Case Study –Lifetime Mortgage | Gifting Living Inheritance

Value £4,500,000
Lifetime Mortgage £1,890,000
Location Notting Hill
LTV 42%
Achieved Rate 4.17% MER
Adviser Stephen Savill

The Client

Our clients, aged 72 and 73 owned a listed leasehold home, in a desirable London location. They wished to use a lifetime mortgage to gift a living inheritance to their sons with equity released from their property. This would allow their sons to enjoy the benefits while they are alive to see it, as well as help mitigate their own inheritance tax liability.