Author: Devigo Digital

by Devigo Digital

The Impact of a Lifetime Mortgage on Inheritance Tax

A lifetime mortgage is a popular way for homeowners, over 55, to unlock equity from their property while continuing to live in it. Whether used to fund retirement income, home improvements, or support family members financially, a lifetime mortgage can provide significant benefits. However, it’s important to consider how it can impact inheritance tax (IHT) and the value of the property you...

by Devigo Digital

Funding Later Life Care with a Lifetime Mortgage

A growing number of adults are feeling anxious about how they’ll afford care in later life. A recent report by LV= revealed that 67% are worried about covering the cost of care, and 63% fear they’ll run out of money altogether. With the rising costs of medical and in-home support, and increasing pressure on public health services, it’s no surprise that this issue is top of mind for many. A...