Mr Y and his partner in Barnet are both retired with modest income and came to Simmonds Mortgage Services as they were looking to release funds from their home to supplement income into retirement and wanted to see how we could help them achieve this.
Firstly, we arranged and applied for an Equity Release Mortgage on their home which enabled them to raise the much needed funds for living costs and to fund a happy retirement.
We also searched the whole of the market to achieve the best rates and terms for them, meaning our clients managed to secure a low fixed rate for life with the option to clear interest each year of let in roll up and be repaid on passing away or going into long term care.
What Our Client Had To Say:
Andrew gave comprehensive sound equity release advice and I would not hesitate to use him again such matters.
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