Home Reversion Plans

A home reversion plan differs from a lifetime mortgage because it involves selling all or part of your home in exchange for a cash lump sum.


You will receive a lifetime lease for your property so you never have to move out of your home and you will not have to pay any rent.


The value of the proportion of your home you do not sell will be passed on to your estate when you pass away or move into long-term care. Home reversion plans are available for people aged 65+, who meet all of the eligibility criteria.


Home reversion plans come with a range of distinct benefits:


  • You may be able to release more equity than with a lifetime mortgage.
  • Allows you to accurately plan your inheritance, and can simplify the process.
  • You still benefit from any increase in the value of your property.
  • As with a lifetime mortgage, the money released is yours to spend as you wish.
  • There are no interest rates to worry about.


There are also some things that you should consider carefully, as with any equity release plan. In particular, you will no longer own your own home, as regardless of the share of property that you sell, legal ownership will pass to the reversion company. However, you will retain beneficial ownership.

You should also be aware that you will be selling your home for less than market value.


Seek qualified advice, know both the advantages and disadvantages, and be sure to consider all of the options. If you are considering any type of equity release plan, we recommend reading ‘Is it right for you?‘, carefully.

Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits.



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