Thinking about updating your Will? Don’t do it on the back of an envelope!
When one of our clients decides to make a Will, they think through their options carefully. We discuss their wishes with them and advise them of their options. We then take their instructions and prepare a draft Will for their review. Once our client is happy that the...
NOW is an excellent time to sell your property
As we make our way into 2022, the property market has continued to outperform all expectations. Following the end of the first lockdown when the property market opened back up, it has taken off. There are no signs of it slowing down. We are also seeing many properties...
Have you fitted interlinked smoke alarms yet?
New legislation has come into force in February 2022. It requires every home in Scotland not only to have smoke alarms but to have interlinked smoke alarms. Whilst this legislation was created in 2019, it is only now coming into effect. Why was this legislation...
Trust Registration
For some time now some Trusts have had to be registered with the Inland Revenue on their creation, usually those which are immediately recognisable as such, like a Discretionary Trust, created either in a Will or by a lifetime Deed. This alerted the Inland Revenue...
What happens when a law firm goes out of business?
Recently, we have been approached by clients of another firm that had gone out of business. They asked us for help with their legal affairs. So, we thought we would discuss what happens when a law firm goes out of business. Recently, McClure Solicitors entered...
Can I pull out of buying a house if my offer has been accepted?
You’ve found the house of your dreams, submitted an offer and your lawyer has told you your offer has been accepted. However, something comes up in your private life preventing you from going ahead. You then need to know if you can pull out of buying a house if your...
How do I change my Will?
“Life happens” all the time. As we go through our lives, we experience many changes and significant events. Some of these are short, sharp shocks whilst others are life-changing. We often advise people to review their Will regularly and when we do that are often asked...
Is there a right time to set up a Power of Attorney?
Most of our clients think that you only need to set up a Power of Attorney when you become old. They never do define what “old” actually is. Despite this misconception, nothing could be further from the truth. As we go through life, there is always the risk of an...
Low Deposit Mortgage Scheme – 95% Mortgages making a comeback!
A new low-deposit mortgage scheme has now become available to homebuyers. Under the scheme, house purchasers need only provide a 5% deposit. The purpose of this new low-deposit mortgage scheme is to help those with limited resources onto the housing ladder. The scheme...
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