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What Is Home Reversion?
A home reversion plan is an equity release product for homeowners aged 60+ (sometimes 55+) that lets you sell all or a percentage of your property to a provider in exchange for a tax-free cash lump sum or regular income, while securing a lifetime lease to stay in the home rent-free.
To compare the best rates and maximum releases available from the UK’s leading equity release companies, complete our simple 30 second form, and an expert advisor will contact you with your free, no obligation quote.
Frequently Asked Questions
Is Equity Release Right For You?
The only way to be sure that it’s right for you is to speak to an equity release adviser. In fact, it’s a regulatory requirement set out by the FCA. Fully-qualified equity release advisers offer expert advice. And if equity release isn’t right for you, they’ll tell you.
Is My Cash Tax-Free?
Yes! With an Equity Release plan, all the cash you receive is 100% tax-free. Compare the best Equity Release deals, and see how much cash you could free up.
What Is The Minimum Age
Providers vary, but to be eligible for a Lifetime Mortgage, the minimum age is usually 55 years old. If you have an existing mortgage or other debt secured against your property, this must be paid off either from the Equity Release itself, or before you go ahead with the application.
Can I Buy Another Home?
Equity Release may be used to purchase a new home, holiday home, taken from a buy-to-let property and even from your home where an element is B&B or Airbnb.
How Long Does It Take?