Get in Touch

close
Close...

Stay Connected

News ...

Filter By

Jul
2024
Trainee Talks: Work experience

As many will know, when you are in the depths of motherhood the years seem to move at a rate faster than the speed of light. Before you know it they are both off to school and nursery and you’re left sitting at home wondering… what do I do now? I studied and carried out LPC exams whilst pregnant with my little boy. I also sat my Solicitor’s Accounts exam whilst pregnant with my little girl and I love that they were part of my journey. Before studying for my LPC I did my Law degree at Essex and then a Masters shortly after that. All the cogs were in place for me to start applying for training contracts but then came my children, shortly followed by a pandemic and numerous lockdowns. With the aforementioned came a very slow burning lack of belief that I could walk back into that world after what became nearly five years absent. I decided to start from scratch and researched local law firms, one by one. I thought about the location, what they had to offer in terms of different departments and relied on the instinct I had from perusing websites and reviews. Thompson
Read more…

Jun
2024
Moving House? 5 Common Factors That Cause Delays

Moving house can be an exciting yet challenging experience. Understanding the common pitfalls can help you navigate your move more smoothly. 1. Inefficient Communication Effective communication between all parties involved is crucial. This includes buyers, sellers, estate agents, mortgage lenders, and solicitors. Delays often occur when there is a breakdown in communication or when one party is slow to respond. Ensuring everyone is promptly informed and responsive can significantly expedite the process. 2. Mortgage Approval Issues Obtaining a mortgage can be a time-consuming process. Issues such as incomplete documentation, slow responses from mortgage lenders, or changes in a buyer’s financial situation can cause significant delays. To avoid this, ensure that all required paperwork is complete and submitted promptly and maintain clear communication with your mortgage advisor. 3. Survey and Valuation Delays A property survey is a critical step in the buying process, providing valuable insights into the property’s condition. Scheduling delays or disagreements over the survey’s findings can slow things down. To mitigate this, book your survey as early as possible and be prepared to negotiate repairs or price adjustments if needed. 4. Chain Dependencies Many property transactions are part of a chain, meaning the sale of one property is
Read more…

Jun
2024
Thompson Smith and Puxon shortlisted at prestigious Private Client Modern Law Awards

Thompson Smith and Puxon is pleased to announce that its Private Client team have been nominated as finalists at the Private Client Modern Law Awards. Recognised in the ‘Private Client Team – Wills & Probate (16+ Solicitors)’ category, this achievement reflects the firm’s ongoing commitment to excellence. The Modern Law Private Client Awards are among the most prestigious accolades in the legal industry, celebrating outstanding performance and innovation. This particular category celebrates those teams which offer specialist legal advice and outstanding client care whilst making a positive contribution to the sector. With a rich history spanning centuries, TSP has established itself as a trusted partner for individuals and families seeking expert guidance in matters of wills, probate, and estate planning. The team consists of two Director / Partners, Senior Associate (Nicola Healy), two Associate Solicitors (Georgia Bolton and Adina Milleare), Solicitor (Helen Geldart) and a Trainee CoP ILEX Paralegal assisted by an experienced support team. Trainee Solicitor, Anisa Khan, was named Trainee of the Year at the LawNet Awards 2023/24 whilst working in the Private Client team. The team are consistently recognised in the Legal 500 for their dedication to providing top legal services with Fiona Ashworth noted as a
Read more…

Jun
2024
Directors beware – £165m late filing penalties levied in 2022/23

A £165m reminder to directors on the importance of getting accounts filed on time has been flagged in the latest report from Companies House, the UK register of companies. Every company director, or a designated member of a Limited Liability Partnership (LLP), is personally liable for filing accounts with Companies House on time, and in the right format, including when a company is not trading and treated as ‘dormant’.  Failure to do so is a criminal offence and, unlike most criminal offences, the prosecution doesn’t have to prove intent on the part of the directors, only that they didn’t file the accounts on time, making prosecution relatively easy to secure.   TSP Corporate and Commercial director Caroline Nicholls commented:  “It is incumbent on all company directors to ensure that they are complying with their obligations in this regard and not to simply view reporting matters as, for example, the finance director, the company accountants or company secretary’s responsibility.  “Even something as seemingly minor as a missing signature could result in a late filing penalty. And for those still relying on the postal system for paper accounts, Companies House say that five days must be allowed for checking, so meeting a tight
Read more…

May
2024
Solar Farm Developments

Solar farms are playing an increasing role in the broader renewable landscape as we move to ‘net zero by 2050’. This article attempts to share a little insight into a few areas that Landowners’ might wish to consider when negotiating a solar farm lease agreement. Typically 5% of the UK’s electricity is now generated by solar photovoltaic (PV) panels. At the time of writing, sitting in Colchester on an overcast May day, the real-time dashboard on the National Grid ESO App (free to all) shows that solar is currently contributing 16% of the total GB electricity generation. In the East of England region alone, the live data shows solar at 23%, behind wind at 28% and above nuclear (Sizewell B) at 22%.  One further interesting fact that caught my imagination recently, quoted at a breakfast meeting of agricultural valuers, is that the total land under the UK’s solar arrays aggregates to an area equivalent to one fifth of the land currently used for golf courses! If you have been researching the opportunities of solar, you may recognise that, in the main, existing solar farms are curiously rated at 49.9MW. This is not a coincidence. Any energy project at 50MW or
Read more…

https://www.tsplegal.com/tag/macmillan/page/2/