Monthly Archives: March 2023

Selling Property

Planning and preparation

Buying and selling property at the same time

Selling your home to move into a new home at the same time can be a challenge. The dreaded property chain can cause chaos, tripping you up at the last minute.

With both processes, there can be a lot of paperwork and agreements involved, and without the right advice there’s a lot of room for error.

Growing demand for mortgages for older borrowers

Age is an issue of mind over matter. If you don’t mind, it doesn’t matter

As the population in the UK continues to age, there will be an increasing demand for mortgages for the over-50s. People are continuing to work for longer in order to reach their desired retirement lifestyle but also in response to changes in wealth, State Pension provision and to reflect the fact that we are living longer as a society.

This creates a much more challenging hurdle for people to overcome in order to fully retire. Gone are the days of ‘carriage-clock retirement’.The demand for mortgages for the over-50s is due to a number of factors, including the ageing population and the increasing cost of living crisis.

Trusts

‘Ring-fencing’ assets to protect family wealth for future generations

You may want to consider putting some of your assets into a trust for a loved one. Trusts are a way of managing wealth, money, investments, land or property, for you, your family or anyone else you’d like to benefit.

Making a Will

Avoid legal wrangles and confusion over who will benefit from your estate

A valid Will is an incredibly important part of estate preservation planning and will ensure that, should the worst happen, your assets, whether they be financial wealth or possessions, are distributed in an orderly fashion to the right beneficiaries.