NEWS

Why 30% of Property Transactions Fail – And How to Avoid It

The UK property market has long grappled with a sluggish and often frustrating conveyancing process. Delays in gathering legal documents, unforeseen issues surfacing late, and communication breakdowns among parties contribute to transactions taking an average of 16–20 weeks to complete. Alarmingly, approximately 30% of these transactions collapse before completion

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Contested Wills on the Rise: What You Need to Know

Recent data has shown a notable 5% increase in contested wills reaching court between 2022 and 2023 – a trend that reflects both the emotional complexities of inheritance and a growing awareness of legal rights among beneficiaries. While most probate disputes are resolved out of court, this rise underscores the importance of clear, professionally prepared wills and early legal advice when disputes arise.

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Can Commonhold Ownership Take Hold in the UK

For decades, leasehold has been the dominant form of property ownership in England and Wales, but growing dissatisfaction with its restrictions and costs has led to renewed interest in commonhold. Despite government support and legal reforms, commonhold ownership remains a niche concept. Can it truly take hold, or will leasehold continue to reign supreme?

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Probate Delays Slashed: Government Action Delivers Results

The probate process has long been associated with lengthy delays and administrative challenges, particularly in the wake of the Covid-19 pandemic, which led to a significant backlog of cases. However, 2024 has seen a major turnaround, with probate waiting times dramatically reduced thanks to key government initiatives.

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UK Farmland Market Cools After 2024 Peak Approved

The UK farmland market experienced a notable upswing in 2024, reaching its most active level since 2018. More than 187,500 acres were put on the market, marking a substantial rise from previous years. This surge was fuelled by a mix of factors, including shifts in agricultural policy, adverse weather patterns, and mounting economic challenges.

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