Case Study

This case study is fictional and for illustrative purposes only. To find out whether equity release is suitable for you, arrange a no obligation consultation with one of our specialist advisers.

Mrs Jones is considering borrowing a £20,000 cash lump sum to add a conservatory to her house and replace her car.

If possible, Mrs Jones would also like access to a further borrowing facility which she may use to meet the cost of her annual holidays over the next 3 to 5 years.

Mrs Jones is 70 years of age and has a property valued at £220,000. She is in good health and has an estimated life expectancy of at least 18 years.

Mrs Jones has savings of £3,000 but is reluctant to use them as this is her rainy day fund and provides a great deal of security and peace of mind.

Lets explore some of the options available to Mrs Jones: