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Growth in value of UK homes to remain subdued amidst Brexit uncertainty

According to Britain’s leading mortgage provider Halifax, property prices in the UK have taken a hit this March by decreasing as much as 1.6% compared to the previous month. Reports suggest that London is being particularly affected by the fall in house prices. These statistics are at odds with the first quarter of 2019 when […]

The rise of the 40-year mortgage

It is expected to become increasingly common for British property owners to be repaying mortgages well into their retirement as statistics now show that over half of all mortgage products can be taken out over a 40-year term. In fact, recent research carried out by Moneyfacts, a British financial information company, has shown this figure […]

Time to look after who will be guardian of your children

Home insurance – done; car insurance – done; guardians for children – not sure what to do… Sounds familiar? It can be daunting to think about, but appointing guardians for your children is important, and ­easily done in your will. Usually this will be a relatively straightforward discussion between parents, with both agreeing on who […]

Welfare MATTERS – March 2019

In this edition we hear from some of our team about applications for Guardianship (which are required when somebody is unable to manage their own affairs and they have not granted a Power of Attorney) and what you can do to ensure your wishes are taken into account when decisions are being made about any […]

Commercial property sale – the benefit of instructing a solicitor early

We have been instructed in a few sales of commercial property recently for individuals and large organisations, both for Scottish and English based clients, where we have not been told about the sale in advance.  This can lead to delays, or more serious problems.  What needs to be done before a commercial property is marketed?  […]

New rules for reporting gains on sale of second homes

From 6 April 2020, UK residents disposing of UK residential property will have new capital gains tax (CGT) reporting and payment obligations. At the moment, any capital gains tax due on the disposal of any asset is collected by 31 January following the end of the tax year of disposal.  For example a disposal in […]

B+M fundraising for Scottish SPCA

Staff from the Aberdeen office have been actively raising funds by participating in a series of arduous and some slightly more sedate and leisurely pursuits for its nominated charity of the year, The Scottish Society Against Cruelty to Animals.  Around £1700 was recently handed over to the charity which was raised from a number of […]

Scottish Taxes

A number of recent surveys have shown that a large proportion of the public do not have a clear understanding of the UK tax system and most Scots do not understand what taxes have been devolved to the Scottish Government.  The tax profession is tasked with helping to explain how the tax system operates to […]

The UK Tax System

A number of recent surveys have shown that a large proportion of the public do not have a clear understanding of the UK tax system and most Scots do not understand what taxes have been devolved to the Scottish Government.  The tax profession is tasked with helping to explain how the tax system operates to […]

Scottish property prices – How are they faring?

With Brexit fast approaching and the economic uncertainty it entails, it may be many people’s first assumption that Scottish property values will be taking a serious hit. However, this expectation has been proved wrong by recent figures coming from the residential property industry, The Edinburgh Solicitors Property Centre, which lists homes for sale in Edinburgh, […]