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Staying in the family home

A widowed grandmother whom I met, had lived in the same house for 35 years. Her pension income just covered her living expenses, so, over the years, the house had fallen into disrepair.

She had considered moving, but really did not want to, as the family home held all her precious memories, and she could not imagine closing the front door for the last time.

I arranged an equity release mortgage to provide not only the money for the necessary home improvements, but also for a much-needed holiday, and for some occasional gardening help, and to provide additional funds for any financial emergencies.

She and her family now at last have peace of mind, knowing that the lady can remain comfortably in her own home for the rest of her days.


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The Right Equity Release
Kevin Woods is a member of the Equity Release Council and an authorised consultant of The Right Equity Release

This is a lifetime mortgage or home revision plan. To understand the features and risks, ask for a personalised illustration. It may affect your entitlement to state benefits and will reduce the value of your estate. Think carefully before securing other debts against your home. Kevin Woods Equity Release Specialist is an introducer to The Right Equity Release Ltd which is Authorised and Regulated by the Financial Conduct Authority. Registered in England and Wales No. 07166676. Registered Address: Croft House, 21d Station Road, Knowle, Solihull, B93 0HL. Head Office: Croft House, 21d Station Road, Knowle, Solihull, B93 0HL. The advice and / or guidance contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. The Right Equity Release does not charge any up front fees. A fixed fee is only charged on completion of an Equity Release Plan. Typically, this is 1.5% of the total facility or £995 whichever is the greater.

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