2 min readWhen you jointly own a property with someone, you cannot sell or mortgage it without the consent of the other party. There are two types of joint property ownership. Let’s briefly discuss each type. If you own a property with someone as ‘Joint Tenants’, the property automatically goes to the other party when you die. … Read more
2 min readCoronavirus and Small Businesses According to a survey, 67% of small businesses have had to close temporarily due to the COVID-19 pandemic. It is estimated that, on average, a small business owner will face a loss of £11,799. Although the impact seems to be severe, small businesses have shown great resilience and due to this, all hope is … Read more
4 min readA force majeure clause is a clause in a contract that excuses one or both parties from fulfilling their part of the contract if they are unable to do so due to an unexpected incident. The event, which could be a natural disaster, an epidemic, or an action by the government, is called a force … Read more
2 min readDue to the COVID-19 pandemic, many small businesses had to unexpectedly close down, resulting in significant losses. If you are a business owner who went through this ordeal, you may naturally wonder if your insurance policy would cover for your losses. It depends on the type of cover you have chosen and whether the policy … Read more
3 min read“Lifetime Gifts” are assets, property or money you give to someone during your lifetime. It is very popular in the UK. Some give away assets in order to reduce or avoid inheritance tax on their estate. Parents may give lifetime gifts to their children in order to help them financially or to help them climb … Read more
3 min readIf your sponsor licence has been suspended, you need to prepare a suspension response. To do so, take the following steps: Note of caution: With the suspension response, you are trying to get your licence reinstated. The Home Office will do so only if it can trust that your organization will be cooperative and comply … Read more
2 min readKim Kardashian and Kanye West are getting divorced. Reports so far have commented on how amicable the process has been, given that the division of their significant assets (collectively said to be worth over $2 billion), will be based upon their prenuptial agreement. Pre-nuptial agreements are a prerequisite when it comes to celebrity marriages and … Read more
2 min readAround 400,000 people in the UK live in care homes. The cost of living in a care home varies depending on the region and the kind of care you need. Nursing care costs more than residential care. For people with dementia, care costs are even higher since specialist care would be needed in such situations. … Read more
2 min readDo you desire to own a home? Most likely you do. But maybe you feel overwhelmed when you think about the expense involved. To help you buy your own home, the government offers equity loan. You can take an equity loan of up to 20% of the property price (In London, it can be up … Read more
2 min readNo matter where you live, domestic violence and abuse is an atrocious crime that should not be tolerated. It has long-lasting traumatic effects on victims as well as their children. Looking at the seriousness of the issue, offering aid to domestic abuse victims should be a priority for local councils. Ever since the lockdown due … Read more
