Legislation is due to come into force on 1 June 2019 introducing new protections for most residential tenants in the private rented sector in England under the Tenant Fees Act 2019 (“TFA”). The new legislation will apply to all new tenancies with a grace period for compliance of 1 year for existing tenancies. The purpose…
On 9th April, the Government announced plans to reform current divorce law with the aim of reducing family conflict. Currently when applying for a divorce, only one party can make the application (the Petitioner). In the application, the Petitioner will need to state that the marriage has broken down irretrievably and rely on one of…
Nowadays many people have second marriages where their new partner already has children, some of whom are adults. If you have a step-child and you have not formally adopted the child, then they will not automatically inherit your estate when you pass away. This is particularly important where the step-child is of adult age and…
It is always sad to read that anyone is separating or divorcing. The singer and song-writer Adele is now subject to much press attention and speculation, and no doubt many will focus on her considerable wealth and the potential claims that her husband might have. Whatever the actual wealth of Adele, it appears that there…
The short answer to that question is . . . not yet. In November’s newsletter, I wrote an article warning that the Government was about to bring in a massive increase to the fees charged to obtain probate. The proposed changes will increase probate court fees from the current cost of £215 (or £155 if…
Barrett and Co can offer you advice on how to reduce your inheritance tax bill…please get in touch As the end of the tax year draws to a close we take this opportunity to remind you of annual gift exemptions that you may want to quickly take advantage of, or plan for the new financial…
Here at Barrett & Co we have been donning our celebrity smiles and getting comfortable in our director’s chairs to bring you some useful videos on the services we offer. The below links are just an initial insight into the matters we can assist you with from a few members of the team, which we…
The process of acquiring land through adverse possession is where a person who is not the legal owner of land can become the legal owner by having possession of it for a specified period of time. There are two procedures by which adverse possession may be claimed. Under the ‘old rules’ which apply to both…
Barrett and Co has an experienced Conveyancing team…here’s the latest article on Searches…. When purchasing a property, searches are an important part of the transaction. Searches give the purchaser and lender, if appropriate, further information about that property and the surrounding area. There are three main searches that conveyancers tend to obtain on a purchase,…
Historically, buyers involved in purchasing a property would finance the same with a deposit from their own savings and a mortgage supplied by a lender who were traditional banks and/or building societies. In recent years a more common feature is when purchasers are given financial assistance by their parents and/or other family members due to…
