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Mr and Mrs Yeo

Mr and Mrs Yeo had been looking to move home for some time. They wanted a more manageable property, but without having to downsize. Another key influence on their move was the desire to free-up cash from the sale of their current home.

Mr and Mrs Yeo felt they would benefit greatly from a lump-sum to supplement their retirement income. Specifically they wished to treat themselves to a new car and a once-in-a-lifetime cruise.

They moved to a more modern property only five minutes from their previous home and paid only £162,250 for a Lifetime Lease on their home with a value of £295,000. In the process they raised £152,750 to buy a new car, go on a cruise and have a financial security for their retirement.

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