Home Reversion Providers

Home reversion plans were the forerunner to today’s lifetime mortgages, and they are a type of equity release scheme where part, or all the homeowners’ property, is sold to the plan provider in exchange for a tax-free lump sum, or regular payments. A lifetime tenancy is then created, protecting the homeowners’ residency and freedom to live in their home rent-free for the rest of their life.

While not as popular these days, home reversion plans still have a place is you’re concerned about the inheritance you’ll leave for your loved ones or the property type you live in.