House prices are now rising in most regions of the UK, a trend which is likely to continue throughout 2014. There is evidence that grandparents have become an important source of finance for younger generations. Equity Release can be an effective method of helping family members to acquire a home. …
Family
Equity release as a way of reducing inheritance tax and other advantages
As we approach retirement, many of us will begin to think about not only our own future, but our children’s future. Equity Release could be a way to ensure that your loved ones receive more inheritance from your estate by reducing the effect of inheritance tax. …
Equity release could relieve student debt
As thousands of rampaging university students marched through Westminster this week protesting at tuition fees potentially being raised to £9000 a year, the realisation that many future students may be priced out of attending the top universities began to hit home. …
Supporting the Family with Equity Release
With the Chancellor George Osborne announcing that there is to be a cut to child benefits, many families will soon start to feel the pinch. If helping your family out financially is something you feel strongly about, you are aged over 55 and you own home, a lifetime mortgage or home reversion plan could be worth investigating as both allow the release of cash from a property to spend on absolutely anything desired and in fact one of the most popular uses of equity release is to help out the family. …
Equity Release Helps the Kids
Recent media reports have indicated that a growing number of young people in Britain are finding it difficult to make ends meet. And because of this, many parents or grandparents are looking into ways of finding the money to help them, perhaps by providing lump sums to pay for deposits on first homes or to lend a helping hand to get loved ones out of debt. …
Expect No Inheritance Says Report
Only ten per cent of Europeans reckon they are intending to pass on “significant wealth” to their kids says a consumer finances survey by Janus Capital Group. …
