Blog

The unexpected news of Liam Payne’s recent passing shocked the world. Liam was known for his early rise to fame in One Direction and his successful solo career. At the age of 31, Liam left behind a momentous legacy in the music industry, but also a significant financial estate – estimated at £24.3 million. It has recently been reported that Liam died without leaving a Will which was a shock to many.

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You may have seen The Martin Lewis Money Show on ITV recently where he discussed the importance of Lasting Powers of Attorneys (LPAs). I must say I was pleased to see that this was being discussed on mainstream television, as I don’t think they are spoken about enough amongst the general public. It is a topic that comes up often in our Private client department here at Thorneycroft Solicitors. We always try to advise on the importance of these documents to our clients when we are discussing their personal affairs.

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The dramatic changes to stamp duty land tax (SDLT) coming into force will inevitably impact couples who are looking to move out of their shared property after separating.

Not only have we seen a rise in separated couples continuing to live together due to the cost-of-living crisis, this figure will continue to increase as the changes to SDLT require them to live together for longer to acquire more savings to purchase their own home.

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Your Will is one of the most important documents you will ever have the task of writing. It allows you to decide what happens to your assets and how your estate will be managed after your death, eliminating the issues that occur in intestacy. However, there are many complexities that can arise when writing your Will that could make it invalid. We’ve put together a list of the most common mistakes people make when writing their Will and how to avoid them:

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A 1967 study found that going through a divorce is the second most stressful life event a person can go through, where you have to make many complex decisions that can result in life-long consequences, including the management of your finances. Financially planning for the future is unlikely to be at the forefront of your mind during a marital breakdown, however securing your future within your new financial position should not be overlooked. At Thorneycroft Solicitors, we understand the many complexities that come with getting divorced, that’s why we have a dedicated team of specialist divorce solicitors to support you every step of the way. In this blog we will explore how to financially plan for divorce and secure your future beyond marriage…

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If you’ve been involved in an accident abroad that wasn’t your fault, you may be eligible to claim compensation for loss of earnings if your injuries prevent you from going back to work after your holiday.

At Thorneycroft Solicitors, our team of experienced personal injury solicitors can help you claim for loss of earnings within your holiday accident claim. However, there are a few steps you need to take to maximise the validity of your claim and receive the correct amount of compensation.

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Remortgaging allows the owner of a property to switch their existing mortgage to a new deal with either their current lender or an alternative provider. Most property owners will only remortgage when their current contract ends, however there are many other reasons to consider remortgaging your property including:

● Reducing your mortgage interest rate
● Fixing your monthly payments to protect against possible future rate rises
● Raising funds to carry out home improvements

No matter your reason for remortgaging your property, lenders will consider your remortgage application in the same way they consider a mortgage application, meaning they will assess your credit score.

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Navigating the property transaction process is complex and can sometimes be daunting. Whether you’re buying or selling a property, ensuring every legal detail is handled correctly is essential. That’s where the expertise of an experienced conveyancing solicitor comes in. At Thorneycroft Solicitors, our team is committed to ensuring your conveyancing process is as seamless as possible. However, pitfalls can still arise along the way. In this blog, we’ve explored some common conveyancing pitfalls and how to avoid them…

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We’re excited to share with you the recent Q&A session which took place on Silk FM radio with David McDonough. This session focuses on all your conveyancing related questions.

In this Q&A, David addresses a range of pressing questions that often leave homebuyers and sellers scratching their heads. From understanding the nuances of the conveyancing process to demystifying complex legal jargon, David delves into each query with clarity and precision.

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In the latest Legal Slot on Cheshire’s Silk 106.9, Philip Hartley discussed all of your questions surrounding Wills and Probate.

Philip graduated from Staffordshire University with an LL.B. honours degree and LPC in 2006.  He qualified as a solicitor after completing his training contract with a firm of solicitors in Staffordshire two years later. Philip specialises in the administration of estates and also advises in relation to the preparation of Wills, Lasting Powers of Attorney and Court of Protection matters.

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