Call us
01242 697821

Blogs

Keep up to date with the latest news and our guides on all things mortgages. 

Is your will in order?

Making a will is the only way to ensure your money, property, possessions, and investments (known as your estate) go to the people and causes you care about.

Let’s look at some top questions…

Q: How do I value my estate?

Your will should cover your whole estate, so it's a good idea to draw up a list of your assets and debts. Then, you have a clear idea of how much it's worth, which can help you decide how to distribute it.

Assets may include property, savings, investments, jewellery, or antiques. While debts are often mortgages, credit card balances, or loans.

It's a good idea to get assets valued regularly. For example, your house's price might have changed since you last checked.

Q: How do I divide my estate?

Your will needs to state clearly how you want your estate distributed and who should be responsible for distributing it. Think about who you want to benefit from your will. Or any specific gifts.

Executors are legally responsible for dealing with someone's estate after their death. It can involve a lot of work and responsibility, so choosing your executor (or executors) is important. When choosing who to appoint, you should talk to them to ensure they understand what's involved and that they're happy to do it.

If you want to leave a gift to a charity in your will, include the charity’s full name, address, and registered charity number so they can receive it.

Q: How do I write my will?

It’s usually best to get advice from a lawyer (check they're licensed with the relevant professional body, such as the Solicitors Regulation Authority.) Some charities and campaigns offer free will-writing services to encourage people to make wills and leave charitable legacies. Like Will Aid or Free Wills Month – Age UK. Banks offer will-writing services and advice about estate planning. But they might charge high fees for these services.

You can write your own will. But it's easy to make mistakes or miss out important details. So, we advise you to seek professional advice.

Q: How do I make sure my will is valid?

You must sign your will in the presence of two witnesses. And they must be present when you sign. Also, they must sign to say they’ve seen you sign your will. They cannot be the executor of your will. Or any partners who will benefit from it.

If your will isn't signed and witnessed correctly, it isn't valid. The rules are very strict and can be confusing. So, we advise you to get legal advice.

Source: https://www.ageuk.org.uk/information-advice/money-legal/legal-issues/making-a-will/

Related

Equity Release and your bill busting options

Equity Release and your bill busting options

As we approach the winter months, it inevitably gets colder and we’re all looking for ways to keep ...

Read More >
Inheritance tax allowance freeze: What does it mean?

Inheritance tax allowance freeze: What does it mean?

As announced in the Autumn statement by Chancellor Jeremy Hunt, the government have made the decisio...

Read More >
Why a specialist can save your mortgage

Why a specialist can save your mortgage

In our post-pandemic world, we are seeing lots of changes for the needs of borrowers! Do you need sp...

Read More >
How to restart your budget ahead of summer!

How to restart your budget ahead of summer!

With the sun on our faces and the right approach to your end-of-summer spending, you can achieve you...

Read More >
How technology is shaping the future of general insurance

How technology is shaping the future of general insurance

From AI-driven claims processing to integrating Internet of Things (IoT) devices for personalised co...

Read More >
Lifetime Mortgages: How to spring refresh your home with calm and wellness

Lifetime Mortgages: How to spring refresh your home with calm and wellness

Make your home a place for peace as we close in on those chilly winter months. We show you how you c...

Read More >

What our clients say...

Latest Blog

Key Trends Shaping Mortgages, Protection & Later-Life Lending in 2025

It’s been a busy year in the finance world! Have you been reading along? We’d thought we’d break ...
Read More

Case Study: Navigating Complex Lending

Applying for a mortgage can sometimes be straightforward, but when your financial situation is compl...
Read More

Understanding Tax Calculations and Tax Year Overviews

If you’re applying for a mortgage, you may have come across the terms SA302 and Tax Year Overview. ...
Read More

Want to Boost Your Home's Appeal? Start with the Garden

What an amazing summer we’ve been having, and if like us, you’ve been spending a lot of time in th...
Read More

Making the Most of Your Home in Retirement – With the Right Advice

For many people approaching or already in retirement, your home isn’t just where you live, it’s al...
Read More

From Renting to Retirement: How Your Insurance Needs Change Through Life

As your lifestyle evolves, so do the risks you face. Your insurance cover should adapt to reflect th...
Read More

Supporting a Self-Employed Single Mum with Critical Illness Cover

We recently encountered an interesting real-life scenario, and we thought it would be helpful to sho...
Read More

Boost Your Chances for a Mortgage

Are you looking for a new mortgage? How organised are you? Let’s go through some of the key criteri...
Read More

Stay Calm and Financially Resilient

Your Money, Your Safety Net...Life can be unpredictable. Whether it's a sudden job loss, an illness,...
Read More

Can Your Health Cover Help You Get Fitter? Here’s How

Are you looking to feel your best this summer? It can be a self-conscious time of year, but let’s m...
Read More


Fairview Financial Ltd is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Fairview Financial Ltd is registered in England and Wales no: 10912424. Registered office: 107 Promenade, Cheltenham, GL50 1NW.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

@ 2020 by Fairview Financial

Our Fees        

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

Our standard fee for Equity Release is £895 and this is paid on completion.

We also receive a commission from the lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. If we receive a commission, this will not affect the cost payable by you.

THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


  • Back to top