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Case Studies

Mr Adair, Devon


cs6 Ian Adair is a member of the Inner Magic Circle with Gold Star Award. He became interested in magic after his grandmother gave him a toy box of magic on his fifth birthday. This, together with a book borrowed from the local library, started him off on an enjoyable hobby, which evolved into his chosen profession. “If you can get paid for furthering your hobby, all the better, and this is what happened to me”, says Ian.

Throughout a long and distinguished career, Ian has starred and collaborated on stage and screen with well-known personalities such as Tommy Cooper, David Nixon and Paul Daniels. He has also written sketches for them and is a prolific writer of books on magic and related activities. Ian is still performing at leading holiday camps Butlins and Pontins, as well as appearing regularly on TV shows.

After 60 years in the business, Ian, now aged 66, is looking forward to a well-deserved retirement, firstly by reducing appearances at the bigger venues. In retirement, he will restrict his engagements to close up magic sessions in restaurants and hotels, and children’s parties.

In order to secure his future, Ian took independent financial advice from a specialist IFA in retirement planning and subsequently entered into a stage payment home reversion plan with Home & Capital. Following completion of the plan, he has been able to repay his mortgage, make improvements to his new home in Devon and supplement his income over the period of the plan. Ian rejected the prospect of taking out a Lifetime Mortgage, the main alternative equity release product, because the home reversion plan released more cash and provided greater scope for improving his lifestyle in retirement.

Ian says, “Equity release has enabled me to conjure up the money tied up in my home. Home & Capital have delivered an exceptional level of personal service, which has been an added reassurance for me. Without hesitation, I would recommend Home & Capital to other homeowners who are considering equity release as part of their retirement planning.”


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