Stamp Duty Revenue Slumps 24% as High-Value Properties Dominate Receipts
Cornerstone Tax unveils 26% of Brits unable to afford property due to stamp duty costs, while 15% of landlords are selling up amid rising costs David Hannah, Group Chairman of Cornerstone Tax, discusses the impact of changing stamp duty thresholds will have on the UK’s suffering property market The UK government has revealed that Stamp Duty […]
Engaging with Clients Through Will Bank Management
Stephen Rimmer Solicitors LLP is a full service law firm offering support to businesses and individuals with offices in Eastbourne and Hastings. Based in the high streets of the local community, the team of over 100 staff are always available to support clients with their legal requirements. This year, Jo Osman, Private Client Assistant at […]
Mortgage Lending data shows value of outstanding mortgage balances
The latest Mortgage Lending data from the Bank of England and FCA shows that the value of outstanding mortgage balances with arrears is 18% higher than a year earlier and has risen to £21.9 billion, albeit this has declined by 0.4% compared to the previous quarter. New mortgage arrears cases (as a proportion of total outstanding […]
New data reveals most common AML red flags
New data from client due diligence platform Thirdfort reveals that one fifth (22%) of red flags in completed Source of Funds (SoF) verification are raised for because the buyer has no mortgage, followed by buyers receiving a gift. Having completed around 20,000 SoF verifications via the Thirdfort app every month, the firm can see the […]
Crisis in hospice care as assisted dying debate intensifies
Hospice leaders in England have raised alarms over a mounting crisis in palliative care, with about 300 inpatient beds currently closed or out of use, as reported by The BBC. They attribute the closures to chronic underfunding and a severe shortage of staff, with only a third of hospice funding coming from the NHS. The […]
Traditional vs. modern methods of property auction: A divided landscape
While traditional and modern auctions share some principles, their execution and implications differ, often sparking debate among industry insights. Traditional auctions have long been a cornerstone of the property market, particularly for probate properties. Nick Kalms, Co-Founder and CEO of Probate Auction, emphasises the relevance of traditional auctions. He said: “Traditional auctions via live stream […]
Petition for bereavement education in schools to be debated in parliament
John Adams, a funeral director from Bridgnorth, Shropshire, has successfully campaigned for his petition to introduce bereavement lessons in schools to be debated in Parliament on Monday. The petition, signed by more than 11,300 people, calls for age-appropriate lessons on death and loss to be added to the school curriculum for children transitioning from primary […]
Refuge shares survivor stories during #NoExcuse 16 Days of Activism campaign
Refuge, the largest specialist domestic abuse organisation in the UK, is marking 16 Days of Activism against Gender-Based Violence by shining a light on survivor experiences and reiterating that there is no excuse for abuse. The 16 Days of Activism against Gender-Based Violence, an international campaign led by the UN, is commencing on 25 November. […]
Solicitor’s charity event
St Paul’s Church, Covent Garden, London, also known as the Actor’s Church, held its annual Advent Service on 8th December with hundreds in attendance. The service featured a range of classic carols and some choice favourites of the 30-strong choir, like Gabriel’s Message, a Basque Folk carol. All were welcomed to this service on a […]
Rise in Will Disputes Highlights Growing Challenges in Estate Planning
The number of disputes over wills and estate divisions in England and Wales is climbing, with over 10,000 cases reported annually. A recent report from The Guardian noted a 5% rise in court claims related to contested wills between 2023 and 2024, a trend that shows no signs of slowing. Experts from B P Collins’ […]
