Private Client Issues – April 2019

Posted by Helen Bunker, 11th April 2019
Welcome to this month’s edition of Private Client Issues, Blake Morgan’s monthly round-up of the topics you may find of interest. Insight and advice on developments affecting private individuals.

Concessionary purchases with the Bank of Mum and Dad

Our SDLT expert looks at a scenario involving the bank of Mum and Dad and concessionary purchases. This is information that will be very useful for first-time buyers.

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The commonhold revolution

In December 2018 the Law Commission published a Consultation Paper on commonhold reform: Reinvigorating commonhold: the alternative to leasehold ownership. We examine in more detail.

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Does time standstill?

A High Court decision renders the use of standstill agreements as inappropriate for “out of time” Inheritance Act claims. Find out more about what you need to know about probate.

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Bank of Mum and Dad: University Purchase

Our experts take a look at issues arising where parents buy a property whilst a child of the family is at university.  SDLT, income tax, capital gains tax and inheritance tax are considered for various ownership structures, including trust arrangements.

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BM Life Stages reports

Receive the benefits of a full service law firm with our three downloads and expert advice, guiding you through the various stages of your private and business life.

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If you are impacted by any of the above topics or you would like further information on how we can help you, please contact your usual Blake Morgan adviser.

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