Unlocking £2M to fund six grandchildren’s private education from a £6M London property
Background
A London couple owned their home since the late 1950s. The property value had grown to £6 million. They wanted to create opportunity and legacy for their family while they were around to enjoy the impact.
Challenges
Release significant equity without losing the family home
Fund private education for six grandchildren
Reduce future inheritance tax liability
Navigate complex legal process with confidence
Complete in time for school fees
The approach
Tivoli Legal handled all legal aspects after the financial advice stage. We guided the couple through the Equity Release process with clarity and care, ensuring they felt informed and protected at every step.
Our focus: To make sure the client understood their options and felt in control of their decision.
What we did
- Conducted a full legal review of the £6 million property
- Co-ordinated with the Financial Adviser for a seamless handover
- Managed all legal documentation and compliance
- Maintained clear communication throughout the process
- Ensured funds were released on schedule
house value
released
to release of funds
The result
- £2 million was released to fund the education of all six grandchildren.
- This reduced the estate for future inheritance tax planning.
- It also brought the family closer through this shared experience.
The moment that mattered
When Ailsa called to confirm the funds were ready, the grandfather was at a Christmas carol service with his grandchildren. His response: “You couldn’t have phoned at a better time!”
What this means for you
This heartwarming story exemplifies how the Bank of Mum and Dad can transform lives, enabling families to create lasting memories together while also considering the financial implications of inheritance tax.
This moment captures what equity release can mean when used intentionally. It’s not just a financial product; it’s a tool that can be used intentionally to create a legacy, ease pressure on the next generation, and bring families closer together.
Whether you’re helping family onto the property ladder, funding education, or planning for inheritance tax, we’ll guide you through the legal process with empathy and expertise.