Latest Opinion Pieces, Blogs and Posts from the Team
How long does probate take?
How Long Does Probate Take? Probate is the legal process of administering a deceased person’s estate, ensuring that their debts are paid and their remaining assets are distributed according to their will or the rules of intestacy. The length of time probate takes can...
Buyers and Tenants Survey 2024
JLL (John Lang Lasalle IP, 2024) have recently released the results of their buyers and tenants survey, which looks at trends in the property market. At this volatile time, these trends may help landlords and investors to predict a fast-moving market. The results are...
What is the relationship between inflation, interest rates and mortgages in the UK?
Inflation, interest rates, and mortgages are interconnected elements of the economic landscape, each exerting influence on the others. Changes in inflation can have significant repercussions on interest rates and subsequently impact mortgage borrowers and the housing...
Non-dom tax implications
Tim Crook, our Head of Private Clients at OCG Legal, takes a look at the Spring Budget in detail. Non-Dom Tax Regime The Chancellor announced the abolition of the non-dom tax regime and provided some detail on the new system that would replace it from April 2025....
Multiple Dwellings Relief – Spring Budget
Hayley Blackett, Conveyancing Team Leader at OCG Legal, takes a look at the implications of MDR abolishment Multiple Dwellings Relief Abolished – Budget 2024 What is Multiple Dwellings Relief (MDR)? MDR applies to the purchase of two or more dwellings in a single...
What are the implications on Inheritance Tax in tomorrow’s budget?
As anticipation mounts for the UK Spring Budget, one area of interest for many individuals is potential changes to inheritance tax (IHT) laws. In recent years, IHT has been a subject of much debate and speculation, with calls for reforms echoing throughout the...
Empowering your future – The importance of creating a Lasting Power of Attorney
Life is unpredictable, and unforeseen circumstances can arise at any moment. While we may not have control over everything, creating a Lasting Power of Attorney (LPA) is a proactive and prudent step towards securing our future. In this blog, we'll explore the crucial...
Transforming Conveyancing: The Role of AI in Revolutionising Conveyancing Firms
Title: Transforming Conveyancing: The Role of AI in Revolutionizing Conveyancing Firms Introduction The legal landscape is evolving, and with it, the role of technology in the legal profession is becoming increasingly prominent. In the realm of conveyancing, the...
Will Gen X pay off their mortgages?
Freedom at Last: How Generation X is Triumphantly Paying Off Their Mortgages For Generation X, born roughly between the mid-1960s and early 1980s, the journey to financial freedom has been marked by hard work, resilience, and adaptability. As this generation enters a...
Stamp duty exemptions – Downsizing your home
Stamp Duty in the UK: A Case for Exemption When Downsizing Stamp Duty, a tax imposed on property transactions in the United Kingdom, has long been a topic of discussion and debate among homeowners. For those considering downsizing their homes, the financial burden of...
