Businessman ordered to give his ex £25m

An Omani businessman worth more than £300million has been ordered to give his ex-wife £25million after she argued she needed a £400,000-a-year for holidays and a further £60k for pocket money. The Family Division of the High Court in London heard the case of Talal Al Zawawi, 48 and his ex-wife Leila Hammoud, 36. Ms Hammoud said

Cash Buyers Saving Thousands when buying Property

New research suggests cash buyers can save thousands of pounds when buying a house compared to those buying with a mortgage.  According to finance specialist One77 Mortgages, who analysed house price data from the Land Registry, it costs those buying with a mortgage on average 9 percent more than cash buyers. Alastair McKee, managing director of

£20k Fine for Landlord

A ‘negligent’ landlord from Camberwell has been ordered to pay costs of more than £20,000 after failing to apply for a licence. Omo Ayoade, 45, appeared in Camberwell Magistrates’ Court after complaints from his tenants and after he failed to apply for a license. A resident living in one of his three flats had complained

UK Property Transactions Fall By Over A Third

UK property transactions have been reducing at a rapid rate, according to recent research. The study carried out by estate agent software platform, Reapit, found that UK property transactions have fallen by over a third in the past three months. Property transactions between November 2018 and January 2019 fell by 36% compared to the same

No-Fault Divorce To Become Law

Justice Secretary David Gauke announced that no-fault divorces are to become law in the UK. At present, a couple must be married for a year and a day before they can apply for divorce. If after this time they choose to divorce, either partner can file for it, but only if certain conditions are met. Either the marriage must