Home Reversion

Providing you with an option to access a larger amount of money

For anyone wishing to release a bigger sum of money than is available through a lump sum lifetime mortgage, there is another type of equity release product called home reversion.

A home reversion is less common than a lifetime mortgage, as it involves you selling some or all of your home, in return for a lump sum of cash. You still have the right to stay in your home rent⁠-⁠free, for as long as you live, but it will be owned by the home reversion lender. This type of equity release is only available to those who are aged 65 or over.


  • The cash you release is tax free and can be spent achieving your goals.
  • There are no monthly repayments to make as no interest is payable.
  • You can typically raise a larger sum from your home with a reversion plan than would be available with a lifetime mortgage.
  • You can benefit from any future increase in the value of your home from the proportion you retain.
  • The older you are, the more money you will generally be able to release.
  • Plans are portable which means it is possible to move home in the future, subject to the lender’s criteria.
  • You can remove your home entirely from your estate to reduce any potential inheritance tax.
  • You know at the outset what share of your home you will be leaving to loved ones in your estate.
  • You are able to guarantee an inheritance with the remaining part of the property.


  • If you sell 100% of your home, there will be no property value to leave to your loved ones.
  • There is no scope to return for further funds in the future if you sell all of your home.
  • If you die shortly after taking out a home reversion scheme, your loved ones will receive less as you don’t receive the full market value at the outset.
  • It’s expensive to reverse – your home would have to be purchased back from the reversion lender at the full market value.
  • Not available to anyone under the age of 65.
  • Plans are portable, however if you decide to downsize you will have to pay some of the money back.
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I’d like flexible access to my money

If you’re looking for flexible access to your money, a drawdown lifetime mortgage may be a suitable solution for you, as you could release smaller amounts over time.

Click here to find out more

How much tax⁠-⁠free cash can you unlock from your home?

Use our free calculator to get an instant view of how much tax⁠-⁠free cash you could release to help you live your life, your way.

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A few things to think about

Equity release will involve a home reversion or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care. You can read more about the different types of equity release plans here and if you want more detail we can provide you with a personalised illustration to explain exactly what equity release could mean for you and will outline the features and risks.

You must take financial advice before proceeding with equity release. It’s important that you make the right decision. That’s why we provide our initial advice for free and without obligation. Only if your case completes would our advice fee of £1,895 be payable. Other lender and solicitor fees may apply.

You will need to pay off any existing mortgage or secured loan that you have. You can use some of the money raised through equity release to do this.

Another consideration is that equity release interest is compounded, so you pay interest on interest. The money you release, plus the accrued interest is then repaid when you die or move into long-term care.

Equity release may have an impact on your entitlement to means-tested benefits now and in the future.


“Equity release enables me to stay in my own home and, to be happy with my life.”


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What can equity release be used for?

The money that you release from your home can be used for lots of different things. You may want to:

  • Pay off your current mortgage, reducing your committed monthly costs.
  • Get the house shipshape, maybe it’s time for that new kitchen or bathroom.
  • Go on your dream holiday, or plan a few smaller getaways.
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You’re talking to the people who know.

We will talk you through all your options and explain all the pros and cons of equity release, so that you’re fully informed.

Our service is about finding out if equity release is a good fit for you, and only then will we find the best equity release plan for your individual needs.

Our promise to you...

  • You will be assigned a dedicated advisor who will guide you through the process from start to finish.
  • Equity release will only be recommended if it’s suitable for you.
  • We will search a range of plans from multiple lenders to find the best solution for you.
  • The plan that we recommend to you will be protected by the safeguards of the Equity Release Council.
  • You will receive a bespoke recommendation document to read at your leisure.
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