A significant increase to Probate fees is set to take effect in April 2019 If you are named in someone's Will as an Executor, you may have to apply for Probate when that person dies. This is a legal document which gives you the authority to share out the Estate of the person who has died according to the instructions in the Will. Probate fees must be paid up front, before the Grant of Probate can be issued. The current cost of applying for Probate when using a solicitor is around £160.
Taking out a new commercial lease may be exciting, as it may widen up opportunities for one’s business. It may also be a risky and potentially onerous move if the proposed terms are not carefully examined. To avoid unnecessary stress and expense, the tenant must fully understand its responsibilities under the lease. Leaving rent payments aside as they are self-explanatory, it is worth looking at repairing covenants.
Whether you are a seasoned property investor or you are selling your property for the first time, one of the most important documents you will have to fill in during the process is the Property Information Form.
Since October 2015, landlords have been subject to stricter regulations when it comes to supplying their tenants with certain pre-tenancy information. Unfortunately, there are many landlords who are still not aware of these requirements and their omission can cost them the ability to evict their tenants.