News by Judith Bleetman

About PWJ Solicitors

We have served generations of individuals and local businesses, providing comprehensive legal advice.

The Law Society - Conveyancing

02

Dec

2019

LPE1 – A Key Letter to Speed-up the Leasehold Sale Process

The LPE1 is a standard form which Landlords or managing agents will complete when a leasehold property is sold – including vital information for a prospective buyer such as: contact…

02

Dec

2019

CGT on Second Homes – Changes from April 2020

CGT – Second homes Anyone selling a property after 6 April 2020 will have to pay tax on any gain after within 30 days of completion – which is a…

31

Oct

2019

Valuation of Assets for Inheritance Tax

VALUATION OF ASSETS FOR INHERITANCE TAX   Valuation of assets accounts for a large part of the compliance checks by the Inland Revenue and therefore it is essential that the…

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New Rules for Registration of  Relevant Trusts and Declarations of Trusts Relevant Trusts in existence at 6th October 2020 (even if subsequently closed) must be registered with the new Trusts Registration Service by 1st September 2022 to avoid penalties and charges.  This rule also applies to relevant property trusts where the legal ownership position differs from the equitable ownership position; for example where a Declaration of Trust sits behind the Title with details of equitable owners such as where parents have loaned money to purchase a property and have their interest protected by a Declaration of Trust but are not named on the Title Register. Trusts formed after this date may also be subject to complex registration requirements. Please contact us if you are concerned that the above may apply to your Trust and would like advice or assistance with the process.