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News Inheritance Tax As you will no doubt have seen in the press the Government has sought to mitigate the effect of Inheritance Tax as between spouses or Civil Partners. Some details are available in our Wills Information Sheet but we will be happy to advise further and in greater depth as to how the new arrangements might affect your estate and your existing Will arrangements. As a consequence of government legislation, from 14th December 2007 it became mandatory for sellers of residential properties to prepare a Home Information Pack (HIP) when selling their property. We believe that it is now even more important that we are your first port of call when selling your property and more information on HIPs is available to download here (PDF format) The new Lasting Power of Attorney With effect from 1st October 2007 it became no longer possible to seek to manage one’s affairs with an Enduring Power of Attorney (EPA). The regime has changed and EPAs have been replaced by the new Lasting Power of Attorney (LPA). We are happy to advise on all aspects of Powers of Attorney and more information is available to download here (PDF format)
Energy Performance Certificates – EPCs The Energy Performance Certificate gives owners, buyers and tenants of both residential and commercial buildings information on the energy efficiency of their property. It gives the building a standard energy and carbon emission efficiency grade from ‘A’ to ‘G’, where ‘A’ is the most efficient and G the least. Whilst EPCs were introduced as, and remain a substantial part of a HIP, EPCs are also obligatory in the following circumstances where a HIP may not necessarily be required:
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