Private Education Planning

Private education costs are at the forefront of parents minds and many of our clients have taken advantage of aged debt funding to finance school 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 £75,000. The benefits are substantial with some clients negotiating a discount from the bursar by paying 12 months fees upfront.

If only a term’s fees are required in advance many clients consider the option of sweeping the unutilised loan balance into a reserve account to be drawn down as and when fees need to be settled, thereby offering 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.