Protecting your assets with a Life Interest Trust


Leaving someone a life interest in your Will means they will have the benefit of the asset, for example a property, for the rest of their life following which it will pass to a beneficiary chosen by you. There may be times when it is better to leave someone a life interest, rather than give […]

Who pays the fees in a divorce?


Divorce costs can be paid by either party or each can pay their own fees, depending on the circumstances of each individual case. The initial application to court to obtain a divorce or dissolution of a civil partnership needs to be accompanied by the court fee of £550. This is payable by the party who […]

Five surprising mortgage truths


Mortgage companies are becoming ever more flexible, meaning that whatever your situation there is probably an ideal product for you. Finding a mortgage can be time-consuming and complicated. If you’re struggling to find the right product, consider speaking to an independent financial adviser to obtain some help. We look at some of the situations where […]

How to keep your garden looking great in winter


An attractive garden can boost the value of your home, but if you’re selling in the winter months it can be hard to show it off. We look at some tips for keeping your outdoor area looking good in the dormant season. When most plants have shed their leaves and nothing much is growing the […]

Valuing an estate for probate


After someone dies, everything in their estate needs to be valued. We take a look at why and how this is done. For most people, their estate will need to be wound up by either an executor or, if they have not left a Will, an administrator. Part of this person’s job is to value […]

Conscious uncoupling: ending a marriage without acrimony


As divorce law is set to be reformed to remove blame, we look at a modern way for couples to separate. The term conscious uncoupling refers to the ending of a relationship in a positive way. Instead of acrimony, the intention is that both parties will go on to better and happier futures separately, but […]

What happens when a homeowner with a mortgage dies


When someone who has a mortgage dies, it is important to notify the lender as soon as possible. If the property has been left to you in a Will, you should ask them about the options for taking on some or all of the mortgage if it cannot be repaid. After a death, notifications need […]

The best property locations for avoiding the risk of flooding


Flooding can bring devastation to affected homes and areas. Buying in an area of high ground might be the answer. The Environment Agency estimates that over five million homes in England are at a higher than average risk of flooding, with flooding now a more common occurrence than burglary. The Agency also says that intense […]

The charities that are receiving the most from gifts left in Wills


Leaving a gift to charity in your Will can reduce the amount of Inheritance Tax payable by your estate, as well as benefit your favourite good cause. In 2018, £3 billion was left to over 10,000 different charities in Wills. Smaller charities are increasingly popular, possibly following some high profile failures by bigger organisations. An […]

Selling an investment property


When you sell an investment property, it can be more complicated than selling your home, particularly if you have tenants in the property or if it means that you will be liable for Capital Gains Tax. If your property is tenanted, the first thing you need to do is to decide whether to sell with […]