If your aged 55 to 105 It might be possible to switch your current mortgage from Capital Repayment or from Interest Only, to NO REPAYMENTS or AD-HOC REPAYMENTS.

The obvious benefit is extra cash flow which you might need. Just think how well off you could be if you didn't have to make your mortgage payments anymore.

The obvious downside is if you don't make any payments, interest is compounded and it can reduce your equity and inheritance.

With retirement lending based on age and property value you can move to a better home if you wish to with no extra outlay.

We've all heard of downsizing. Now under the right circumstances you can upsize without any outlay required.

For example Mr Smith may wish to move to a cottage near the sea that's 50% more expensive than his current home. Retirement lenders lend on your age and the value of the property your looking to buy. Mr Smith has no mortgage and is 78 years old so no problem. Mr Smith can move to the property of his dreams with no loss in income.

Save on inheritance tax

Reducing your Inheritance TAX bill can be achieved through Gifting from excess Income or by making Capital Gifts.

A  Lifetime retirement mortgage can be used to help you reduce your Inheritance Tax. See a suitably qualified tax adviser for further information.

It's how the rich get richer.

Knowledge is power and the power to reduce your IHT bill legally is available to you right now. It's all a question of do you want to leave 40% to HMRC or do you want to leave it to your beneficiaries.

Doing nothing is no longer an option

Everyone gets older and inevitably we will all die careful planning now will ensure your wishes are upheld and your legacy remains intact.

Contact Jeff Harris today 0800 062 2141

Succession Ltd

Suite 2 TAD Centre TS37SF

0800 062 2141