Brian and Betty Bandy didn't need to release equity from their home, as Mr Bankdy's pension was sufficient to meet their needs, but in doing so they found they could enjoy their retirement even more.
By using the equity tied up in their Sherborne home, where they had lived for 25 years, they had more freedom to do the things they wanted, without worrying about money.
Having known a family member who had lived a long and happy retirement using an equity release plan, and with the encouragement of their two daughters, the Bandys released 75% of the value locked in their home three years after they retired.
Later on, Brian and Betty decided that they would release the remaining 25% of value in their house so that they could carry out some home improvements and make the most of their retirement..
