For retired property owners’ Equity Release can appear a simple option to obtain a large tax free sum of cash currently tied up in the bricks and mortar of their home. However, as with all major financial decisions, professional advice should be sought to ensure that the chosen scheme is the right one for you.
A new fund is being created to help speed up the delivery of thousands of new homes across England. Housing Secretary James Brokenshire says the government is entering into a partnership with Barclays Bank to provide £1 billion of loan finance to help support small and medium sized developers. Support, ranging between £5 million to £100 million
An employer who told a woman that sexual advances from a Spanish colleague were just cultural differences has been ordered to pay her £24,000 compensation. The woman, who has not been
A woman who felt victimised after being accused by her boss of faking anxiety and depression to get a big pay-out has been awarded £8,000 compensation. The case involved Melanie James who started working for Capital Care Service in 2016 as a credit controller. She signed off work sick in March 2017 and was diagnosed with symptoms of anxiety and depression. As part of her treatment, she began to see …Read More
More than 120,000 first-time home buyers have saved a total of £284m because of the cuts to stamp duty introduced last November, according to government figures. The first £300,000 of the price of a property is now exempt from tax for people entering the housing market for the first time. It means that the new stamp duty cost for first-time buyers is: • properties up £300k, no stamp duty • properties between …Read More
A wealthy businessman has left millions to the charity Oxfam after inserting a common tragedy clause into his will. Richard Cousins died along with his two sons, his fiancé and her daughter when their plane crashed in Australia on New Year’s Eve. Mr Cousins, who was the chief executive of the Compass Group, had made provision in his will for what should happened if all his immediate family died in …Read More
The National Landlord’s Association (NLA) has criticised government proposals to introduce 3-year minimum tenancies. Ministers say 3-year tenancy terms, with a 6-month break clause
The High Court has settled a dispute between two brothers after one accused the other of using undue influence to persuade their mother to leave him her house in her will. The case involved an elderly woman who moved in with her son after her husband died. However, she later wanted to move back to her own home in Cornwall. The house needed significant repairs, so she decided to transfer …Read More
Barclays bank has been held liable for sexual assaults committed by a doctor it hired to carry out medical examinations on employees.
A woman who was dismissed amid confusion over whether two of her male colleagues had mistakenly drunk some of her cystitis medication has been awarded £19,000 compensation