A number of my close friends are beginning to take their first steps on to the property ladder. The majority are purchasing with their partners but, as is becoming increasingly common, most have not walked down the aisle or uttered the phrase, "I do" before purchasing a property together. This is particularly disappointing for me as a wedding is always much more exciting than a house warming party!
Many unmarried couples still believe that if they live together for long enough, they will have the same rights and protection as married couples do. This is often known as the “common law marriage myth.”
Most people will have heard the good news in the budget announcement yesterday that stamp duty will no longer be payable for most first time buyers. This means a potential saving of up to £5,000 on the costs of buying a property, but what are the rules?
In 1837 the Wills Act was passed which still to this day governs the basic legal principles relating to Wills. Now, almost 200 years later the Law Commission have launched a nationwide consultation proposing to shake up the law relating to Wills to bring it up to date and in line with modern day society.
I have recently updated my will… I hadn’t bothered for ages even though the last one I did was seriously out of date and I now had my daughter. The thing that brought me up short was the realisation that if me and my husband had a fatal accident, how would our respective families know what our wishes were in respect of our daughter?