14th February 2018
This week has been all about the house (never mind Valentines Day!). Steve Kenneford in the Conveyancing team is dealing with getting James released from the mortgage and the house transferred to me. Marilyn is liasing directly with Steve so I know he has all the information he needs.
I’m not going to go into all of the details but when I applied to have the house transferred into my name, the bank then said they will not allow any other charges over the property. This thwarted my original plan for Mum and Dad to have a charge as they have lent me money to buy James’s share of the house.
Mum and Dad have very kindly agreed that the money will be a gift as an advanced inheritance which circumvents the bank issue.
I applied to insure James’ life and now all I need is for James to take his life insurance medical.