Diversification of investment with minimal risk in real estate

To date, the average market price of a typical property in London varies at about £550,000. The highest concentration of residential units of this class is shown in Battersea markets, Croydon, Pimlico and Bloomsbury – remoted from central areas, but standing out with the rapid pace of infrastructure development and well-being.

The minimum price the investors should take into account starts from £250,000; such objects are concentrated in the markets of Eastern and Western regions and industrial areas on the periphery. Typically, this sum allows acquiring relatively small one-bedroom apartments, studio apartments and lofts. Despite the democratic price, the demand for such facilities is extremely high, especially among students and young families. Therefore, this class of housing is capable of providing about 7% annual increase.

Luxury property in London is the most promising sector in terms of investment, because of it always different from the most intensive price growth, competitiveness and diversification of capital. In 2017, the entire property, which was sold in Prime Central London district (historical center), were sold for no less than £60,000 per square.

According to recent statements by Daily Mail, as well as of Savills, the greatest prospect for investment will have the luxury real estate in Knightsbridge, Mayfair, Chelsea, Kensington and Belgravia. In recent years, Mayfair market shows a more intense price growth compared to residential facilities market and other central areas. It is predicted that London’s property in Mayfair will be the most expensive, and if in 2017 it sold at a price of £100,000 – £120,000 per square meter, whereas in 2020 these figures may reach at least £180,000, not even counting the constantly growing costs associated with legal expenses on qualified conveyancing solicitors.

However, while the highest activity of our Russian-speaking investors observed on markets Chelsea, Kensington and Belgravia. It is in Belgravia largest number of transactions for the purchase of real estate has been realized that the price exceeded £10,000,000. Sami analysts say Ruble gradually moved to London.

The growth of transactions for the purchase of real estate in London in 2017

In 2017, another interesting study was conducted by Countrywide. According to the research of London property market, the number of transactions for the purchase of housing has greatly increased, indicating a sharp decrease in availability. Thus, in 2010 one luxury object attracted around 7.1 buyers, then in 2012 the competition has increased up to 8.5 customers. In 2014, these marks became even greater – 9.7 buyers for one residential facility.

To convince the experts, investors are attracted by the high potential profitability of real estate in London, the opportunity to have unlimited financial resources due to large mortgages with low rates, and the ability to get into the scope of the immigration program.

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Trade Secrets Legal Practice In EU & World

Although the secrets of the production are recognised as an effective remedy for the economic interests of entrepreneurs and applied from the times of Roman law (to take at least medieval sailors generously inhabited their memories and maps of various sea monsters will protect a comfortable way to the islands with spices or other treasures), for all that still lack a common understanding and harmonised regulation.

With respect to trade secrets a variety of terms is used production/technical/commercial secrets, confidential/classified information, commercial/official secrets, know-how and some other (we will use these terms as synonyms, unless otherwise indicated). There is no consistent understanding of their legal role and content. Neither there is clarity about whether the secrets can be considered to be intellectual property. Therefore, at the level of individual countries the approaches are significantly different. Take for example a Russian law, which in recent years has expanded the regulation of objects considered as commercial (official) secrets, then switched to production of secrets (know-how) and trade secrets relegating to the level of a simple mode of use.

This burden is oftentimes delegated to special departments or contracting agencies, which overwhelmingly depends on the type of business. Research and innovation companies prefer to gather production and legal forces under one roof. Thus, e.g. Manchester University has created a separate branch, UMIP, to deal with intellectual property aspects and maintain commercialisation.

The lack of uniformity in international law

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UK’s younger generation DUI shocking numbers

Charitable organisations that fight drunk driving have concluded that young drivers in the UK tend to ignore the warnings of the police and the public and continue to drive after drinking alcohol.

According to a new study conducted by the Institute of Advanced Motorists Association and the governing bodies of the police in the framework of the social campaign of the government on the prevention of drunk driving holidays motorists who have not attained the age of 25, often sit behind the wheel while intoxicated. In calculating the results of respiratory tests for alcohol content in blood it was found out that the car drivers under the age of 25 years are nearly 2 times more likely to allow themselves to drive drunk in comparison with motorists in the age group older than 25 years.

Stats more than 6 thousand adolescents under the age of 18 were arrested for drink driving during the period from 2008 to 2013. According to data that have been obtained by police across the UK, 6,558 teenagers were arrested for drunk driving in the last five years, and the youngest detainee was only 11 years old. These figures also indicate that on average each week police detained five teenagers under 18 years old. According to statistics, many of these drivers go without insurance, and 25% of these teenagers at the time of detention were less than 16 years.

However, according to the Ministry of Transport, the total number of teens who got behind the wheel drunk, continues to decline from year to year. Fastest number of such drivers falls in Merseyside, Devon and Cornwall. However, in some regions, including North Yorkshire and Staffordshire, the number of drink drivers under the age of 18 is increasing. According to an aspiring legal platform focusing on drink driving and speeding penalties assistance – Solicitors Guru helping to find a solicitor – Manchester is leading in the number of young drink drivers arrested: in the past five years these violations resulted into arrest of 409 people, and some of them were only 12 years old. The tendency of drink driving teens arrests is on the rise Scotland – where the police recorded 718 cases in 2014. In such cases there is still possibility to save on legal fees – read more about it on the no win no fee legal costs agreement research.

The researchers also concluded that the number of cases where a breathalyzer showed excess of the allowable limit of blood alcohol in December 2014 decreased compared to the same period of the previous year. This has been fixed and the growth in the number of refusals to undergo the procedure to check the blood alcohol content using a Breathalyzer at the downside of the road.
Specialists of the Institute of Advanced Motorists believe that young motorists are more likely to take risks, so that’s why they often ignore Traffic Police recommendations and do not observe the rules of safe driving. Kate Pavitt, director of the Academy for training of driving vehicles, says: ‘According to recent statistics, the highest rate of accidents on the roads of Britain observed among drivers in the age group of 17 to 24 years. Driving under the influence is still one of the most common causes of deaths on the roads. One of the eight deaths in road accidents in the UK is the result of driving while intoxicated’, Ms. Pavitt added.

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No Win No Fee: The Ins & Outs Of The Concept

According to an observations from such experient sources as Solicitors Guru and a number of specific researches those lawyers working on a success fee do not particularly benefit in terms of profit with respect to those who practice hourly fee services. Those who agree to get a percentage of the winnings oftentimes tend to refuse the client, if they see the futility of the proceedings, while, performing work on the basis of billable hours lawyers have almost no risk and, therefore, they are less selective as a rule.

Indeed, there is a risk that the lawyers charged an hourly fee, may try to stretch the case by declaring unlawful demands and using a variety of procedural tools to extend the trial to sort out every detail, even if this is not necessary.

Most often, a lawyer will not abuse her position, because of the possible loss of trust of the client, which can adversely affect its business reputation. That is more applicable to individual specialists rather than large businesses. Thus, the reputable companies of Forster Dean Solicitors caliber, having a deep focus on accident claims and no win no fee practices, cherish their reputation and the short cash is not something it can be interested in.

Some customers think that the size of the ‘success fee’ is too large, but when you consider that a lawyer actually runs the risk that she would work for free – the amount doesn’t seem so significant. Even the minimum hourly rate of lawyers is quite high, although the actual amount of time and effort spent on the job may be less than specified in the contract.

Most often, companies use a mixed system of valuation services by applying success fee as well as fixed price quotes or hourly rates. This allows you to more intelligently manage the risks of the law firm.

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