Island Life Magazine Ltd April / May 2016 | Page 19

INTERVIEW Committee. When it came to subsequent national elections for the committee, Terence was voted in for three further terms of three years, and retired, according to the rules, after a total of ten years’ service. Upon retirement from the committee, he was especially presented with an engraved clock from the Lord Chancellor’s Council, in recognition of his considerable contribution. “They were certainly very interesting times” he says. “For a little lad from the Isle of Wight to be sitting round the table with people like the Council of Mortgage Lenders was a great coup!” Leap of faith “Without her, I wouldn’t have achieved anything in life”. By 1994 the business was doing well enough for Terence to invest in a commercial property in Ryde that was in receivership: it was a rush to complete the transaction in 28 days, but it was a huge boost to the business. With a growing turnover Terence then bought out the Union Street, Ryde business of old friend Malcolm Daniells, who was retiring. This trade name is still used at the Cross Street branch. Then in 2004 there was the launch of another office in the heart of the village of Bembridge –and thereafter he studied and qualified further securing a Probate Licence specialising in Wills, Trusts Probate, Powers of Attorney and management of affairs of the Elderly. Nowadays, the business has 16 staff at the three offices, and Terence’s younger solicitor son Mark, 33, is a Director of the family Practice. The next big milestone was making the bold decision to go into business on his own account, having qualified to do so, with much resistance from solicitors nationwide. He doesn’t mind admitting that he was ‘petrified’ about taking the plunge. There was a lot at stake, because by that time, he and Alison had three young children - Paul, Mark and Lisa, then aged just nine, five and three years old. “I borrowed from the Bank to make sure we could pay the mortgage for six months and to hire a secretary and an accountant” he says. “It took a month to get the first client, so Terry and Alison’s children Mark, Pau l and Lisa it was very precarious and there were obviously times when I doubted what I’d “You could say it’s a success done”. story,” he says. Happily, he had sterling back-up from “I had one Bank Manager who told me his father, who by that time had retired during the last recession that if I didn’t and settled on the Island. close one of the offices we would go Despite being in his 70s by that time under – happily I have managed to prove – and already having spent a number him wrong!” of years running the buffet bar at Ryde Pier with his wife Connie – Eric worked tirelessly on the reception desk at A step back Terence’s new office, rarely going home before his son did. Terence was delighted when son Mark Terence pays tribute both to his late joined him in the business after leaving father and to his wife of 45 years. behind a career as a criminal defence “Alison has been fantastic,” he says. solicitor in London. “It took a month to get the first client, so it was very precarious and there were obviously times when I doubted what I’d done.” Apart from anything else, it means that, at 70, Terence can do shorter hours and take time off for his beloved hobby of travel. He now is asked regularly to contribute to BBC Radio Solent as an expert on Property, Wills and Probate and participates on a Breakfast Show where listeners are invited to phone in questions. He’s conscious of the need to live fully – particularly after the trauma of surviving bowel cancer eight years ago. After the removal of a 10 cm tumour, his long-term survival was not certain and staff and family stepped up to run the business in his absence. He endured months of chemotherapy and radiotherapy and says that had son Mark not decided to move back to the Island just before the crisis, he would probably have sold the business at that point. “Nowadays I do what I want to do in the business – I’ve pulled out of structured hours and act mainly as a consultant”. That has freed up time for him and Alison to indulge their mutual love of travelling. To date they have visited 40 countries, and Terence shares the pleasure by writing about their destinations in travel pieces for Island Life. He says Thailand has been the most fascinating Country from his point of view – if not exactly Alison’s cup of tea. As he points out “You are never quite www.visitilife.com 19