Using Equity Release to help your loved ones
Mr S decided to unlock a tax-free cash lump sum from his property through a lifetime mortgage - the most common form of equity release - to gift to his children to help them extend and renovate their existing properties
Mr S decided to unlock a tax-free cash lump sum from his property through a lifetime mortgage - the most common form of equity release - to gift to his children to help them extend and renovate their existing properties.’ It was far easier for us to help our children by releasing some of the equity from our property than for them to try and extend their own mortgages in order to access the funds they needed.’
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Why not get in touch and see how we can help?
Equity release could be the answer to some of your financial questions. If you would like to know more about it, and see if it could be the right option for you, please book an appointment or request a call-back
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Equity release will reduce the value of your estate and may also affect your entitlement to means-tested benefits. You should always think carefully before securing a loan against your home.
Unless you decide to go ahead with a plan, our service is completely free of charge, as our fixed advice fee of £1,295 is only payable on completion of a plan.
A lifetime mortgage is the most popular form of equity release, and is a loan secured against your home that’s typically repaid when you pass away or go into long-term care.
