What is a Home Reversion Plan?

A Home Reversion Plan is a type of equity release. It lets you unlock a tax-free lump sum of cash from your home by selling some or all of your property to your chosen provider, while still living in it.

Releasing cash with a Home Reversion Plan could be a way for you to help fund your retirement.

Find out if you can do this by using our quick Equity Release calculator.

How does a Home Reversion Plan work?

With a Home Reversion Plan, you can release tax-free cash from your home by selling some or all of your property to a Home Reversion Plan provider. With this type of plan, you have to be 65 years old.

You still get to stay in your property even though you’ve sold part or all of it to a lender. This means you can keep living in your home rent-free until you die.

Pros and Cons of a Home Reversion Plan

Equity Release might not be right for you. Here’s a quick breakdown of some key things to know about Home Reversion Plans to help you decide:


  • You get a tax-free lump sum of cash that could help fund your retirement
  • You are still able to move house if you want to, as most plans can be moved to another property (Criteria may apply and it may mean paying back some or all of the loan)
  • You know as soon as you set up your plan what percentage of your home you will be able to pass on to your loved ones
  • You don't pay any interest like you do with a Lifetime Mortgage


  • The money you take out could affect any means-tested benefits you're entitled to now or in the future
  • You can't take out a Home Reversion Plan until you're 65
  • Your home will be sold to the Home Reversion provider at below market value
  • Your home will sell at below market rate
  • If you decide you would like to buy back the part of your property you sold, you need to buy it back at market value which will mean paying more than the amount you received
  • Selling all or part of your home through a Home Reversion Plan will reduce what you can leave to your loved ones when you die

Use our calculator to see what you could get

Why not give our quick and simple Equity Release calculator a try? It can tell you if you’re able to release cash from your home.

Next steps

Here are some next steps you can take if you feel a Home Reversion Plan could be right for you.

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Call us

We can help explain everything you need to know about Home Reversion Plans and answer any questions you may have.

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Request a free brochure

Our handy brochure has information on the key things you need to know about Equity Release.

Important information

You will speak to an adviser before releasing any money and they’ll make sure you understand the whole process.


More about your retirement income options

Explore your retirement income options, including ways to take your pension money, with our handy guides and tools.