Mavis finds the Property Plan enables her to move to a home near her daughter.

Mavis is 80 years old and would love to live closer to her daughter
and grand children, especially since her husband, Ted, died five years
ago. Unfortunately she doesn't think this will be possible, as the
property prices where her daughter lives are much higher and she
wouldn't have sufficient money from the sale of her existing home. She
wants to hang on to her savings for emergencies.

A Property Plan and the sale proceeds of her house enable Mavis to
purchase a small new flat in a retirement development, just a short bus
ride from her daughter. Mavis is delighted that the accommodation is
easy to keep and that help is on hand should she have a problem.
Maintaining her independence has always been important to Mavis - and
it's nice to be among people of her own age group.

Mavis needed to raise as much money as possible to fund this
purchase and the only options that could meet her need are home
reversion products. And, as Retirement Plus has transformed the home
reversion concept - there is no discounting of the value of the
property up front. Retirement Plus will fund 55% of the purchase price
in exchange for a share in the property of 55% which will increase at
an agreed rate, over time.

Mavis is happy that she will still leave an inheritance should she
die early and her daughter is comforted that her mother is close at
hand and in an environment that meets her needs.

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Check that this Property Plan, a type of home reversion plan, will
meet your needs if you want to move or sell your home or you want your
family to inherit it. You should always seek independent financial and
legal advice. If you have not retained a Protected Share we may end up
owning a 99.90% share of the property.