The following list are examples of real-life situations where a customer has decided to complete a scheme.
It is intended to give a feel for the real value that these people enjoyed
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Repayment of a mortgage to increase monthly income
• A tax-free lump sum for a private hip operation to avoid a lengthy waiting list.
• Help a family member buy their first home*.
• Help finance a move to a new home.
• Replacement of family car and home improvements.
• Supplement pensions and share investments.
• Reduce the value of the estate and save on Inheritance Tax.
• Be with the grandchildren and ‘enjoy my money whilst I am alive’
• Buy a motorhome to travel throughout Europe.
People have also used a Lifetime Mortgage to purchase a villa in southern Spain, to pay for gas central heating and others have simply doubled their annual income, making an enormous difference to their lifestyle.
If a Lifetime Mortgage is suitable for you then the benefits can be priceless. If you are considering a Lifetime Mortgage, obtain impartial advice. It costs nothing to obtain a free personalised illustration.
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This is a Lifetime Mortgage. These are only applicable to those 55 and over, and it could affect eligibility to state means-tested benefits and the inheritance you may leave. To understand the features and risks, ask for a personalised illustration
* If you give money way the recipient may have to pay inheritance tax in the future
This is a Lifetime Mortgage. These are only applicable to those 55 and over, and it could affect eligibility to state means-tested benefits and the inheritance you may leave. To understand the features and risks, ask for a personalised illustration.
