Mr S had a long and successful career and owned an expensive house in Surrey. He was very concerned that his children would see the value of their inheritance greatly reduced by inheritance tax. He therefore decided to take out an equity release mortgage to allow him to give them their inheritance now when he could see them enjoy it. It was likely that he would live for more than 7 years, therefore completely removing this money from inheritance tax.Case studies
CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE. Equity Release Mortgage Advice Ltd (FCA no. 725996) is an appointed representative of JLM Mortgage Services Ltd. which is authorised and regulated by the Financial Conduct Authority (FCA) registration number 300629. The FCA do not regulate some forms of mortgages. Equity Release Mortgage Advice Ltd is registered in England, No. 09856670. The guidance within this website is solely targeted at consumers based in the UK. We charge a fixed £995 fee, only payable at completion.