Insolvency Act legal indemnity news

Below you’ll find articles or communications we’ve issued over the last couple of years which are related to our Insolvency Act indemnities.

Spring 2024 - Bank of Mum and Dad causes concern for lenders
Spring 2024 - Bank of Mum and Dad causes concern for lenders
We’re all familiar with how important financial support from family members has become for young people saving for a deposit to buy their first home. Last year that support reached record levels, with house buyers receiving over £8 billion worth of lending from parents, grandparents and other family members!
Autumn 2020 - Gifted deposits needn’t leave lenders in a bind
Autumn 2020 - Gifted deposits needn’t leave lenders in a bind
We have a range of products designed to protect lenders should a transfer at undervalue or gift ever be set aside due to claims under the Insolvency Act.