Short answer: No. Equity Release Plans (also known as Lifetime Mortgages) are not liable for tax. Longer answer: Lifetime Mortgages do not attract tax because they are a type of (long-term) loan. However, you might take a lump sum equity release plan and place it in a savings account. As a result of this, you will accue interest. This interest could attract tax, if it exceeds your Personal Savings Allowance. If you reach your Personal Savings Allowance limit, you can protect …
The goal posts of the mortgage game are moving all the time. Without the benefit of the electronic goal tech of The Premier League, who can tell you what the score is? We can. Now, more than ever independent advice is needed to give you the best opportunity of a win. Regents Court Financial has access to the whole mortgage market and can make this advantage work for you. Call us on 01902 311381 and ask for Ron Warren.
So sang Bob Dylan, all those years ago. In the current pandemic the same applies to mortgages and protection plans. A free review of these will ensure that you are getting the best deal, TODAY. We have whole of market access, so call Ron Warren today on 01902 311381, and test our added value.
The current pandemic has clearly shown the World’s vulnerability to sudden ill health and death.Now is a perfect time for a free life assurance review. This will enable you to assess the level of protection needed for you, your family or business.Call 01902 311381 and ask for Ron Warren. We are independent and can provide the best advice for you.
Equity Release could provide you with a tax – free lump sum, which could be used for extra income.Call us today for more information. Call 01902 311381 and ask for Ron Warren.
When “Financial Adviser” newspaper decided to test a sample of four mortgage firms in the Wolverhampton area, they picked Regents Court as one of the (unwitting) participants and awarded us the top mark! The National newspaper selected three independent companies and one Building Society, then rang each organisation, posing as a new client looking for advice. They awarded marks according to Telephone manner Relevant qualifications Payment method Guidance provided Email/web presence Knowledge We scored 31/35, the highest mark, the lowest …
It is often the case that new clients, seeking mortgage advice, find out that their property and contents are insured for more than their own lives. Our life assurance advice is free, and independent, and we can help to redress the balance and restore you as the greatest asset you have.
How much Tax Free Cash could you access, today?
Equity Release may be the best way for you to make that long desired purchase. If you are over 55, and own all or part of your home, we can advise as to how Equity Release may be right for you. We have whole market access and are authorised by the Financial Conduct Authority.
Mortgages for Businesses is urging landlords who wish to expand their portfolios to do so now thanks to the recent stamp duty cut, effective until March next year. Essentially, it means that landlords are now charged 3 per cent tax on properties that cost up to £500,000, whereas previously, the tax bill would have paid this plus residential rates of up to 5 per cent. A landlord buying a property at £500,000 will consequently see their tax bill drop from …