Car enthusiast Derrick Payne thought he might have to give up his chauffeuring hobby when his 1971 Rolls Royce, Silver Shadow, needed an expensive overhaul.
In big demand at weddings, Mr Payne didn't want to give up his favourite pass-time, so rather than retiring the car, he decided to use equity release and put the value in his home to better use.
By taking out an equity release plan, Mr Payne, 77, could use some of the money locked in his Wakefield bungalow to keep doing something he enjoys.
There was even some money left over to carry out a few home improvements, such as putting in new windows and adding a conservatory.
Mr Payne said:
"I felt that I should be making the most of my money now - while I can enjoy it".
Now he continues to keep up his hobby and always gets the bride to the church on time.
