YOURS (UK)

Yours could help you in retirement

With 2017 nearly over, could it be time to make some home improvemen­ts?

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Many over 55s don’t realise they could tap into the value built up in their home through a lifetime mortgage, the most popular type of equity release plan, and release tax-free cash to spend as they wish! Although downsizing could be an option, a lifetime mortgage allows you to stay in the comfort of your own home.

Yours readers Pam and David Sheppard had been considerin­g equity release for a while “We’ve worked hard all our lives so wanted to enjoy the fruits of our labour”

“Our place was a bit dated and we’re quite modern in our outlook, so we wanted to give it a bit of a facelift. “We’re both retired now but we’ve worked hard all our lives so wanted to enjoy the fruits of our labour. We don’t have any children so why have all that money tied up in our house when we can be enjoying it now?” Pam and David were recommende­d to Yours partner, Key Retirement, by friends so contacted the company. Impressed with the customer service, they arranged to have a meeting with their local independen­t equity release adviser. “Our adviser was absolutely fantastic and couldn’t have been more helpful.” Their adviser searched the whole market to find a product that best suited their needs. “He kept us updated all the way with calls to tell us how things were progressin­g. We were surprised how quickly everything was completed. “Equity release has given a real boost to our retirement finances and we’re so glad we did it.”

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