Straightforward transaction at undervalue ILA
What is a transaction at undervalue?
A transaction at undervalue (sometimes referred to as a non-benefiting party) occurs when you sell or transfer property for less than its full market value, such as gifting property to a family member or selling it at a significant discount. While these transactions are common in family arrangements, they can be scrutinised by creditors, especially if you face financial difficulties down the line.
Lenders and solicitors often require you to get independent legal advice (ILA) to ensure that you fully understand the potential risks, including claims of insolvency or challenges to the transaction. Before you proceed, it’s important to understand the implications and protect yourself.
That’s where iLA can help.
Why you need independent legal advice (ILA) for a transaction at undervalue
Ila provide clear,
jargon-free
guidance
Our role is to ensure that you’re fully informed about:
Insolvency risks:
The impact on future transactions:
Protecting your interests:
The legal fine print:
Our goal is to protect you from unexpected consequences and ensure that you’re fully aware of what this transaction means for your financial future. Plus, we do this in the most seamless and efficient way possible.
How it works
? ?
1
Book your appointment
2
Get ready for your appointment
3
Get your legal advice
4
Sign and complete
We’ll handle the technical details, so you can focus on making the best choice for your future. Visit our process page for more detailed information.
Why Choose
?
Here’s why guarantors across the UK trust us for their ILA:
Here’s why clients trust us for their transaction at undervalue advice:
Specialists in property transactions:
Fast, flexible appointments:
Transparent, fixed pricing:
Our fees are clear and upfront—no surprises. Visit our pricing page for more information.
