Home reversion is a growing industry


As much as lifetime mortgages have been around for generations in some form or another, it is still a growing industry. Talk of equity release flailing is not backed up by the figures, with applications for equity release mortgages up around 5-10% every quarter. It is a very useful tool for retirement planning and so will continue to rise both here and in the USA.

Home reversion as a form of SHIP equity release is also an industry growing far faster than any other in the financial industry…aside from corporate insolvency of course. The reason for its popularity is that home reversion does not affect the right to stay in the home. This right is guaranteed for life making it a win-win situation allowing you to stay in the home you love and have worked for as well as opening up more money so as to enjoy retirement.

Because of these clear advantages, home reversion plans will continue to grow in popularity as more people realise these important factors.

Responsible Equity Release is a trading style of Responsible Life Limited. Responsible Life Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/) under reference 610205. Only if you choose to proceed and your case completes will Responsible Life Limited charge an advice fee, currently not exceeding £1,490. A lifetime mortgage may affect the value of your estate and your entitlement to means-tested state benefits. Our adviser will talk you through this and the setting up costs before you make any decision to proceed.

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