Category: Uncategorised (53)

When somebody dies, one of the most important things an Executor needs to do is find out what the Deceased’s assets are worth. When an Executor deals with HMRC the asset values should be as accurate as possible.

A valuation for the purposes of grant of Probate is required to be carried out in accordance with in Section 160 of the Inheritance Tax Act 1984.

At Musson Liggins we aim to provide a simple, swift and reasonably priced service at what is a difficult time.

Please contact our office to discuss on 0115 9415241 or email info@mussonliggins.co.uk

At Musson Liggins, we have a wealth of experience in providing valuations for Pension Schemes. Our aim is to make the process easy for everyone involved.

This may be an update valuation or a valuation to assist with the purchase or sale of a property in/out of a Pension Scheme (this is usually a requirement).

We also provide a Rent Review and Lease Renewal service whereby we can negotiate the terms on behalf of the Pension Scheme and produce a formal report for the Trustees.

Please contact our team if you have any questions or require a quote on 0115 941 5241 or email info@mussonliggins.co.uk

Matthew Wade, Director of Musson Liggins, has completed on the sale of Teal Close, Netherfield.

The 21,627 square foot unit sold during lockdown off an asking price of £1.5m.

“Our clients are delighted with the outcome given the difficult circumstances in the economy” Matthew Wade

Musson Liggins have been appointed by a Loss Adjuster to assess the potential loss in value of a residential property due to a fire.

The Loss Adjuster wanted to understand the value of the plot to see if the loss could be minimized by selling the plot rather than paying out for a replacement dwelling.

Another interesting matter successfully dealt with by ML.

Musson Liggins have completed advice to Clients in order to assess a potentially fraudulent loss relating to the sale of a plot land.

The land in question was sold by developers and was subsequently sold for over 5 x more two years later following a successful planning application for residential development.

The initial sale was not subject to planning and/or an overage provision despite the major planning application being in place on the date of the sale.

The initial sale was between connected parties and the original land owner went into administration 2 months later.

We advised the Clients that the site was sold at undervalue due to the lack of overage provision.

The case is likely to end up in Court following our investigative report.

Usually at this time of year we would be preparing to have or Christmas parties…which are unlikely to happen now.

At Musson Liggins we thought it was a good idea to set up a JustGiving for Treetops in the hope that some of you would donate at least a proportion of what you would usually spend on a Christmas party and/or a ticket to an event.

The donations will go straight to Treetops Hospice who provide support to people with illnesses such as cancer, motor neurone disease and multiple sclerosis. It also supports their carers and families. All services are provided free of charge.

You can donate to the JustGiving page by clicking here:

https://www.justgiving.com/fundraising/musson-liggins?utm_source=Sharethis&utm_medium=fundraising&utm_content=musson-liggins&utm_campaign=pfp-email&utm_term=e20f3811f7ab41e59d2e688e06e06686

Musson Liggins’ Director of Wellbeing – Ralph – is back from a 3 month Furlough period and a summer holiday.

He is taking his role very seriously now he is back in the office.

Welcome back Ralph

Radical changes to the Use Class Order came into effect on 1 September 2020.

The new Use Class E opens up opportunities for Shops, Offices and Cafes.

You will now not need consent to change ‘use’ within Use Class E.

But what does this mean for your property? Contact us to discuss…

If in doubt…train your Japanese Knotweed as seen by one of our valuers this week.

(not really, get it removed by a professional)

Musson Liggins have carried out 2 valuation inspections in 1 week on ‘Haunted’ Houses.

Both properties are due to be redeveloped.

Suffice to say…we didn’t find any ghosts in the Living Rooms 😂