Better property equity gifting rules to drive housing policy success, says equity release adviser
Overhauling the tax rules on property wealth gifting in the new Government’s first Budget can help over-50s to expand support for first-time buyers, equity release adviser Key Later Life Finance says. The UK’s new Labour government has set itself the target of building 1.5 million homes in five years – 50% more than the previous […]
Need for speedier legal work drives 82 per cent of lawyers to embrace AI
A majority of UK lawyers have adopted generative AI or have plans in motion, almost four-times the number seen in Summer 2023. Lawyers say delivering work faster is the biggest benefit of AI, yet it is prompting many to rethink the suitability of their pricing structure, according to a new report by LexisNexis. The survey […]
Reports on probate registry show improvement, but still long delays
This week, the latest data from HM Courts & Tribunals Service on the probate registry has been published. The statistics indicate improvements on average, but the long delays still show the lasting impact of inexperienced staff and reduced service standards. Commentary on the new data from Kirsty Limacher, Chief Legal Officer at The Association of […]