The UK Government's proposed reforms to leasehold ownership, are among the most significant changes to England's property market in decades. We share our thoughts, as professional valuers, regarding how we believe this leasehold reform could affect the value of … [Read more...]
Determining the Value of Property Fairly
Determining the value of property fairly, is an essential step in distributing the assets in a deceased estate. A building and the land on which it stands, is likely to be the most valuable possession the deceased left behind. We share the factors determining how much a … [Read more...]
Inescapable Importance of Accurate Valuations
We wrote this article about the inescapable importance of accurate valuations, because they matter more than many people realize. Value affects how much tax we pay, what we can claim from insurance, and how fairly we share our assets upon death. Put simply, if values … [Read more...]
Property Valuations by RICS Surveyors
Accurately assessing property is essential for executors distributing the assets in a deceased estate. Land and buildings are often the late person’s most significant wealth. Moreover, their value usually dictates whether inheritance tax is due, or not. Property … [Read more...]
The Chain of Property Ownership in Estates
Most property transactions in England and Wales appear in the UK Land Registry, although registration is not mandatory. Executors may have to look elsewhere, especially in the case of older transactions. Following the chain of property ownership in estates may lead to … [Read more...]
The Loose Gear in Your Estate
Did you ever wonder what will happen to the loose gear in your estate, after you pass on? One thing's for sure though, your heirs will scramble for the valuable items, unless you make your intentions clear. We describe how to avoid confusion, and make life simpler for … [Read more...]
Fixtures Chattels and Commercial Leases in UK
Fixtures, chattels and commercial leases may form part of a deceased estate, if the departed owned and rented out business premises, or was a commercial tenant. In either instance, a commercial lease should govern rental conditions applying to the office, retail space, … [Read more...]
Property and The Matter of Probate
Property means different things to different people in the popular vernacular. However under English probate law, the term refers to the things we possess. That ownership follows us to the grave, so to speak. This brings us around to property and the matter of … [Read more...]
Changing Property Probate Value After Tax
Today we share thoughts of what happens, if we decide to adjust the value of a property after settling capital gains and inheritance tax. This amended value may increase, or decrease the initial assessment, requiring us to contact the HMRC tax office and explain the … [Read more...]
Property and The Matter of Probate
Property means different things to different people in the popular vernacular. However under English probate law, the term refers to the things we possess. That ownership follows us to the grave, so to speak. This brings us around to property and the matter of … [Read more...]
