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How can equity release support your inheritance plans?
There are a few ways you can protect your family’s inheritance. If you want to leave a fixed inheritance, you can protect some of your home’s value by choosing a product with an inheritance protection. That’ll cut down the amount you can borrow, but it means a set amount will remain as an inheritance for your family or friends.
You can pay back some or all of the interest on your loan, reducing the amount you owe and leaving more for your family to inherit.
For John and June, knowing that they have a fixed lifetime mortgage interest rate, compared to the uncertainty of inheritance tax rates in the future, reassured them that they were making the right choice for their family.
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