The Bank of England has lowered its base interest rate from 5% to 4.75%, marking the second rate cut in 2024. The previous reduction in August ended more than four years of steady or rising rates. Despite these adjustments, borrowing costs remain challenging for many households as the UK navigates an environment of high interest […]
Autumn 2024 Budget: Key Changes in Stamp Duty Land Tax and Inheritance Tax The Labour Government’s recent autumn budget announcement, led by Chancellor Rachel Reeves, has outlined extensive changes affecting various tax areas. From Stamp Duty Land Tax to Inheritance Tax, these changes will impact a wide range of people, including bereaved families, business owners, […]
Recently, the UK Government unveiled the Renters’ Rights Bill, a transformative piece of legislation aimed at reshaping England’s private rental sector. This landmark bill, expected to come into effect in 2025, promises to offer tenants greater protection. But what does this mean for Wales? Could we see the Welsh Government adapt its laws to match […]
Every adult with property or with other assets of more than a couple of thousand pounds should make a Will and register it. Without a Will, the state directs who inherits and often this will not be the persons who you would want or expect. This is particularly the case if you are not married […]
When selling a property, most sellers will wait until they have an accepted offer before they obtain a conveyancing quote from a solicitor. You may not realise that much of the legal and administrative work can begin before you find a buyer. Here are some of the early considerations that merit instructing a solicitor early: […]
As of 1st May 2024, there has been an increase in 172 court fees. These increases have been brought in to raise additional revenue for the Ministry of Justice in view of inflation and to try and minimise the costs to general taxpayers in light of the increasing costs that the courts are facing. The […]
The uncertainty of the outcome of the upcoming general election can influence decisions relating to all aspects of life, and many people will understandably wonder how this may affect property transactions. When considering previous general elections, it comes as no surprise that there is generally a slow down in the number of property transactions due […]
Ungoed-Thomas and King would like to wish everyone a very Merry Christmas and a Happy New Year The office will be closed from 12 noon on 23rd December 2022 and we will re-open on Tuesday 3rd January 2023. Hoffai Ungoed – Thomas a King ddymuno Nadolig Llawen a Blwyddyn Newydd Dda i bawb. Bydd y […]
For separated families with children, it can be difficult for parents to reach agreement in respect of contact arrangements over the festive period. Christmas contact is an extremely sensitive and emotive subject as both parents would of course like to spend this special time with their child/children. However, it is inevitable that parents will need […]
Due to the upgrading of Storm Eunice to a Red Alert, we have decided to shut the office tomorrow to ensure we keep everyone as safe as possible – Property Completions will still take place and arrangements are in hand to deal with these.The phone lines will be covered and urgent calls dealt with as […]
VAT Registration Number 123 1830 11.
Registered Office: Ungoed Thomas & King Ltd Solicitors, The Quay, Carmarthen, SA31 3LN
A list of Directors can be inspected at the Registered Office.
