Manage family loans with confidence. Professional documentation, payment tracking, and UK tax compliance built in.
of UK first-time buyers receive family help
wealth transfer expected in next 20 years
to avoid inheritance tax on gifts
Stay on top of your family loan with clear, visual tracking
Without proper documentation, family loans may be treated as gifts. If the lender passes away within 7 years, the loan could face 40% inheritance tax.
Solicitors charge £500-1,500 for loan agreements. Most families skip this step, creating legal uncertainty and family tension.
Informal arrangements lead to misunderstandings. When should repayments start? What happens if circumstances change? Awkward conversations damage family bonds.
Spreadsheets and handshake deals make it impossible to track payments properly. This creates confusion and potential disputes down the line.
Generate legally sound loan agreements tailored to UK regulations. Clear terms prevent misunderstandings and protect both parties.
Built-in guidance on the 7-year rule, gifted deposits, and HMRC requirements. Avoid costly inheritance tax mistakes.
Set up repayment schedules and get automatic reminders. No more awkward conversations about missed payments.
Clear documentation and transparent tracking remove uncertainty. Help your children while maintaining healthy boundaries.
Interest-free or with interest. Immediate repayment or deferred. Secured or unsecured. You decide what works for your family.
Unlike generic loan tools, we specialize in helping parents assist with property deposits and purchases.
Sign up to learn how our tools can help you document and track family loans.