This example case study has been inspired by the testimonies of many of the customers who have used Just Retirement.
Just Retirement Limited only sells equity release through financial advisers and partners - we do not provide financial advice.
Watch Harry and Eunice's film
Harry and Eunice took financial advice on how they could stay in their home and maintain their lifestyle by releasing some of the value from their home.
Harry and Eunice were initially concerned that when they retired they felt they had lost control of their money. They considered equity release a few years ago and were advised that, with the assets they had available at the time, that it wasn't quite right for them at that time.
On the recommendation of their financial adviser they reviewed their circumstances and it was agreed that equity release was now an appropriate solution to their needs.
Staying in their own home was a priority Eunice has seen her friends become unhappy when moving home and ‘down-sizing’ - which often meant moving out of the local area - and being able to stay in her own home was a priority.
They have both always been happy where they live and, with the money that is now available to them under a flexible equity release plan, Harry and Eunice have control over their finances and are able to continue living in their home, in an area where they are happy and comfortable.
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, please ask a financial adviser for a personalised illustration.
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Uses of equity release