Retired Yorkshire couple Terry and Gail Beaumont have received a landmark compensation pay out for a faulty wind turbine which threatened their life savings when it failed to deliver on the manufacturer’s claims. The breakthrough case now paves the way for further compensation claims which could total millions of...
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Christopher Gupta Qualifies as a Solicitor
RLK would like to congratulate Christopher Gupta who has recently qualified as a solicitor following a two year training contract with Rubric Lois King. Christopher will continue his employment as an assistant solicitor in the firm’s litigation department.
Read moreProperty in 2015 – Know the market
As we enter 2015, many of us will be aiming to start afresh or make those life changing decisions in the New Year. Perhaps one of your goals for 2015 is to purchase your very first property? Here is some advice to help you take that next important step in...
Read moreStamp Duty Land Tax in respect of residential properties
In the Chancellor’s Autumn Statement it was confirmed that as of midnight on the 4th December 2014 the Stamp Duty Land Tax (“SDLT”) regime in respect of residential properties will change. The changes do not affect the SDLT regime in respect of commercial properties, and this will remain as before. Under...
Read moreCharitable legacies in wills
There are not many ways to avoid inheritance tax these days. The tax can be reduced but with more and more loopholes being closed it is becoming increasingly difficult to make savings. One method which still works though is to give a gift to your favourite charity. Under current legislation gifts to charities are free as long as they are recognised as legitimate organisations. Continue reading
Read moreNew intestacy rules – less need to make a will?
On October 1st the rules relating to intestate succession are changing. At present, if a man dies without a will his widow is entitled to his household chattels plus the first £250,000 of his assets. Anything over and above £250,000 is divided into two. The spouse has the right to the income from one half and the children share the other half outright. If there are no children and the estate is over £450,000 the widow has to share the estate with her husband’s other relatives such as the parents or brothers and sisters. Continue reading
Read moreCreating a Will – Make It Personal
When we think of wills, we presume the only thing they can do for us is state where we want our belongings and capital to end up. The fact is, you can write whatever you want in a will, from requesting that your ashes be spread across the Himalayas to sending your relatives on a long winded hunt for your hidden fortune. Continue reading
Read moreThe First Time Buyer Guide
If you haven’t ventured into the world of property buying before, it can be a little bit daunting. But, it doesn’t need to be with the right support and guidance. There’s no denying that buying your first home will incorporate a lot of paperwork and procedures as you deal with a lot of different people, so it’s important to get a good idea of what’s actually involved. Here are some of the basic steps to becoming a first time home owner. Continue reading
Read moreThe Whys and Wherefores of Making a Will
Who should make a will? Everyone! A will is the single most important document you will sign in your lifetime and it is vital to get it right. Currently around two thirds of the population die without making a will and the reasons for this are numerous. For some people...
Read moreInterest Rate Swaps – are they affecting your business?
Have you taken a business loan out in the last 10-14 years? You could be one of the many who have been affected by mis-sold Interest Rate Hedging Products (IRHP’s). Continue reading
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