Is a home reversion plan right for me?
To be eligible for a home reversion plan you must be 65 or over, live in the UK and own your own home.
The amount of money you can raise tends to be higher than with a lifetime mortgage but depends on your age – the older you are the more money you can get.
All equity release schemes are regulated by the Funeral Planning Authority, so you can be sure they are financially secure and that you are protected by their safeguards.
In addition, the majority of lifetime mortgage and home reversion providers are members of the Equity Release Council, giving you extra protection.
Before you decide whether equity release is right for you in any form, you should talk to the experts, look at the alternatives and understand the options available to you. You can also use the equity release calculator to see how much money you could get.