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Latest News From Complete Clarity Solicitors

The latest legal news & family, employment, personal injury and wills & succession law news from Complete Clarity Solicitors.
Complete Clarity Solicitors

Glasgow and Edinburgh house prices rise faster than other UK cities outside London

The two largest cities in Scotland have both seen an average house price growth of at least 9% this year – more than double than UK average – according to recent data from HouseSimple.

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Complete Clarity Solicitors

Festive Opening Hours at Complete Clarity

As the holiday approaches we would like to take this opportunity to inform valued clients and potential new customers of our Christmas opening hours - we will be closed from 24th December and will reopen on 3rd of January 2019. 

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Complete Clarity Solicitors

Scotland places middle of the board for Inheritance Tax Liability in the UK

Following a Freedom of Information (FOI) request by Direct Line Insurance, Guildford in Surrey was dubbed the Inheritance Tax capital of the UK after it was revealed that as many as 658 families from the town southwest of London were subject to the tax between 2015 and 2016. On average, each family are said to have paid £231,000 per estate (a total of just under £152 million), more than anywhere else in the country.

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Complete Clarity Solicitors

Shelter Scotland launches "Toolkit for Tenants"

Charity Shelter Scotland has announced the launch of a new online toolkit for tenants, designed to help them navigate through the rental system.

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Complete Clarity Solicitors

Scots property prices at all-time high following stock shortage

Recent research from the Aberdein Considine’s Property Monitor report illustrates that the average price for Scottish properties sold for a record £169,450 during the second quarter of this year (April-June 2018), a 4.7% increase during the same time last year and a grand total of £175 higher than the previous record set in the third quarter of 2017.

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Complete Clarity Solicitors

Campaigners seek to scrap adoption age limit

Last month, the Public Petitions Committee in the Scottish Parliament received evidence from a campaign group seeking to extend adoption rights to people over the age of 18.

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Complete Clarity Solicitors

Loan for self-build homes now available

The Scottish government have announced a new loan available for people who want to build their own homes.

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Complete Clarity Solicitors

Slowest growth in UK housing market in five years

UK house price growth in June slowed to the lowest rate since August 2013. According to the Office for National Statistics (ONS), this slowdown was mainly affected by the falling prices in London, where properties dropped from 0.7% to negative 0.2%. The report shows an average house price growth of 3%, down from 3.5% in May - the lowest annual rate in five years.

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Complete Clarity Solicitors

Inheritance tax exceeds £5 billion for the first time

Recently released data from HM Revenue & Customs shows inheritance tax (IHT) raised a record £5.2 billion in the 2017-18 financial year, up 8% from the previous tax year.

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Complete Clarity Solicitors

New legislation aimed at preventing money laundering through UK property market

Criminals using the UK property market to launder money could face up to five years in prison under the newly proposed legislation.

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Karianne Falconer

Number of Rental Properties Available in Scotland Falls Again

A new survey of the residential property market has revealed that the number of rental properties in Scotland has fallen even further over the last three months. However, this decrease in supply has been coupled with an increase in demand, which is expected to lead to a sharp rise in costs for tenants.

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Emma King

Warning Over Reliance on Inheritance Expectations

A new report into intergenerational wealth transfer has found that over 11 million people aged between 25-45 in the UK expect to receive some sort of inheritance from their parents or grandparents, with nearly half (5.1 million) of these expecting to inherit at least £50,000 in fixed assets or money. 

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Karianne Falconer

RoS Launches New Register for Community Body Applications

Registers of Scotland (RoS) has launched a new register that will record all applications of community bodies to buy land or property that is abandoned, neglected or causing harm to the environmental wellbeing of the community, where the owner is not willing to sell that land. 

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Karianne Falconer

Scotland Offers Affordable Seaside Living

Living by the sea is an ambition for many, and new research by Bank of Scotland has revealed that it may not be as unaffordable as some might think. 

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Billy Smith

Executor Personally Liable to Pay Inheritance Tax Bill

Acting as executor for an estate carries a great deal of responsibility, and while the majority of executries are completed without incident, complications can arise and executors can sometimes find themselves in a difficult and unexpected situation. 

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Karianne Falconer

Value of the Scottish Housing Market

The total value of the residential sales market in Scotland from 2007-08 to 2017-18 was £161.3 billion, according to the latest Property Market Report from Registers of Scotland. 

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Karianne Falconer

Mortgage Lending Remains Relatively Subdued

Finance and banking trade association, UK Finance, recently published figures giving an update on levels of activity within the mortgage market in the UK. 

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Emma King

Call for Evidence on Inheritance Tax

The Office of Tax Simplification (OTS) has published a call for evidence and an on-line survey to gather information about people’s experience and perceptions of Inheritance Tax. 

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Karianne Falconer

Many ‘Empty Nesters’ Choose Not to Downsize

Around 43% of adults whose children have ‘flown the nest’ intend to remain in the family home rather than downsize, new research from Bank of Scotland has revealed. 

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Karianne Falconer

Tracking UK House Price Changes

The Office for National Statistics has published the latest UK House Price Index (UK HPI), which reveals the most recent house price changes across the country. 

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