D
davidod
Guest
Hi
I have a stream of income of €12,700 anually (tax free) that is likely to last for another 15 years.
I want to purchase a portion of my parents house from them in order to free equity up for them to create a small pension and allow them to remain in the house ad infinitum.
THe house is worth c. €675K.
A few questions;
Can anyone recommend a bank that will lend me the money secured on my parents house (which is debt free) to secure this loan on the basis that I guarantee it?
Assuming I unlock €200K for them can anyon recommend a good high yield investment to provide an income from this?
Lastly and most importantly can you recommend a good independant financial advisor to advise on this ?
many thanks
I have a stream of income of €12,700 anually (tax free) that is likely to last for another 15 years.
I want to purchase a portion of my parents house from them in order to free equity up for them to create a small pension and allow them to remain in the house ad infinitum.
THe house is worth c. €675K.
A few questions;
Can anyone recommend a bank that will lend me the money secured on my parents house (which is debt free) to secure this loan on the basis that I guarantee it?
Assuming I unlock €200K for them can anyon recommend a good high yield investment to provide an income from this?
Lastly and most importantly can you recommend a good independant financial advisor to advise on this ?
many thanks