News archive: January 2021

  • Posted on January 25, 2021
    If your partner, a parent, or another close relative is losing their ability to manage their own affairs, then you may be concerned about how much you can help, particularly where financial matters are concerned.
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  • Posted on January 21, 2021
    QualitySolicitors Parkinson Wright's initial enquiries team will provide you with a quote for your sale and/or purchase and will advise you of all the information that the conveyancing team will require to help get your transaction off to a good start.
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  • Posted on January 20, 2021
    Debt recovery is a sensitive subject at the moment given the ongoing difficulties being caused by the coronavirus. The Government is urging creditors to show restraint in order to avoid a tsunami of otherwise viable businesses being sent to the wall. However, with no end to the pandemic in sight, and Brexit poised to make trading conditions harsher for some, it is important that the thorny issue of debt recovery is addressed and tackled effectively.
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  • Posted on January 15, 2021
    ‘If your business is struggling and you lease your premises, it might be tempting to simply hand back the keys and walk away from your lease,’ says Jeremy Redfern, Partner and commercial property solicitor with QualitySolicitors Parkinson Wright.

    ‘However, ending your obligations under a lease is not that simple! While there are several ways to approach this, there are numerous pitfalls and the right negotiation tactics will be crucial, so you should speak to your solicitor as soon as possible.’
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  • Posted on January 14, 2021
    Is your business ripe for more growth? Do you have the team that can take your business to the next level? Or do you want to take a step back and reap some of the rewards of your efforts? If continuity is important to you, then a management buy-out (MBO) or a management buy-in (MBI) might be an appropriate avenue to consider.
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  • Posted on January 12, 2021
    ‘An Englishman’s home is his castle’ is a familiar phrase with its origins in the 16th century, where it was widely accepted that no one should have the right to interfere with the use and enjoyment of a person’s property except in very limited circumstances.
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  • Posted on January 12, 2021
    Millions of leaseholders are set to be given a new right to extend their lease by 990 years with a zero ground rent according to Housing Secretary Rt Hon Robert Jenrick’s announcement on 7th January 2021. This is a significant increase on the current statutory right which grants just 90 years to the existing unexpired term.

    These changes could save households thousands of pounds, whilst significantly improving the value and marketability of properties.
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  • Posted on January 6, 2021
    If you are coming out of a relationship, whether you were cohabiting, married or in a civil partnership, you may be asking if you need to formalise that separation. A separation agreement is a formal contract which can be agreed between you and your former partner to determine the division of your financial assets and responsibilities.
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  • Posted on January 5, 2021
    2020 was a tumultuous year with employers having to respond rapidly to the challenges of the pandemic. Culturally the world has shifted too, with the Black Lives Matter movement bringing momentum to improving equality and diversity at work. The end of the Brexit transition period on 31 December 2020 means an end to free movement and has implications for UK employment law.
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