Where to Find a Specialist Equity Release Solicitor In London
June 9th, 2014
As part of the equity release process, the Equity Release Council (formerly SHIP) laid down a number of principles that both lenders and solicitors must follow. By bringing consumer protection to the fore has helped stabilise and add a layer of confidence to the whole realm of how equity release schemes are perceived. …read more
How London Equity Release Schemes Can Reduce your Inheritance Tax Bill
May 19th, 2014
One of the realised values of using any London equity release scheme is the ability to gift inheritance early. Inheritance tax (IHT) is one of the largest discussions right now due to the £325,000 threshold. This threshold is much lower than most London property values, creating a difficult situation for larger estates. It is not the just the London homeowners who suffer from IHT, but actually the beneficiaries, as and when the bill comes to them. Equity release is a vehicle to use for lowering the end bill and also helping out your children now. This premise will be examined in detail along with the use of an enhanced lifetime mortgage calculator and some independent advice. …read more