Borrowers over 70 took out nearly £2bn in mortgages last year – are those mortgages being used to cut IHT bills?
Borrowers aged over 70 took out nearly £2bn in non-equity release mortgages last year, according to exclusive data obtained by TWM Solicitors*. Some older borrowers have been taking out these mortgages partly so that they can make Inheritance Tax (IHT) free transfers to their children and grandchildren. Many older borrowers make IHT-free transfers to help the […]
Reeves gets £197m capital gains tax boost as investors race to sell up
Relocation of the family: what needs to be considered?
Following a divorce or separation between parents, the location of the children’s home base may be a point of contention, especially if it results in the children being moved further away from one parent, whether in the UK or abroad. If you have parental responsibility over the children, you will have equal rights of decision-making […]