Lifetime Property Trusts (LPTs) are Trusts set up during your lifetime that place your main residential property into a Trust. Rather than being the owner of your property, you will become a Trustee, along with your other Trustees, who are usually family members or close friends. You still have responsibility to maintain the property, and you can not be forced to move out of the property.

We can assist you with creating your Lifetime Property Trusts (LPTs). You must own your property mortgage-free. We have created a specialist guide that gives more information, but to get started please let us know a convenient time to give you a ring and one of our friendly advisors will be in touch for a no-obligation consultation.

The main advantage of placing your property into a Trust is that it is protected against third party claims in the future. Please contact us to discuss this further.

You can – but we do not recommend this as an Estate Planning tool, because if your property is no longer registered in your name, you lose control of it and could even be forced to move out by the new registered owner.

The cost varies dependent upon the value of your property, but as a rough guide, the cost would be 1% of the current value of the property.

Anyone who owns their property mortgage-free and wishes to protect the value for their loved ones in the future. If you are considering placing your property into a Trust, you should also consider creating/updating your Will. Please get in touch with us to discuss both of these steps in more detail.