Why Don’t I Receive the Full Market Value of My Property With a Home Reversion?
Home reversion offers a solution for those who do not want to sell their house and move out, but want to access the value built into their home all the same. It creates a way to transfer ownership of the house in part or full, in exchange for a cash lump sum. This lump sum […]
Read MoreThe Dangers of a Home Reversion Plan
Home reversion is a type of equity release, but unlike lifetime mortgages which are loans, home reversion plans involve selling a percentage of your house to the plan provider in exchange for a cash lump sum. The demand for home reversion plans seems to have declined in recent times, and this may be due to […]
Read MoreWhat are the Main Features of an Home Reversion Equity Release?
Home reversion plans are equity release schemes that essentially allow you to release some or all of the equity tied into your house without the need to sell the house or move out. As such, you can release equity as a lump sum or as regular monthly payments while continuing to live in the house […]
Read MoreHome Reversion Schemes – Why Am I Still Responsible for the Maintenance of my House if I No Longer Own it?
Home reversion plans come with certain caveats which potential applicants should be aware of before committing a lifetime to them. In essence, with a home reversion scheme, you sell a percentage value of your property to a home reversion provider in exchange for tax free cash. Because home reversion plans do not involve taking out […]
Read MoreAdvantages and Disadvantages to a Home Reversion
Home reversion is a type of equity release scheme, where you can sell the value of a portion of your property in exchange for cash. The main attraction of equity release schemes is the fact that you can have access to the equity built into your home without having to sell your property and move […]
Read MoreWhy are Home Reversion Plans Less Popular than Interest Only Lifetime Mortgages?
Home reversion plans have seen a marked decline in popularity in recent times. This could be due to a variety of factors, not least because newer, more flexible equity release solutions such as interest only lifetime mortgages are now available. Home reversion plans were much more popular when the only alternative in the equity release […]
Read MoreCan Negative Equity Exist with a Home Reversion Scheme?
One of the most significant concerns that people have with equity release schemes is that compounding interest on the loan can increase the debt to a point where the sale value of the house is not sufficient to repay the debt. A situation wherein the debt is larger than the value of the home, so […]
Read MoreWhere Can I Find a Home Reversion Calculator?
We have seen a decline in the Home reversion market in recent years. While equity release in general seems to be a rising trend, home reversion has not seen a similar surge in popularity. This may be due to the fact that a number of more flexible plans and schemes are now available on the […]
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