Please see below the other services we can offer to help structure your financial background.
Getting a mortgage, and protection insurance are great and definitely a must have in our eyes. But did you know there are other key elements to consider when it comes to your financial background? See below on what we mean by this.
Solicitor
Finding you a suitable solicitor.
Our business commits itself to putting you in the right hands with a solicitor that takes away the stress normally associated with the house buying and mortgage process.
Whether you are buying for the first time, moving to a new house or re-mortgaging you will need to instruct a conveyancer to deal with all the legalities involved in completing your home purchase or re-mortgage.
We have access to professional specialised conveyancing firms to find you a highly competitive conveyancing quote.
Find out more about the people we trust with your conveyancing requirements.
Should you have a need for conveyancing services you will be referred to a third-party provider. Neither Envision Financial Solutions nor First Complete Ltd are responsible for advice provided by any third party.
Conveyancing is not regulated by the Financial Conduct Authority we are not authorised via PRIMIS Mortgage Network to advise on them.
Inheritance Tax
What exactly is inheritance tax?
Let us dispel a myth right here and now. You do not have to be super rich for your estate to be subject to Inheritance Tax (IHT) after you die. Currently IHT is levied on everything you leave over £325,000 (2017/2018). This includes more than just your home but also the following items which can quickly add up.
- Your investments and savings.
- Your car.
- Your furniture and personal effects.
- The proceeds of your life insurance (unless it is written in trust).
The rate of IHT is 40% for everyone. The tax is paid by those that inherit – and is deducted from the estate on death – so Inheritance Tax is relevant whether you stand to gain an inheritance or plan to leave one.
Should you have a need for estate planning you will be referred to a third-party provider. Neither Envision Financial Solutions nor First Complete Ltd is responsible for any advice provided by a third party.
Estate Planning is not regulated by the Financial Conduct Authority we are not authorised via PRIMIS Mortgage Network to advise on them.
WILL Service
If you do not have a Will in place, you have no say over what happens to your assets when you pass away, and this can cause many difficulties for your loved ones and dependents.
It is particularly important to have a Will in place if you own your own property, are married, have entered a Civil Partnership, have a long-term partner, have dependents or wish someone to benefit from your assets who is not a close member of your family. By making a Will, you can stipulate how you would like your assets to be distributed in the event of your death – giving you and your family protection and peace of mind.
There is a general misconception that if you are Married or have entered a Civil Partnership that your spouse of civil partner will automatically inherit everything you own upon your death. This is not the case. On the contrary, the law sets out who gets what in the Law of Intestacy. These laws may not represent your wishes, which is why it is important that you consider setting up a Will to ensure that your wishes are followed. Furthermore, the law makes no provision for a partner if you are not married or in a civil partnership – even if you have lived together your entire lives.
Should you have need to arrange a will you will be referred to a third-party provider. Neither Envision Financial Solutions nor First Complete Ltd is responsible for any advice provided by a third party.
Wills are not regulated by the Financial Conduct Authority we are not authorised via PRIMIS Mortgage Network to advise on them.