Home Reversion Plan

How does it work?

With this plan you sell part of or your entire home to a reversion plan company in exchange for a tax-free cash lump sum and a guaranteed lifetime lease with no monthly repayments to meet.

You can stay in your home either rent free or by paying a nominal rent for as long as you choose and you can guarantee an inheritance to your beneficiaries. Both you and the reversion scheme company share in any increase in your property's value, providing you have not exchanged 100% of its value.

ADVANTAGES

No monthly repayments to make.
You know what proportion of your home will be used at the outset.
You can leave a fixed proportion of equity to your estate.
Flexible home reversions now allow you to release the right amount for your needs today, whilst having a guarantee of further cash releases if or when required in the future.
You benefit from any increase in value of the percentage of the property that you still own.
May be available to those aged 55+ and you can typically raise more money from your home at a younger age with a reversion plan than a lifetime mortgage would allow.
You'll be able to release more money the older you are.
You can usually still move home (subject to certain restrictions).

DISADVANTAGES

You do not typically receive the full market value of the share of the property you sell. This is due to the fact that the reversion plan company gives you the absolute right to live in it rent-free for the rest of your life. They, however do not make their return on investment for a number of years.
You only benefit from any rises in house prices on the proportion you still own.
The reversion plan company will benefit from any increase in value of the property.
Reversion plans cannot usually be reversed as you are selling part of your home.
Reversion plan providers do not usually guarantee further advances.
If you choose to end the plan early, charges may apply.
Your tax position and eligibility for means tested benefits may be affected.

THIS IS A HOME REVERSION PLAN. TO UNDERSTAND THE FEATURES AND RISKS, ASK FOR A PERSONALISED ILLUSTRATION.

How does it work?

With this plan you sell part of or your entire home to a reversion plan company in exchange for a tax-free cash lump sum and a guaranteed lifetime lease with no monthly repayments to meet.

ADVANTAGES

No monthly repayments to make.
You know what proportion of your home will be used at the outset.
You can leave a fixed proportion of equity to your estate.
Flexible home reversions now allow you to release the right amount for your needs today, whilst having a guarantee of further cash releases if or when required in the future.
You benefit from any increase in value of the percentage of the property that you still own.
May be available to those aged 55+ and you can typically raise more money from your home at a younger age with a reversion plan than a lifetime mortgage would allow.
You'll be able to release more money the older you are.
You can usually still move home (subject to certain restrictions).

DISADVANTAGES

You do not typically receive the full market value of the share of the property you sell. This is due to the fact that the reversion plan company gives you the absolute right to live in it rent-free for the rest of your life. They, however do not make their return on investment for a number of years.
You only benefit from any rises in house prices on the proportion you still own.
The reversion plan company will benefit from any increase in value of the property.
Reversion plans cannot usually be reversed as you are selling part of your home.
Reversion plan providers do not usually guarantee further advances.
If you choose to end the plan early, charges may apply.
Your tax position and eligibility for means tested benefits may be affected.

THIS IS A HOME REVERSION PLAN. TO UNDERSTAND THE FEATURES AND RISKS, ASK FOR A PERSONALISED ILLUSTRATION.

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Client Testimonials

Chancery Wall are always my first port of call when seeking financial advice. Investments aside – things that are very important to me are my Pension and Mortgage. They provide me with the assurance that I am not only getting the best deal, but sound long-term financial planning. A unique approach that sees me as a client, not a statistic will keep me speaking with Chancery Wall for many years to come.

J P
This is what financial advisors should do! I have never had this kind of experience in the past with financial advisers and this is the kind of service I have been looking for. It’s nice to have one place to come to, without being too large or institutional. I feel like you know the whole picture and if anything happened to me now, I know my family will be looked after.

A A
Chancery Wall have professionally handled my mortgage, pension, and investments over a number of years. Finance can be a daunting world, but their advice has always been friendly, authoritative, and clear – somehow they always find a way of demystifying the process. Highly recommended.

R S

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Chancery Wall Financial Services Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
T: 020 8732 5411
Email Us

Chancery Wall Financial Services Limited is registered in England & Wales No. 08099223.
Chancery Wall Future Planning Limited is registered in England & Wales No. 08592583.
Registered Offices at Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex HA7 1JS.
Chancery Wall Financial Services Limited is authorised and regulated by the Financial Conduct Authority No. 587655.
Estate, Trust Planning and the provision of Wills are not regulated by the Financial Conduct Authority.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

Home Reversion Plan

How does it work?

ADVANTAGES

DISADVANTAGES

How does it work?

ADVANTAGES

DISADVANTAGES

Client Testimonials

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REQUEST A CALL BACK

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