If you’ve found your dream property and it is a fine old building in a particularly charming community, it may be that the building is listed and/or is located within a ‘conservation area’. In this article we’ll talk more about what the conservation area may mean for...
The risk of the wrong beneficiary in your estateEverybody should have a Will. And it really should be written by a solicitor. One of the key reasons being we can talk you through all of the various implications of your decisions and what you can and cannot do within...
Buying a listed building in Scotland - if you’ve found your dream property and it is a fine old building in a particularly charming community, it may be that the building is listed and/or is located within a ‘conservation area’. In this article we’ll talk more about...
If you are asking 'what age children should inherit in my will?", we recommend writing or updating a Will whenever you have a major life event. If you have children, you will want to make a provision for them in your Will. One consideration you must make is when...
Valuing assets in an estate - with significant rises in house prices in recent years, more and more people are finding they will be liable for Inheritance Tax (IHT) on their estate after they die. Inheritance Tax is payable on the value of an estate over £325,000 and...
Equity Release in Coronation Street - Equity release has featured in a recent storyline on ITV’s "Coronation Street" involving a character taking out an equity release product on his mother’s property without her knowledge. Whilst the story line makes for exciting...
Valuing assets in a will is important for a number of reasons. With significant rises in house prices in recent years, more and more people are finding they will be liable for Inheritance Tax (IHT) on their estate after they die. Inheritance Tax is payable on the...
Purchasing a new build property in Spain can be a fantastic investment and an opportunity to fulfil your dreams of owning a home in a sunny and vibrant country. However, it's essential to be aware of Common Mistakes Made by UK Buyers in Spain and other pitfalls that...
Generally, no, it is not possible to change a Will after somebody has died if you simply don’t like what the deceased decided to do with their estate. However, there are some circumstances where it is possible to seek to redistribute the estate among the...
Buying and selling property can be a stressful process. If you’re asking the question 'Can I pull out of a house sale?', something has probably happened that has significantly increased your stress levels. Perhaps the planned mortgage for your new house has fallen...
Making a will is a crucial step in ensuring that your assets and estate are distributed according to your wishes after your death. In Scotland, the process of making a Will follows specific legal requirements. This step-by-step guide will help you understand the key...
If you are over 55 and own your own home, Equity Release offers a route to unlock the value tied up in the property. This equity release guide will take you through the process step-by-step, including the importance of seeking independent advice to assess whether...
Understanding Title Deed Transfers in ScotlandIn this article, we look to explore dispositions and title deed transfers in Scotland with our helpful guide. Learn the steps, timing and legal requirements with Wallace Quinn Transferring title deeds in Scotland is an...
Understanding the Importance of the Date of Entry What is the Date of Entry? The date of entry is a crucial component of conveyancing in Scotland, as it determines when the buyer gets the keys to the property and the seller receiving payment. It also sets the timeline...
Unlocking the Potential of Your Home As we reach our retirement years, many of us find ourselves considering the future of our finances and how to make the most of the assets we already have. One of the options that may be particularly beneficial for those who have...
Wallace Quinn’s Margaret McMillan and Hazel Hamilton have smashed their £1000 fundraising target for Glasgow’s Golden Generation at this year’s Glasgow Kiltwalk. Margaret and Hazel walked the 14.6 miles from Clydebank to Loch Lomond in a little over four and a half...
Updating Your Will in Scotland: Why, When, and How Do you know that statistics show that only 30% of the Scottish population have a legal Will in place? Planning for the future is vital and having a Will is one way to ensure that your wishes are fulfilled. Also, over...
Marketing and Business Development Director Margaret McMillan and Legal Cashier Hazel Hamilton will be taking part in this year’s Glasgow Kiltwalk to help raise funds for charity ‘Glasgow’s Golden Generation’. Kiltwalk is Scotland’s largest mass participation walking...