Home Reversion

Home Reversion

Home Reversion schemes are the least favoured Equity Release plan due to the fact that borrowers are understandably not comfortable with exchanging all or part of their ownership of their home in return for a tax-free lump sum or income plan. However homeowners above the age of 65 can still take out a Home Reversion plan giving them a lifetime agreement of tenancy to their property with no monthly repayments or interest!

Key features:

  • Lump sum plans
  • Income plans
  • Can release much more money as a lump sum as opposed to a Lifetime Mortgage
  • Guaranteed fixed inheritance
  • No montly repayments

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