You may be able to reduce the amount of inheritance tax that the beneficiaries may be liable to pay. It’s also the only way you can appoint legal guardians for your children. For example, if you don’t have a will and stipulate within it who you would want to look after your children in the event that you and your partner died, your children may be taken into foster care whilst the courts decide which of your remaining family members are the most appropriate to care for your children.
Making a will is very important if you co-habit with a partner but aren’t married, as you don’t have the same legal rights over each other’s assets as a married couple. Unfortunately, accidents and illness can occur at any age, and with so much potentially at stake, surely it’s worth spending a few hundred pounds to ensure that you can protect your family’s future in the event that you no longer can? Making a will doesn’t have to be onerous or expensive, and our business partners are here to assist you every step of the way. To find out just how simple it is, why not contact us for an initial informal discussion.
For insurance business we offer products from a choice of insurers.
You may have to pay an early repayment charge to your existing lender if you remortgage.
There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.
Monica Bradley Associates Limited is an appointed representative of Mortgage Advice Bureau Limited
and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.
Monica Bradley Associates Limited. Registered Office: Carlton Chambers, 16a The Broadway, Cheam, Surrey, SM3 8AY
Registered in England Number: 0885793