Classic maintenance

Dave Lewis, a retired car mechanic aged 72, became a widower a year ago. Subsequently, he has moved back to the area where he was brought up in Yorkshire. He is now settling into a new life pattern and spending a lot of time on his hobby which is maintaining his two classic cars. He has started a small business as a sideline renting out these cars for weddings and special occasions. Dave, who has no dependants, is finding it increasingly difficult to maintain his new lifestyle on his current income. He spent £225,000 on his new freehold home and market prices have not changed over the pas...