We have a Labour government, and for many parents the thorny issue of VAT on school fees, affordability and whether there is any financial wriggle room has bubbled to the top of the agenda.

In the first of three of our Two Minute Truths series with Selina Finance we discuss school fees and how the new HELOC loans (Home Equity Line of Credit) – popular in Canada, the US and Australia – could offer parents the credit lifeline.

Muddy’s Editor-in-Chief Hero Brown talks to Joe Askew, Head of Private Clients at Selina Finance.

Looking for schools…

• Start your search with Muddy’s Best School’s Guide.