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Equity release mortgage and home reversion plan information


With a home reversion plan you sell part or all of your home to a reversion plan company in exchange for a tax-free cash lump sum and a guaranteed lifetime lease with no monthly repayments to meet.

You stay in your home rent free for as long as you choose and are able to guarantee an inheritance to your beneficiaries. Both you and the reversion plan company share in any increase in your property's value, providing you have not exchanged 100% of its value.

Equity release calculator......

Home Equity Release calculator

No obligation enquiry and free equity release guide.....

Home equity release enquiry and ebrochure download

Advantages of a Home Reversion Plan

  • You are able to guarantee an inheritance.
  • There are no monthly repayments to make.
  • You benefit from any increase in value of the percentage of the property that you still own.
  • Reversion plans may be available to those aged 55+ and you can typically raise more money from your home at a younger age with a reversion plan than a lifetime mortgage would allow.
  • The older you are, the more money you will be able to release with a reversion plan.

Disadvantages of a Home Reversion Plan

  • Typically, you do not receive the full market value of the share of the property you sell because the reversion plan company will give you the absolute right to live in it rent free for the rest of your life, and will not get their money back for a number of years.
  • The reversion plan company owns a share of your home and will also benefit from any increase in value.
  • Reversion plans cannot usually be reversed as you are selling part of your home.
  • The majority of reversion plan providers do not guarantee further advances

Types of Equity Release plan

There are four types of equity release plan currently available:
Lifetime Mortgage
Drawdown plan
Home reversion plan
Home income plan
Equity release

All equity release plans recommended are complemented with a set of guarantees to ensure your safety:
No monthly repayments to make in your lifetime
Stay in your home for as long as you want
Move if you wish (subject to provider criteria)
A no negative equity guarantee so the amount owed will never exceed the value of your home.

Download your free guide to equity release by following the 'Apply' button above, you will also have the oppotunity to talk to one of our specialist equity release advisers to find out how much cash you could release.




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