Home Reversion
A Home reversion plan allows homeowners to release a lump sum from their property, without concerns over future house prices, or the effect of roll up interest.
Home reversion is a good alternative to sub-prime mortgages for the over 50s- especially as fewer sub-prime products are now available.
- Minimum Property £75,000
- No Maximum Loan size
- Minimum age for a single applicant is 50, for a joint application is 45.
- Ex-local authority properties accepted
- Both rental and rent free options available
- All properties accepted subject to survey
- Guaranteed Lifetime Tenancy
- Rental payment works out at 2.5% of the vacant possession value.
All deals are regulated by the FSA
If you would like any further information on this product please feel free to ask one of our sales advisors who can give you further information.
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