What is a Home Reversion Plan?

With a home reversion scheme, you sell all or part of your property at less than its market value in return for a tax-free lump sum, a regular income, or both, but stay on in your home as a tenant, paying no rent. Home reversion plans are one of the two main types of equity release. The other is a lifetime mortgage and our experts can explore all options for you and explain all the pros and cons in plain English.

Why use Equity Release?

Although money isn’t everything, being forced to constantly make compromises financially can often be a difficult and distressing experience. Opportunities can often come and go, which means you might be missing out on what life has to offer!

People choose to use Equity Release for many reasons. There’s absolutely no restriction on what you use your money for. Remember that part. It’s your money. The equity release plan frees up cash from your home and lets you spend it your way. It can be a fantastic method of easing any financial worries and improving you lifestyle.

Our clients have used their equity money on many useful and practical things, including:

 Home improvements, a new car, caravan or holiday home
 A special holiday of a lifetime
 Private medical care
 Helping family members
 The security of an emergency fund
 Repaying an existing mortgage and settling outstanding debt
 Generating additional income

Source: Key Retirement Q1 2016

Guarantees and Safeguards

Remain in their property for life
Clear and simple presentation of products
Right to move without financial penalty
No negative equity guarantee (terms and conditions available on request)
ERC certificate showing the terms and conditions and impact of ER on their estate

GET A QUOTE

Equity Release is a lifetime mortgage or home reversion scheme. To understand the features and risks, ask for a personalised illustration.