Category: Case Studies

The burden of mortgage repayments can be difficult enough when you’re still working. But once you retire, and that regular income ceases, the burden can become untenable. This was the case for one client who came to us for help to prevent his home being repossessed. The challenge A 75 year old retired gentleman with… Continue reading How a Lifetime Mortgage helped our client stay in his own home

Stories of homeowners waking up to find that they can no longer afford their mortgage due to rising rates are becoming commonplace. Here’s how equity release can be a solution.

Two-year fixed-rate mortgages are currently rising above 6% and are expected to continue even further. This has made mortgage payments unaffordable for many homeowners, especially for first-time buyers. In a lot of cases, this has put increasing demand on parents and grandparents to support their children and family, providing the financial support they need to avoid falling into further debt, or at risk of potentially losing their homes.

Financial pressures, such as mounting debt from loans or credit cards, can often cause stress and can affect mental well-being — especially if the debt has arisen from a necessity, such as life-changing surgery. That’s why many people look for ways to consolidate their payments, ease their cash burden and regain control over how much they want to pay and when.

With over 7 million people currently waiting for NHS treatment, many homeowners over 55 can struggle to have their medical needs met, which can impact their quality of life. Find out how one of our clients used equity release to self-fund hip replacement surgery at a time and pace that suited them.

A home is supposed to be a place of sanctuary and comfort in retirement. However, as the cost-of-living crisis intensifies, many more homeowners over 55 are considering dipping into the value stored in their homes to boost their squeezed incomes and improve their bank balances to help create a safety net. This was the case… Continue reading Using equity release to help with rising costs