Will I still be able to leave an inheritance?
By tapping into some of your home’s equity now, the amount that you may have planned to leave for your children will be reduced, but for many people this is a small price to pay for being able to stay in their home and have financial independence.
Some of our customers even take out a reverse mortgage to provide an early inheritance, which allows them to give a substantial amount of money to their children at a time when they need it, rather than many years from now. This also allows them to see the impact this inheritance can make.