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Home Reversion

Home Reversion is a scheme that allows you to sell a share of your property to a provider, which is typically for less than the market value. If you wish, you have the right to live in your home for the rest of your life. When you sell the property the provider will receive the same share that you sold, but will receive this for the current market value.

Typically Home Reversions are only available to people aged 65 or over. You should consider this option very carefully before proceeding. Your advisor will provide will provide you with all the information you require to make an informed decision regarding your Equity Release Mortgage.