Moving up and moving on
by hc5213, Home & Capital, 13/6/2008
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To pay for improvements to their home in Somerset, Frank and Elizabeth Johnson undertook a partial home reversion plan with Home & Capital. This left them with enough over to help supplement their pension.
Six years later, they decided to move nearer their family in Kent, so they exercised their right under the plan to move home without penalty.
The dedicated Home Services team at Home & Capital managed the whole transaction - free of charge.
As they had retained a share in their property, the Johnsons' also benefited from the increased value in their original home. This left them with enough capital to decorate and improve their new home.
