When your pension income just isn’t enough to pay for your retirement years.

When Mrs K realised that she needed to find more money because her pension income was not enough to afford her daily living costs, she made enquiries about Equity Release and was happily surprised by what she found out.

Mrs K, a retired medical administrator from Hampshire, had been considering taking out Equity Release for a number of years. As a pensioner, her retirement funds were not enough to pay for all her essential living costs and still leave her enough money to do the things she loved.

‘I took out Equity Release to make life easier – the cost of living was going up but pension funds were not. It seemed silly to worry myself about money when I own a property and could use some of the equity to make life easier.’

Mrs K made enquiries to 2 large Equity Release companies but was not convinced with the service they offered.

‘The representatives were nice but they were both very business-like and matter of fact. I did not feel a connection with them and when it comes to money you need to feel happy.’

Then she found Kevin Woods on the internet and when she met him he put her at ease straight away.

‘Kevin was so easy to talk to, not at all pushy. He was quiet, gentle and asked sensible questions to make sure I was doing the right thing. I felt comfortable talking to him and I didn’t feel silly asking him questions about the process.

I also liked that he was a local independent adviser so he would have access to the whole of the market and not be tied to the plans connected to someone working for a single large corporation.’

After some questions and research, Kevin found Mrs K a plan that suited her needs perfectly. ‘The whole thing was so easy and Kevin really knows what he is doing. In fact, just before I was due to go ahead with the lifetime mortgage, Kevin phoned to say he had found a new plan with a better rate so we went with that instead. He really is on the ball!’

Mrs K is now enjoying life knowing that the funds she has released from her property are allowing her to do the things that she wants to do with her life and not have to worry about being able to afford it. After all, isn’t that what retirement is all about? Mrs K can happily say she is living proof that it really can be.

If you would like to find out more about how Equity Release could supplement your retirement, contact Kevin Woods on 01489 454545, or at kevin.woods@equityrelease.co.uk to arrange your no obligation free first consultation.

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Why not get in touch and see how we can help?

Equity release could be the answer to some of your financial questions. If you would like to know more about it, and see if it could be the right option for you, please book an appointment or request a call-back

Providers include

Pure Retirement

Equity release will reduce the value of your estate and may also affect your entitlement to means-tested benefits. You should always think carefully before securing a loan against your home.

Unless you decide to go ahead our service is completely free of charge, as our fixed advice fee of £1,499 is only payable on completion of a plan.

A lifetime mortgage is the most popular form of equity release, and is a loan secured against your home that’s typically repaid when you pass away or go into long-term care.