A dream retirement home at a fraction of the cost
Mr & Mrs Dyke had only given a passing thought to the idea of moving home before they noticed an advertisement for the Homewise Lifetime Lease in Saga magazine. In fact, they had only recently made several improvements to their three bedroom house in Leicester with a view to staying-put for sometime.
However, around the same time as they had noticed the Lifetime Lease advertisement Mrs Dyke spotted a not-to-be-missed bungalow for sale in the same town. The Dykes, with no time to waste, viewed the bungalow and fell in love with it.
They phoned Homewise to meet with a consultant the very next day. This gave the opportunity for the Dykes to discuss the benefits of the Lifetime Lease and most importantly the chance to find out how much they could save on their dream home.
The Dykes came to the conclusion that a Lifetime Lease would meet all their needs and commenced with their purchase. Mr Dyke commented: “The Sales Progression team had been on-the-ball the whole time in ensuring their purchase went smoothly through to completion.”
By using the Lifetime Lease the Dykes saved over £74,000 on the price of their new bungalow. They paid £167,611 for a lifetime's enjoyment of their new home which had a market value of £242,000. The Lifetime Lease meant the Dykes were able to upgrade to a more expensive property, pay less for it and raise money in the process. Mr Dyke said he and his wife were "absolutely thrilled to bits with their new home, it is out of this world."
The Dykes have already used some of the money they raised to treat themselves to a Mediterranean cruise and are now looking forward to enjoying many more exciting ventures abroad.
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