26/05/2023
π’ Life & Mortgages can now support homeowners with Equity Release options.
Equity Release is a service reserved for homeowners aged 55+ where cash can be released tax free to use for whatever the heart desires, without having to make any monthly payments.
Why would someone consider Equity Release?
π‘ An alternative to downsizing/ relocating in retirement.
πΈ Helping your kids get on the property ladder (before you die)
πPaying for future holidays
Why should you care?
We especially see an opportunity here where parents can advance some of their inheritance to their children before they kick the proverbial bucket. The generational wealth gap has never been so large. 60% of the UK's property stock is owned by our parents and the average age of first time buyers has risen to 30+.
Why not weigh up your options with a product that is growing in popularity?
Click the link in our bio to check your eligibility. π