In this article we discuss the process of dealing with an Environmental Contamination. Continue reading →
If you are considering a professional negligence claim, there are a number of things outside of financial considerations you might want to think about before proceeding.
This is because winning your professional negligence claim and ensuring maximum financial compensation may not necessarily be the overriding imperative.
For example, in many cases preserving and nurturing relationships may be of at least equal importance to securing settlement. Fortunately, however, it does not have to be an either/or situation; sometimes it may be possible to preserve the fundamentals of a successful relationship while also ensuring financial settlement from the professional’s indemnity insurer.
Shared ownership on the River Thames is now an option for a few Londoners – all of whom are likely to be first-time buyers – with the development of flats at an exclusive site on the Greenwich Peninsula.
The Platinum Riverside apartment block initially went on sale around two years ago and attracted buyers from destinations as far afield as China, Russia, UAE, Hong Kong and Singapore. Now, in line with housing rules, the developers, Bellway Homes, are now offering first-time buyers on incomes no greater than £50,000 the opportunity to buy into a shared ownership scheme.
The Conveyancing Association recently convened with lenders with the aim of looking at how it could expedite the property transaction process.
Those present discussed a number of the issues currently most pertinent to the residential conveyancing process. These included the impact of regulation, the difficulties of delays, and how to bring consistency and uniformity to the process.
“The event was extremely successful and we are making great progress. This is clearly something lenders are interested in engaging with us on and we are really looking forward to our continued work together as well as reaching out to other lenders who would like to be involved,” commented Eddie Goldsmith, chair of the Conveyancing Association.
One thing that professional negligence solicitors must do if they are to avoid potential liability for professional negligence claims is to follow the correct protocols.
Yes, even professional negligence lawyers sometimes come a cropper themselves and if protocols are not followed they risk incurring cost penalties or having cases thrown out before they are even able to reach court.
Fortunately, for any professional negligence lawyer worth his or her salt, the procedures are clearly laid out in the various pre-action protocols which were introduced by the Civil Procedure Rules (CPR) of 1998.
Bircham Dyson Bell, a London-based law firm that “provides creative, practical and cost effective solutions”, has instructed RPC to fight its corner in a property professional negligence claim brought by Harding Homes.
Although precise details of the property professional negligence claim remain undisclosed at the early hearing stage, Harding Homes styles itself as a property company that specialises in “fast buying” of properties from people who are in danger of having their houses repossessed, usually because of acute financial difficulty.
Much has been published about the Brazilian economy recently, mostly of a negative connotation and invariably pessimistic. The economic growth seen between 2005 and 2010 largely promoted by commodities prices and domestic consumption is now settling down. The Brazilian currency is also weakening in the face of current international market trends and low GDP growth. Nevertheless Brazil is still a country with great potential for businesses with a medium to long term strategy. Continue reading →
Sadly, many of those who instruct residential conveyancing solicitors to proceed with a shared ownership transaction may fail to take account of some of the ramifications of this type of property ownership.
For example, if you have part equity in a shared ownership property it can be difficult to sell the property on. This is because Housing Associations sometimes require that sellers buy up full equity before proceeding with a sale – inevitably, for the typically cash-strapped shared ownership seller, this can present problems.
Buy-to-let landlords face new challenges in the months ahead after the chancellor announced in his latest budget that he would be reducing tax relief for investors.
It was announced in the budget that from April 2017 landlords would be unable to receive tax relief worth up to 45% of interest payments on their buy-to-let mortgages, with the maximum relief to be capped at 20%.