CASE STUDIES

Mr and Mrs P had bought their home from the local Authority 10 years ago. As time went by they increased their borrowings as their property went up in value to enjoy their life fully. When Mr P retired early due to ill health they struggled to cope with their loan commitments which amounted to around £1000 per month. After talking to HBFS we agreed to buy their house off of them while allowing them to remain as tenants. This resulted in Mr and Mrs P clearing off all their debts and leaving a lump sum for them to spend as they wish. As tenants they pay £450 per month which also made them better off on a monthly basis.

Mr and Mrs B were divorcing amicably. Mr B was moving away and needed his share of the equity from the house to buy a new home. He was however concerned about the disruption this would cause his family if he had to sell. HBFS agreed to buy the house and let Mrs B and the children remain as tenants for as long as they wanted. After the sale Mr and Mrs B were left with considerable lump sums which he used to buy a new house and she put in the bank to spend as she wished.

Mr and Mrs H had recently married and were keen to set up home together. They both had houses to sell and needed both transactions to go through at the same time. They had been continually let down by broken chains and the vendors of the house they wished to move to were threatening to pull the sale. They approached HBFS and we agreed to buy one of the houses. This meant that they had a buyer who would wait till the other house completed and purchase this house on the same day. The sale went through without a hitch and Mr and Mrs H now live in the house of their dreams.

Mr B had recently lost his job and split from his partner. As a result he got into arrears with his mortgage and was facing repossession. We agreed to buy his house and let him remain as a tenant. As a result Mr B paid off all his debts and used the money that he was left with to retrain for new employment.

Due to ill health I was unable to work and was unable to keep up with my mortgage repayments and mounting credit card bills. This meant I was facing repossession within days. HBFS were able to stop my repossession and clear off all of my outstanding debts by buying my house quickly for cash. They then let me stay in my home as a tenant by making use of their sell and rent back option.
Mrs L, Newcastle Upon Tyne

I recently moved in with my new partner and needed to sell my home quickly in order to release equity to fund a property purchase abroad. HBFS gave me a guaranteed cash offer within days and completed the purchase in only a matter of weeks allowing me to buy my dream holiday apartment in Bulgaria.
Mr C, Durham

I recently retired and had no outstanding mortgage on my home. Both my children had emigrated I wanted to release the equity locked in my house in order to be able to visit them as and when I pleased. I sold my house to HBFS using their sell and rent back scheme as this seemed much less complicated than traditional equity release schemes.
Mr P, Perth

When my buyer pulled out of the sale of my house I found myself with only weeks to sell my house before I emigrated to Canada. A guaranteed cash sale from HBFS meant that I could prepare for my move without the worry of trying to sell my old house once I’d moved abroad.
Mrs M, Middlesborough

I had recently split up with my partner, but I wanted my ex and our children to stay in our family home. I contacted HBFS to see if they could help. Using their sell and rent back scheme my family were able to stay on as tenants and I was able to make a new start happy in the knowledge that my children would be able to stay in the house for as long as they needed.
Mr T, Cleathorpes

I bought my flat from the council 5 years ago but was fed up with constant increases in my mortgage payments because of rising interest rates. I needed to sell but didn’t want to move as I had lived in the same house for nearly 14 years. HBFS understood my concerns and made me a guaranteed cash offer for my house. Three weeks later my sale was complete and I can stay on as a tenant for as long as I like now with no concerns about rising interest rates.
Mr S, Glasgow


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