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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Home reversion plans revolve around the idea that you sell a small part of your home and you get money in exchange for that portion sold. There is a big reason why reversion mortgages were popular: in the nineties & noughties, people were worried about not having as much cash as they should in their […]
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An equity release entails taking some cash out of the equity that you have in your home. There are two primary ways to do this: a home reversion plan or a life-time mortgage. An equity release comparison begins by looking at the key differences between the two. The first part of the equity release comparison […]
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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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