A mortgage is secured on your main residence, which you retain ownership of. An amount can be ringfenced for family inheritance and you can choose to make repayments or let the interest roll-up. The loan amount and any accrued interest is paid back when you die or move into long-term care.

Note: this is a loan secured against your home. To understand the features and risks please request a personalised illustration.

A home reversion provider buys all or part of your home in return for a lump sum or regular payments. You have the right to continue living in the property until you die, rent free, but you must maintain and insure it. An amount can be ringfenced for later use or inheritance and the percentage you retain will always remain the same regardless of the change in property values, unless you take further cash releases. At the end of the plan your property is sold, and the sale proceeds are shared according to the remaining proportions of ownership

To understand the features and risks of home reversion plans please request a personalised illustration.

We can arrange a quote for building and contents insurance.