Why advisers should warm to lifetime mortgages in response to frozen IHT thresholds

'The key factor with IHT is the eventual value of the estate'

clock • 4 min read

If clients want to prioritise keeping their IHT bill as low as possible, reducing the size of that estate is key, writes Dave Harris

When it comes to Budget announcements, we've never seen anything quite like it. The weeks of rumours and drip-fed hints of what's to come have become par for the course, but for the contents of the speech to be widely available before the chancellor has even stood up was, shall we say, more than highly unusual. As a result, there was no great sense of surprise when Rachel Reeves finally confirmed that a host of tax thresholds, including for Inheritance Tax (IHT), would be frozen for a further three years, taking us up to April 2031. However, the impact of this freeze may be significan...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Equity release

Why IHT changes mean advisers should look closely at lifetime mortgages

Why IHT changes mean advisers should look closely at lifetime mortgages

Advisers should consider lifetime mortgages in IHT mitigation planning

Sanjay Gadhia
clock 04 March 2025 • 4 min read
Later life lending products – a greater consideration post-Budget?

Later life lending products – a greater consideration post-Budget?

Range of lifetime mortgages available has broadened beyond the traditional

Sanjay Gadhia
clock 15 October 2024 • 5 min read
Royal London acquires later life lender Responsible Group

Royal London acquires later life lender Responsible Group

Mutual purchases remaining stake in later life lending group

Jenna Brown
clock 23 November 2023 • 1 min read