Home Reversion Plan
Home Reversion Plan
A home reversion plan is a form of equity release.
During a home reversion, you sell a portion of your home’s value to a provider in exchange for a lump sum or regular income, while retaining the right to live in the property for life. The provider takes ownership of their share, and the remaining value is split between the provider and your estate when you pass away or move into long-term care. Our expert team can discuss if a home reversion is right for you and talk you through the potential effects this may have on your tax position and eligibility for benefits.
Read our Mortgage Brochure below or reach out directly to talk to us.
Your home may be repossessed if you do not keep up repayments on your mortgage. Home reversion plans and lifetime mortgages are complex products. A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits.