Legal Services

Planning for the Future – Lasting Powers of Attorney

When a person begins to lose their ability to manage their affairs and care, it can be a very distressing and difficult time. The benefits of creating a Will to determine how your affairs will be managed after death is widely recognised, but in many cases little thought is given to making provision for the managing of those affairs during your lifetime. A Lasting Power of Attorney can provide the certainty required and give you peace of mind so that in the event that you can no longer manage your personal affairs, a trusted family member, friend or advisor can act on your behalf.

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Williams Thompson

Renting a Business Premises

If you own a business then a key decision is whether to buy or rent property. Renting business premises ties up less capital than buying which means you can invest it in the business instead. It can also give you flexibility to relocate easily should you need to.

The type of premises you rent and the location will be partly dictated by the type of business you are running. The amount you can afford - taking into account extra costs such as business and utility rates, and building insurance - will also be a deciding factor.

You can rent business premises by leasing them. If you require premises for a short term then consider a licence rather than a lease.

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Countdown Clock

Why do I need to extend my lease?

The need for a lease extension arises because as your lease gets shorter the value of your flat will go down compared to a similar flat which has a long lease of, say, 100 years or more. This reduction in value is a particular issue when the length of your lease gets to less than 80 years.

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