Title Deeds
If your property is unregistered, we will need all of your title deeds to enable us to establish the full legal title to your property and prepare for first registration at HM Land Registry. Sometimes clients do not wish to provide us with all of the documents as they either hold sentimental value or they […]
There is going to be a Shortfall for my mortgage. Why do I have to provide evidence of where this money comes from?
Whilst we know this can be annoying and you do not want to provide personal information relating to your finances, we are governed by very strict regulations which provide that we must make full enquiries as to where funds are coming from. Unless we have carried out these checks and have satisfied ourselves that we […]
I am using Equity Release to fund my divorce and want everything dealt with as quickly as possible
Inevitably this is the case and we will always do our best to help clients in this situation. However, it is very important that there is a sealed financial consent order in place before we will be able to progress your case and in this regard, we would recommend that you take independent legal advice […]
Why does my occupier need to take independent legal advice?
If you have anyone living in your property who is over the age of 17 then it is a requirement of the contract into which you are entering, that the occupier takes independent legal advice so that they are aware of their legal position should anything happen to you which leads to the Lender taking […]
Why Do I need to provide proof of my change of name when this is the name I am known by?
Quite simply, you are entering a legal contract and it is imperative that there are no errors or inconsistencies in the documentation that is signed by you and presented to HM Land Registry. It is not sufficient to advise that you wish to proceed with your application in the name you are known by if […]
Can we apply for Equity Release if one of us has an Attorney acting on our behalf?
The answer to this question really depends upon who is acting as your attorney and whether you have lost mental capacity or not. If your partner, who is also on your application, is your Attorney, then the easy answer is no, you cannot proceed. You must both be independently advised when taking out an equity […]
Trusts
A trust is a way of managing assets for the benefit of someone else. Trusts can also be very useful in tax planning. Trusts can either be set up during someone’s life or on their death. The Trustees of the trust manage the assets on behalf of the beneficiaries. Different trusts have different rules as […]
The Role of the Attorney
Being an Attorney is an important and worthwhile task. It means you have been chosen by someone who trusts you to look after their affairs if they lose mental capacity. As an Attorney you may have to make decisions about two different things; the property and financial affairs of the person granting the Lasting Power […]
The Court Registration Fee
In order to register your Lasting Power of Attorney at the Office of the Public Guardian there is a fee to pay of £82.00 per document. There are, however, exceptions available. Depending on your circumstances you may be exempt from paying the fee entirely or be eligible for a 50% remission. If you are in […]
Mental Capacity Assessments
One of the features of the Health and Welfare Lasting Power of Attorney is that, once registered, it can only be used by your Attorneys once you have lost mental capacity. This means that up until then you can continue to make decisions regarding your health and welfare. If you would prefer your attorneys appointed […]
