Mr Robinson is aged 72 and owns a property worth £250,000. He lives by himself and feels that it's about time he got the conservatory he always wanted.

He also needs to replace his aging car to allow him to stay in touch with his friends and family. To finance this expenditure he decides to sell 25% of his property to a Home Reversion provider for a cash payment of £26,992.

Five years later, aged 77, the property has increased in value (5% pa growth) to £320,000. Mr Robinson decides to release a further 20% providing him with £33,312 to supplement his income and visit his grandson in Australia.

Two years later, the property value has increased to £350,000, but his retirement income is not keeping up with his cost of living so he opts to release a further £10,000 which requires him to sell a further 5.6%.

Mr Robinson dies 2 years later with his property being worth £385,000. Over the 9 year period Mr Robinson has sold 50.6% of his interest in his property, releasing a total of £70,304. This enabled him to retain his independence and enjoy his retirement whilst still leaving an inheritance of £190,190 (less selling expenses) for his grandchildren.

The above example shows how a customer can release the amount they want when they need it throughout their life, whilst benefiting from potential future house price increases and still leaving an interest in the home in their will.