CASE STUDY TWO - ADVISED NOT TO RELEASE
Mr & Mrs B were both retired and had provided well for their retirement by means of various pensions and savings. A friend of theirs had released some of the equity from their own property a few years ago and Mr & Mrs B contacted Viva Retirement Solutions to see if they could do the same as they were looking to replace their car. Following our discussion we advised Mr & Mrs B not to release equity from their property at this time. We showed Mr & Mrs B how they could use their own savings to replace their car and to contact Viva Retirement Solutions in the future to review their situation again. This resulted in Mr & Mrs B saving thousands of pounds in interest against their property and helped preserve some of the inheritance they plan to leave to their grandchildren.
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