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A Mortgage because you:
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A Home Reversion because you:
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Know your life expectancy is short because
you are relatively older or suffer from ill health
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Want to raise a large sum of money - more
than the 30% allowed with a mortgage
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Feel confident that house prices will rise
considerably during the rest of your life
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Think you might like to generate more cash
later, which is easier and more certain to do with a reversion
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Are unconcerned about possible interest
rate increases and their impact on the final amount to be repaid from
your estate
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Prefer the certainty of selling an exact
value which never changes
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Want to pass on 100% title to your home
as inheritance, regardless of any outstanding loans against it
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Want to pass on a specific and definite
inheritance to your family
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Don’t want to sell a share of your home
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Are not comfortable about taking a loan
or a mortgage at this stage in your life
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When considering equity release, you should consult with family and advisors.
If you are suffering from ill health that may reduce your life expectancy, the home reversion plan may not be the most suitable option for you.
But, our Senior Consultant will talk through everything with you and if you still prefer the certainty of the home reversion, then we will be pleased to make you an offer.
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