those things that many landlords put off, assuming everything will just work out. Kerry Davey, a solicitor at JMP Solicitors, explains why…
DetailsA property chain refers to the order of buyers and sellers linked because their transactions depend on one another. For example, a person selling their house may need to buy another one, while the buyer of their house is also selling their own home. This creates a chain of sales. These chains can be vulnerable,…
DetailsFacing Long-Term Disability: Ensuring Lifelong Support with Expert Care Long-term disability is a situation that many hope to avoid, but for some individuals, it becomes a reality they must confront. When a serious injury or chronic illness affects your ability to work and live as you once did, the journey forward can seem daunting. During…
DetailsWhen someone passes away without a Will, it’s called dying intestate and the consequences can be more complicated than many people realise, especially for married couples. Kerry Davey a solicitor at JMP solicitors explains that there is a common belief that the surviving spouse or civil partner automatically inherits everything, but that’s not always the…
DetailsAs 2024 approaches its final quarter, the residential property market is undergoing a transformation that’s crucial for anyone looking to buy or sell a home. Sharon Galley, Head of Property at JMP solicitors explains the key trends shaping today’s real estate landscape and what they mean for you. Rising House Prices and Interest Rates House…
DetailsWhen purchasing residential property in the UK, one of the key questions your solicitor will ask is whether the property is leasehold or freehold. Each type of ownership carries different rights, responsibilities, and potential legal challenges that buyers should be aware of before deciding to proceed with the purchase. Sharon Galley, Head of Property at…
DetailsBoundary disputes between neighbours can quickly turn into heated conflicts. These issues are often complex and emotional, requiring a good grasp of property laws for a smooth resolution. Robert Cox, a Solicitor at JMP Solicitors, discusses boundary disputes, their common causes, and how legal experts can help achieve fair outcomes. What is a Boundary Dispute?…
DetailsAlongside the enjoyment of cycling comes the reality that, unfortunately, accidents and serious injuries can happen. Whether it’s a collision with a vehicle or a hazardous road condition, cycling accidents can have devastating consequences on physical and mental well-being. Cycling Accident Statistics and Risks According to statistics from Brake, a road safety charity, the number…
DetailsEnsuring that every business owner has a plan in place for the future of their business is crucial, especially in the unfortunate event of their demise. Drafting a business Will is essential for honouring your wishes and maintaining control over the future of your business. Kerry Davey, a solicitor at JMP Solicitors, explains the key…
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