Joint Tenants or Tenants in Common?

Joint Tenants or Tenants in Common?

When choosing to buy a property with someone else, it’s important to consider what would happen to your share if you were to pass away. There are two different ways of owning a property jointly: as joint tenants or as tenants in common. Joint tenants If you own a...
Mortgages in later life and after retirement

Mortgages in later life and after retirement

Contrary to popular belief, it is possible to secure a mortgage once retired or over the age of 60. However, aside from the usual risks associated with obtaining a mortgage, there are a number of extra considerations that retirees or borrowers in later life should...
What happens to your debts when you die?

What happens to your debts when you die?

There are many misconceptions about debt and inheritance. It’s not correct that when a person dies, their debts die with them or that their family members are responsible for paying their debts. When someone dies their debts are normally paid out of their estate...