New build solicitors in UK with BlackstoneSolicitorsLtd? We believe communication is of the utmost importance. We will therefore keep you updated as things develop and our solicitors will provide practical, straightforward legal advice so that you can be confident everything is progressing as you would like. There are certain requirements that must be satisfied when preparing a Deed of Variation to your Will. The instrument of variation must be in writing. There is no formal requirement for a deed, unless one is required for another reason (for example if land is involved). However, it is good practice to execute a deed as this will ensure that the variation is enforceable. The variation must be made by the individual who benefits, or who would benefit, under the Will or intestacy and who is giving up that benefit. The beneficiary who is redirecting his/her entitlement must sign the deed of variation. The beneficiary must be “sui juris” i.e. must be of full age and capacity.

This is the nuclear option in shareholder disputes and involves an aggrieved shareholder asking the court to wind up the company and bring it to an end. Usually the shareholders’ differences have become irreconcilable. The company will be wound up and if there is anything left after the creditors and liquidator have been paid, it will be distributed between the shareholders. They will go their separate ways. Not every aggrieved shareholder will be able to justify a winding up petition to the court and there will have to be strong reasons for believing that the company can no longer continue. The shareholder must demonstrate that there will be a tangible benefit in making a winding up order. If there is some alternative remedy, which would allow the company to continue, the shareholder may find that the court refuses to make the order.

What is an eligibility check? If you wish to transfer the ownership of a house with a mortgage to a new owner, then your lender will first need to perform an eligibility check. This enables the lender to assess whether the proposed new owner(s) of the property will be able to continue with the same mortgage. This will include whether the new owners or joint owners: Can pass a credit check, Have sufficient income to be eligible for the existing mortgage, Meet the appropriate age requirements, Have residency in the UK. What happens if the new owner fails the eligibility check? If you do not meet the requirements set out by the mortgage company, then an alternative will be to either find some way to remortgage the property or pay off the existing mortgage in order to transfer ownership.

Unafraid to stand up for what we believe in, we pursue claims thoroughly and are never deterred when hurdles arise. We like to be the ones to steer the case in the direction we want, and we keep our clients informed at every twist and turn. Our extensive understanding of the law is coupled with a wealth of business experience that stretches across all levels. This is a feature that runs through our entire team, arming us with the tools to take on cases of every complexity. See even more information at Blackstone Solicitors.

Rent arrears recovery doesn’t have to be complicated, especially when you have debt recovery solicitors to help. We have won cases both inside and outside of court for landlords – even where it repossessing a property to recover the rent owed. In many instances, a tenant can simply change their contact details, hoping the landlord gives up chasing payments. Collecting unpaid rent therefore often involves discovering where the former tenant is now situated. Our solicitors are adept at locating and communicating with ex tenants who owe rent.

There is a common misconception among Tenants occupying commercial premises under a lease that the premises can be handed back whenever they decide they no longer want to occupy them. Some Landlords are also under the impression that they can terminate a lease as and when they choose. Both of these views are incorrect. A lease is a contractual agreement between a Tenant and a Landlord and will last for a fixed period of time. Although some leases will include a clause that allows for early determination, most will run until they end by ‘effluxion of time’. However, there are ways to end a commercial lease early, and these processes will differ depending on who wishes to terminate the lease – the Landlord or Tenant – and under what circumstances and when. Both parties will need to be aware of their legal obligations. To speak to a solicitor about terminating a commercial lease, get in touch with us today by calling 0161 929 0121, or complete our online enquiry form and we will get back to you. See even more info at https://blackstonesolicitorsltd.co.uk/.