Meet Yours reader Janet Hamblin

Janet first decided to look into equity release as a means of improving her financial situation... Despite working four days a week as a service co-ordinator for adults with learning disabilities, Janet Hamblin was in need of a lump sum which would allow her to pay off the outstanding balance on her existing mortgage as well as clear some small debts. “I arranged a consultation with a local adviser. My appointment went well and the adviser asked questions about my financial situation and my health and I was provided with all the information I needed. “As I don’t have any dependants, I made the decision not to discuss equity release with my family until the process was complete. I did, however, put plans in place as I wanted to leave some inheritance to my nephew. “At the second appointment, my adviser gave me a recommendation which we discussed in depth to ensure it suited my needs. He didn’t pressure me and I knew he had my best interest at heart.” Janet had enough equity in her home to use the money as intended. “I was able to pay off my outstanding mortgage, clear credit card debt and repay my overdraft. With the money left over I plan on making a few home improvements such as upgrading my windows, installing French shutters and building a dry stone garden wall. I can now do the things I dreamt of but could never afford. The whole process was extremely straightforward and I have already recommended Key Retirement to several people.” Janet now looks forward to retiring and enjoying her hobbies which include crafting stained glass and making jams, chutneys, cakes and bread to sell.

‘My adviser didn’t pressure me and I knew he had my best interest at heart’