The following list are examples of real-life situations where a customer has decided to complete a scheme. It is intended to give a feel for the real value that these people have enjoyed:
- Repayment of a mortgage to increase monthly income
- A tax-free lump sum for a private hip operation to avoid a lengthy waiting list.
- Help a family member buy their first home.
- Help finance a move to a new home.
- Replacement of family car and home improvements.
- Supplement pensions and share investments.
- Reduce the value of the estate and save on Inheritance Tax.
- Be with the grandchildren and ‘enjoy my money whilst I am alive’
- Buy a motor-home to travel throughout Europe.
- Just to have the money to spend as I want, when I want’.
Our clients have also used equity release to purchase a villa in southern Spain, to pay for gas central heating and another simply doubled her annual income, making an enormous difference to her lifestyle.