“Gift Inter Vivos” is a specific type of life insurance policy designed to cover potential inheritance tax (IHT) liabilities on gifts made during one’s ...
“Joint life second death” life insurance, also known as “second-to-die” or “survivorship” life insurance, is a type of policy that covers two individuals, typically ...
“Joint life first death” life insurance is a type of joint life insurance policy that covers two individuals, typically partners or spouses. The policy ...
In the digital age, the risk of identity theft and financial fraud is ever-present. CIFAS, the UK’s leading fraud prevention service, plays a crucial ...
The Maximum Working Age (MWA) is the age up to which lenders consider an applicant’s earned income when assessing mortgage affordability. Most UK lenders ...
The European Standardised Information Sheet (ESIS) is a document that provides detailed information about a mortgage product to potential borrowers within the European Economic ...
BISF (British Iron and Steel Federation) houses are a type of non-traditional, prefabricated housing built in the UK between the 1940s and 1950s. The ...
PRC Certificates, also known as PRC Repair Certificates or PRC Completion Certificates, are documents issued to confirm that a prefabricated reinforced concrete (PRC) house ...
A restrictive covenant is a legal provision included in the title deeds or land registry documentation of a UK property. It imposes certain limitations ...
The Loan to Income (LTI) flow limit is a technical recommendation made to the Financial Conduct Authority (FCA) by the Financial Policy Committee (FPC) ...