Our case studies bring to life how different solutions can help your clients. Increasingly, retirement is a very personal journey, so it’s important to find the optimal solution for each client, and to think differently.
Jean and Graham case study
Jean and Graham, who are 50 and 54 years old, have built a great life in their three-bed semi-detached home in Kent, which is worth £440,000.Their goal is to stay in their home of 20 years once their interest-only mortgage term matures in nine months.
Annette case study
Annette is 55 years old and co-owns a florist with her daughter in Hertfordshire. She’s currently going through a divorce. Her goal is to settle her divorce using equity from the family home whilst continuing to live there.
James and Mallika case study
James and Mallika are 59 and 60 years old and live in the West Midlands. They enjoy spending time with their grandchildren, but they live about an hour’s drive away. Their goal is to live nearer to their grandchildren, own their home outright, and free up funds for home improvements.
Megan case study
Megan, single and aged 59 needed to find a mortgage that allowed her to start repaying her loan at an affordable rate whilst working. But, enables a flexible repayment strategy to reduce her monthly interest payments when she retires in 6 years time.
Kevin and Sally case study
The married couple are on a tracker mortgage determined by the Bank of England rates. With rates on the rise, they were keen to look at an affordable fixed interest rate for life to assure when retirement comes in 6years time they’ll still be in a financial position to afford the monthly repayments.
Peter case study
Peter, retired, aged 75 has an interest only mortgage that’s coming to an end. Without any savings or investments, he was struggling to find a way of paying back the capital on his home. Peter spoke with his mortgage adviser who discussed the flexible monthly interest repayments available with an OPLM.
Barry and Julia case study
Using a lifetime mortgage to support a later life divorce