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Posts Tagged ‘Home Reversion Schemes’

Where can I find a Home Reversion Calculator?

Published on August 14th, 2014 by Mark Greg.

Home reversion used to be the most sought after product on the market. This has changed in the last decade, making lifetime mortgages more popular. They became more innovative in design and flexibility, plus the former Financial Services Authority (now Financial Conduct Authority) started regulating the retirement mortgage industry more. It meant several companies needed […]

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Key Facts in Choosing a Home Reversion Scheme

Published on September 26th, 2013 by Mark Greg.

Home reversion is a form of equity release scheme which allows you to continue living in your house while accessing the equity built into it, in the form of a lump sum. By undertaking a release of equity from your home is an important decision that has life changing implications, and as such, it is […]

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What Type of People Are Home Reversion Schemes Most Suitable for?

Published on September 26th, 2013 by Mark Greg.

We know that when retirement eventually dawns on us, that most will still have some baggage to carry into their golden years. This could be by way of a mortgage or secured loan, which once income drops in retirement, may affect their future affordability. This is just one of the categories of people that equity […]

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Home Reversion Schemes – Why Am I Still Responsible for the Maintenance of my House if I No Longer Own it?

Published on September 26th, 2013 by Mark Greg.

Home reversion plans come with certain caveats which potential applicants should be aware of before committing a lifetime to them. In essence, with a home reversion scheme, you sell a percentage value of your property to a home reversion provider in exchange for tax free cash. Because home reversion plans do not involve taking out […]

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Home Reversion Explained

Published on September 26th, 2013 by Mark Greg.

An obvious, albeit difficult way to release the equity in your property is to sell it and move out, and equity release offers a more convenient alternative to this. Home reversion is a type of equity release, but unlike lifetime mortgages, it does not involve taking a loan out against the property. Home reversion involves […]

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Why has there been a Decrease in the Number of Home Reversion Providers?

Published on September 26th, 2013 by Mark Greg.

Home reversion schemes did once dominate the equity release landscape. However, over the decades with further innovation and regulation of the equity release market their numbers have dramatically dwindled, almost becoming an extinct species. Here we discuss the rationale behind this and why home reversion UK plans still have a part to play in the […]

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Where Can I Find a Home Reversion Calculator?

Published on September 26th, 2013 by Mark Greg.

We have seen a decline in the Home reversion market in recent years. While equity release in general seems to be a rising trend, home reversion has not seen a similar surge in popularity. This may be due to the fact that a number of more flexible plans and schemes are now available on the […]

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Does a Home Reversion Scheme Force Me to Sell 100 Percent of my House?

Published on September 26th, 2013 by Mark Greg.

The two common misconceptions about home reversion schemes are that you are required to sell 100% of your property to the loan provider, and second, that you cannot release the full amount of equity from your house. Both of these are false. It is not mandatory to exchange 100% of your house to the equity […]

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Is Home Reversion a Type of Equity Release Scheme?

Published on September 26th, 2013 by Mark Greg.

Home reversion schemes requires the owner to sell part or all of their property. The capital given in this scheme can be a greater lump sum offered by their counterparts – the lifetime mortgage. It is a common misconception that the property is valued at lower than normal. However, the valuation should be undertaken & […]

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