How Can I Deal with New Capital?
Christine had recently inherited £250,000 from her late father as well as a property in the south east of England. Christine had never earned very much money, having spent much of her life caring for her children and had no experience of investing, or how to go about doing so. What she was keen for though, was that the money could be used to provide her some income, so that she could afford to live a little more comfortably and also have enough set aside to renovate her house and possibly buy a bolthole on the coast.
Not wishing to take a lot of risk, we devised an investment solution that was relatively safe, but which would still deliver, over the long term, sufficient growth and income to meet her income requirements. She was also left £75,000 to do the work to house and enough money to buy to the property she longed for in Cornwall.