Firstly, we’d like to thank all of our clients for helping us follow government guidelines over the last 12 months. We think that we can all agree, that restrictions have not made life easy, and we can’t wait for everything to return to normal. However, despite the easing of coronavirus safety restrictions on 19 July,…Continue reading
Category: News
Wosskow Brown News
A Win for the Leasehold Campaigners
The ongoing saga in the leasehold sector has just seen another plot twist, and this time it’s good news for leaseholders. Leasehold – What Does It Mean? As a leaseholder, you own a lease that gives you the right to use the property how you wish, within the parameters set out in the lease. However,…Continue reading
Stamp Duty Land Tax Holiday Deadline
On Wednesday 30th June, the Stamp Duty Land Tax holiday will start to phase out, with the threshold of £500,000 coming to an end. Buyers Rushing to Complete Transactions The Stamp Duty holiday has been saving people up to £15,000 on their housing purchases. The usual threshold is £125,000 but during the holiday, buyers have…
Deadline is Approaching for EU Citizens to Apply for to Stay in the UK
EU citizens who live in the UK have until the 30th of June 2021 to apply for the European Settlement Scheme (EUSS) to remain in the UK. However, after the deadline, immigration enforcement officials are going to be giving EU citizens living in the UK a 28-day warning to apply to remain. Settled Status Remember…Continue reading
Professional Indemnity Insurance Market Toughest It’s Been for 20 Years
The Covid-19 pandemic has resulted in some bad news for practicing solicitors, as the market for professional indemnity insurance has become the hardest it’s been for the past two decades since demutualisation in 2000. What is Professional Indemnity Insurance? Professional Indemnity Insurance (PII), is a policy in place to protect professionals, such as solicitors, against…Continue reading
Home Movers Responsible for Mortgage Loans Rocketing
The first three months of this year has seen a new record number of mortgage loans given to a certain group of people; home movers. Non-Stop Mortgage Loans Market Catalysed by Home Movers The market has seen somewhat of a U-turn in the past year, with the first lockdown causing a crash in the property…Continue reading
Loss of Legal Representation is a Risk in new Whiplash Reforms
As of 31st May 2021, the Personal Injury industry has seen a massive shake-up, meaning that we (along with all other solicitors) will not be able to help people with smaller, low impact Road Traffic Accident (RTA) claims. Official Injury Claim The changes in the industry’s processes come as a new online portal, Official Injury…Continue reading
Are We Really Ready for Self-Driving Cars?
Automated Lane-Keeping Systems (ALKS) would be the very first type of ‘self-driving’, hands-free method of driving to be legalised in the UK, according to the Department for Transport. This jaw-dropping technology can control the speed of a car up to 37mph (60km/h), as well as the position of the car in a single lane. The…Continue reading
House Builders Told to Stop Raising Ground Rent
The Competition and Markets Authority (CMA) recently warned house builders Countryside and Taylor Wimpey that they could face legal action if they don’t remove their ‘unfair’ leasehold contract terms in relation to raising ground rent. The UK watchdog expressed its worry that house builders could be in danger of breaching consumer protection law. Another two…Continue reading
5% Deposit Mortgage Scheme Launched
The government’s 5% Deposit Mortgage Scheme, which was announced in the Spring Budget, is now underway, helping first-time buyers onto the property ladder. How will the 5% Deposit Mortgage Scheme Work? It is designed to help people buy a home despite struggling to put down a deposit. The lower required deposit will help people in…Continue reading