Examples of how we’ve helped people?
All these examples are real cases, however we have not put names to them to ensure confidentiality
Mr and Mrs M - Northampton. Mr & Mrs M came to us in 2004
He had £18900 in unsecured debt with monthly repayments of £748
His mortgage was £45,000 and the monthly repayment was £324
Their total monthly outgoings for debt was £1072
We bought their house for £75,000 repaid their mortgage and all of their unsecured debt and they have paid rent of £250 / month. They have an option to repurchase the property for £75,000 in November this year. We have worked out that this saved them over £29,500 over the 3 years
Mr & Mrs B - Sussex
We purchased their house for £190,000
Their mortgage was £168,000 with monthly repayments of £1200
Unsecured debt of £54,000
They paid rent to us of £800 and have an option to re-purchase for £190,000
We repaid all their debt and saved them £400/month for 5 years, saving them a further £24,000
Miss F
We purchased her house for £95,000
Repaid her mortgage of £72,000, monthly cost of £520
Repaid her debt of over £22,000, costing over £650 / month
She pays rent of just £450/month
And can buy the house back for £85,000
This saves her over £43,200 over 5 years, repays all her debt and still leaves her with £10,000 of equity in her property. And this is at today’s prices.
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