The Brightstar Group has introduced plans to launch The School Fees Company, a brand new advisory service designed to assist dad and mom handle the rising prices of personal training with regulated monetary recommendation.
The recommendation service will supply steering and sensible monetary options for folks involved about protecting non-public school fees, notably in mild of rising prices and the appliance of VAT.
At the beginning of the 12 months, the common annual non-public school charge rose to over
£22,000, based on the Independent Schools Council, which represents a 50% improve over the previous decade.
The new service will permit dad and mom to discover a variety of funding instruments together with remortgage, additional advance, second cost mortgages and fairness launch.
For instance, there are merchandise that may cut back curiosity prices and supply flexibility when planning for multi-year school fees.
The official firm launch will observe on the 17 October on the National Schools Rugby Festival, at St Joseph’s College, Ipswich.
The Brightstar Group chief govt Rob Jupp says: “Tens of hundreds of kids now face an unsure future for his or her training. Hard working households who sacrifice a lot to prioritise their youngsters’s training want help and clear choices.”
