Private education costs are at the forefront of parents minds and many of our clients have taken advantage of aged debt funding to finance shool fees usually structured over a 5 year term .
Most individuals choose to fund various significant acquisitions ,so why not spread the cost of education in the same potentially tax efficient manner?This is especially pertinent when one considers that 5 years of school fees for a single child could equate to £75,000The benefits are substantial with some clients negotiating a discount from the bursar by paying 12 months fees upfront .
If only a terms fees are required in advance many clients consider the option of sweeping the unutilized loan balance into a reserve account to be drawn down as and when fees need to be settled ,thereby offereing peace of mind . Our product has also been used to fund nursery/nanny fees and university costs and even care home bills .
To find out more about the benefits of our flexible scheme please call us on 0845 500 1666.
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