Have you ever considered using your pension to buy a house for your child?
Did you know that you could not only access your pension from 55, you could access it even if you are still working?
If you add up the total amount given last year it comes to around £6.3 billion, which makes the bank of mum and dad the 10th biggest mortgage lender in the UK!
Some parents will use savings, some will use equity release from their own home, and some will use their pension.
Here’s what you need to know if you wish to consider the pension option.… Continue Reading