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Beaconsfield Together January and February 2024

A local #community magazine containing community, business and charitable editorial in the Beaconsfield, Knotty Green, Seer Green and Forty Green area. 8,300 copies printed and hand delivered by Royal Mail to residences and businesses in the HP9 -1 and HP9 -2 businesses in these areas. Copies available at Waitrose Supermarket in Beaconsfield

A local #community magazine containing community, business and charitable editorial in the Beaconsfield, Knotty Green, Seer Green and Forty Green area. 8,300 copies printed and hand delivered by Royal Mail to residences and businesses in the HP9 -1 and HP9 -2 businesses in these areas. Copies available at Waitrose Supermarket in Beaconsfield

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Client Spotlight: Helping a Retired<br />

Couple Stay in Their Cherished Home<br />

A real life example of how later life lending has helped our clients.<br />

Contact us for a complimentary consultation | info@hayesfinance.co.uk | 020 3126 4898<br />

In this case study, we<br />

delve into the journey of<br />

a couple in their late 70s<br />

who faced an unexpected<br />

financial challenge while<br />

endeavouring to stay in their<br />

cherished home.<br />

The Challenge.<br />

Their lender was insisting on redeeming the mortgage<br />

on their property, presenting them with unattractive<br />

<strong>and</strong> unaffordable terms. Forced with an ultimatum, they<br />

were left with a difficult choice – sell their home or find a<br />

financial solution that would allow them to stay.<br />

Our Solution.<br />

We recognised that a lifetime mortgage was not the ideal<br />

fit for their unique circumstances.<br />

Discovering the couple had a holiday property, we were<br />

able to arrange a 12 month bridging loan on this asset to<br />

release enough funds for the couple to settle their current<br />

mortgage with their existing lender.<br />

Being able to access vital funds from their holiday property<br />

while it was on the market allowed this couple to continue<br />

their retirement living in their cherished family home.<br />

For peace of mind, this 12 month loan required no monthly<br />

payments, as it would be repaid once the holiday property<br />

sold. This gave the couple time to then address their<br />

financial future without feeling rushed.<br />

Is Your Current<br />

Mortgage Situation<br />

Complicated?<br />

If you or someone you know<br />

is facing a similar financial<br />

challenge in their later years,<br />

please don’t hesitate to contact<br />

us. Our team are here to help<br />

with tailored mortgage solutions<br />

<strong>and</strong> personalised guidance to<br />

ensure your financial security<br />

<strong>and</strong> the preservation of your<br />

most treasured assets. Get<br />

in touch with us today for a<br />

confidential consultation.<br />

Kieran Hayes<br />

Director at Hayes Finance<br />

info@hayesfinance.co.uk<br />

020 3126 4898<br />

Registered in Engl<strong>and</strong> <strong>and</strong> Wales number: 05008367. Not registered for VAT. Hayes Finance Ltd is Authorised <strong>and</strong> Regulated<br />

by the Financial Conduct Authority (FRN No: 485955).

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