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Gifting

Thinking of gifting family members? Read more below.

Gifting Family


This purpose has certainly grown in the past few years. Borrowers can raise funds on their home via an Equity Release plan in order to gift family members.

Typically, this would be for their children or Grandchildren to purchase property, pay off their own mortgages or pay for school/University fees. Sometimes there can be a benefit in relation to Inheritance tax too.

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. We provide whole of market advice on Lifetime Mortgages. We DO NOT give advice on or arrange Home Reversion plans. London Equity Release Advice is a trading style of R Young Financial Consulting Ltd (FCA number 539235) which 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. R Young Financial Consulting Ltd is UK registered company( No: 09128155). Registered address: The Yew Tree Inn, High Street, Gresford, Wrexham, United Kingdom, LL12 8RF. The guidance within this website is solely targeted at consumers based in the UK. We charge a fixed £995 fee, only payable at completion.

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