Thank you for this - most useful.
Concerning the liferent, does the rent need to be set at a "reasonable market price" or can me and my daughter contract to a symbolic or peppercorn rent, say 50 pounds a month?
I notice your disclaimer - and I understand it, legal advice only, no lawyer-client relationship.
But, could our relationship become lawyer-client, for the purposes of drawing up the liferent contact - or do I need to seek a solicitor on my own.
Do I need to speak to a solicitor - or do I simply need to go to my lender, Clydesdale bank, and ask them to arrange the transfer?