What is it that ticks your boxes when you are searching for a new home? Lots of space? Period features? A good location? We all have our list of requirements, but if ‘environmentally friendly’ is top of your list, then you may want to check out the property at Wester Happrew Steading, By Peebles.

What does your Solicitor actually do when you purchase a property?

So, you have been to view a property that you are interested in buying and the estate agent marketing the property tells you to instruct a solicitor – but why do you need one and what do they do?

Conveyancing is the legal process whereby ownership of a property is transferred from one party to another. The process involves separate lawyers acting for the purchaser and seller communicating with each other to impose their clients’ terms on the transaction and ensure the transfer goes smoothly.

The importance of taking advice on a Commercial Lease

It is essential that landlords and tenants take proper legal advice when dealing with commercial leases in Scotland.

Commercial leases are very different from residential leases. For most residential leases in Scotland, neither party will take any legal advice before signing a contract. That is because with residential leases there are so many statutory protections that rarely can a lease be drafted in any which way which would be drastically unfair to one or other party. The law will effectively override many provisions of the lease.

Commercial leases are very different. The parties have considerable freedom of contract, so can more or less write a lease in any way they like.

Blackwood & Smith LLP pledges support to charities during the Will Aid 2023 campaign

Blackwood & Smith are delighted to be taking part in Will Aid again this November. Will Aid is a special fundraising partnership between the legal profession and nine partner charities: ActionAid, Age UK, British Red Cross, Christian Aid, NSPCC, Save the Children, SCIAF (Scotland), Sightsavers, and Trocaire (N.Ireland) 

Capital Gains Tax (the very basics!)

Recent changes by H.M. Revenue & Customs (HMRC) in relation to the Capital Gains Tax tax-free allowance are having an impact on taxpayers.  Karen Valentine, Scottish Law Accountant from Blackwood & Smith LLP has provided a brief insight into the current situation.

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