Northwood Banks & Co Limited

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  • 25/04/2019 - Roland Borriello 0 Comments
    Why You Should Have a Health & Welfare Lasting Power of Attorney

    Please watch our handy YouTube clip

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  • 13/04/2019 0 Comments
    ALL LAW FIRMS ARE REGULATED , AREN'T THEY

    Legal Services regulators of England and Wales have a website to help consumers: www.legalchoices.org.uk

    The following article is an extract from their website:


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  • 27/02/2019 - Roland Borriello 0 Comments
    Government Help With Buying Your First Home

    If you are saving to buy your first home, you might be surprised to find out that if you save money into a Help to Buy: ISA the Government will boost your savings by 25%. So, for every £1, 000 you save, you receive a government bonus of £250. The maximum government bonus you can receive is £3,000.

    The accounts are available to each first time buyer, not each household. This means that if you are planning to buy with your partner, for example, you could receive a government bonus of up to £6,000 towards your first home.
    How does it work?

    You can save up to £200 a month into your Help to Buy: ISA. In addition to kickstart your account, in your first month, you can deposit a lump sum of up to £1,200.

    The minimum government bonus is £400, meaning that you need to have saved at least £1,600 into your Help to Buy: ISA before you can claim your bonus. The maximum government bonus you can receive is £3,000 – to receive that, you need to have saved £12,000.
    Claiming the bonus
    When you are close to buying your first home, you will need to instruct your solicitor or conveyancer to apply for your government bonus. NORTHWOOD BANKS & CO are on the panel to deal with this special government bonus and will be able to deal with all the paperwork and legal side to ensure you get your bonus. Once they receive the government bonus, it will be added to the money you are putting towards your first home. The bonus must be included with the funds consolidated at the completion of the property transaction. It is worth noting That the bonus cannot be used for the deposit due at the exchange of contracts, to pay for solicitor’s, estate agent’s fees or any other indirect costs associated with buying a home.
    For help and advice on this or any other house moving question call Charles or Deepak on 01217069811.

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  • 17/10/2018 - Northwood Banks 0 Comments
    Will Aid

    Will

    Aid Solicitors raise £1.1 million for charity .Nine charities are set to
    benefit from a share of £1.1 million after solicitors across the UK took part
    in Will Aid, the national charity will-writing campaign. Northwood Banks &
    Co are proud to be one of the 700 + firms nationwide that took part in Will Aid
    2017, volunteering their time and waiving their fees during November to write
    thousands of basic wills for people, instead only asking for a voluntary
    donation. Northwood Banks & co have raised over £4,000 so far. Peter de
    Vena Franks, Will Aid campaign director, said: “Will Aid relies on the
    generosity of the solicitors involved who dedicate a portion of their time
    during November every year to help raise a staggering amount of money to help
    vulnerable people and communities in the UK and around the world. “Their
    efforts also benefit thousands of local people, providing them with the safety
    and security of a professionally drawn-up will which will protect their loved
    ones” Mr de Vena Franks said: “Taking the opportunity to provide support to a
    favourite charity by making a gift in your will makes a huge difference to
    those organisations and the millions of people they support.” Roland Borriello,
    director of Northwood Banks & Co said “ we are delighted to once again be
    part of this fantastic scheme. “ The Will Aid scheme will run again in November
    2018. To take advantage of this fantastic scheme contact us on 01217069811 and
    ask about the Will aid scheme.

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Contact us today to speak with our will writers in Birmingham, in the West Midlands.