6:00 AM, 2nd May 2022, About 4 weeks ago 7
I own four Buy to Let flats outright/unencumbered. I also have 4 grandchildren all due to attend private schools with correspondingly costly term fees.
My question is: What is the best way to use my accumulated equity, but not cash wealth to support the parents with the school fees?
Should I consider – Equity release, remortgaging and paying interest on loans again, gifting a flat to parents or paying some of the fees from the income in my rental account?
Are the other options I have not considered?
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