If you are a pensioner who is looking for an additional source of income, you can choose to apply for a home reversion plan from one of the main providers such as Bridgewater, Aviva, or New Life Mortgages. A reversion plan makes it possible for you to sell all or a portion of your property […]
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A home reversion plan is one of the most common forms of equity release that gives pensioners the opportunity to release equity from their home thus allowing them to obtain an additional income source. A reversion provider will purchase a percentage of or the entire home. In most cases, homeowners will not receive the full […]
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Two of the most common forms of equity release are lifetime mortgages and home reversion plans. They are similar in that they both allow equity to be released from your home. A lifetime mortgage is an equity release scheme that allows you to take a loan equivalent to a certain percentage of your home. There […]
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Retirement can be difficult for many based on the fact that many retirees do not have a fixed source of income except for their pension. Their pension amount may not be sufficient or it may be just enough to cover their daily living expenses. Many retirees are looking for an additional source of income to […]
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