Reversion Mortgages allow you to release tax-free cash from your home which can then be used as and how you see fit, be it world travel, a new car or simply making life more comfortable.

A reversion mortgage works by selling a share of your property to a reversion company in exchange for a cash payment. You remain living in the property rent free and when the property is sold the reversion company takes a percentage of the proceeds. So for example, if you sell 25% of your home to a reversion company they will take 25% of the proceeds from the future sale of the property, including any capital appreciation.

A reversion mortgage is available to those 55 years and older, there are no ongoing payments or interest calculations and the percentage of your property not sold can be left to heirs. Reversion Mortgages are regulated by the Financial Services Authority.

For more information on Reversion Mortgages please fill out our No Obligation enquiry form.

As from April 2007 Reversion Mortgages are regulated by the Financial Services Authority (FSA). A Reversion Mortgage is the sale of all or part of your property to a reversion company. After taking out a reversion mortgage you can continue living in the property, rent free, although this will be reflected by the fact you will not be offered market rates for the percentage of the property sold.