Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
8:52 AM, 23rd February 2016
About 3 years ago
We are having our wills renewed, as they where written 26yrs ago, and our situations have changed.
Our children are now old enough to be executors of our will and we now own some rented properties, which I don’t know if it makes things more confusing.
My main concern is can rent be collected on the rental properties, all on BTL mortgages. We saw a solicitor on Friday and I asked if this can be done, as I know our bank accounts will be frozen on 2nd death, but he said it would be no problem having rents paid into the executors account, this did not seem correct to me, and initially he didn’t to have an answer.
Can this be done or am I been given wrong information, as I don’t want to cause a problem later.
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