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Letter Of Indemnity Question
confusednorfolk
Posts: 18 Forumite
Hello i was wondering if anyone can give me some advice, My friend is in the process of giving me a small property (see my other posts) and we have had some advice that it may be a good idea to get a letter of indemnity written out from a third party profesional who has met my friend to say that no coersion has taken place.
We have been dealing with a company that are sorting out my friends pension and wills and also dealing with setting up a LPA, they have obviously been to my friends house on many occasions. They have quoted £750.00 to do this said letter which i was shocked about, when i questioned the cost they said it is just not a letter but indemnity backed ?
Can someone please explain in laymans terms what all this means, and more importanaly if the cost is a figure that is acceptable ?
Many thanks and i apologise if this is not in the correct section of the forum.
We have been dealing with a company that are sorting out my friends pension and wills and also dealing with setting up a LPA, they have obviously been to my friends house on many occasions. They have quoted £750.00 to do this said letter which i was shocked about, when i questioned the cost they said it is just not a letter but indemnity backed ?
Can someone please explain in laymans terms what all this means, and more importanaly if the cost is a figure that is acceptable ?
Many thanks and i apologise if this is not in the correct section of the forum.
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