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With a home reversion, you sell part or all of your home but are able to continue to live there until you die or move out. In return for the property you receive a lump sum, a regular income, or both.

Someone on a Home Reversion plan usually receives between 20% and 60% of the value of their home depending on factors such as age and health. It is lower than market value because the provider will allow you to continue living in the property until you die or move out either rent free or at reduced rent. Obviously, the age at which the scheme is put into place affects the amount a lender is willing to pay for the property as it may be many years before they will receive repayment.

As with all Equity Release schemes it is very important to get advice on whether the scheme is right for you. Please talk to us to find out more and ensure you get the advice you need.

JLS Mortgages are not authorised to give advice on Home Reversion Plans and would be by referral only.


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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.

JLS Mortgages Ltd is an Appointed Representative of The Right Mortgage Limited which is authorised and regulated by the Financial Conduct Authority, FCA Register Number 649443. 

JLS Mortgages Ltd is registered in England and Wales with company number 05898748. Registered Office. c/o BCS, Windsor House, Station Court, Station Road, Great Shelford, Cambridge, CB22 5NE.

There may be a fee for mortgage advice of up to 1% of the mortgage amount. The actual amount payable will depend on individual circumstances. A typical fee payable is £495. You will be advised at an early stage if a fee is payable and the amount. Commercial Mortgages and some types of Buy to Let mortgages are not regulated by the Financial Conduct Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK

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