Equity Release Adviser Park Gate

With a Home reversion plan, you sell part of your home to a private company, they in turn allow you to live there for the rest of your life, often for a nominal rent. With home reversion plans you may not receive the full market value as you would do on the open market this would be dependent on factors such as your age and the value of your property.

Home reversion plans

When your home is sold the reversion plan company will receive a pro-rata share of the proceeds from the sale. Therefore if you sold a 50% share of your home to the reversion plan company, it would receive 50% of the proceeds.

These types of home reversion plans are typically available to you if you are over age 65 years, unless you are in poor health.

Mortgages
life insurance
home insurance
equity release

We offer whole of market advice for all types of customers, whether you are a first time buyer, home mover or looking to purchase a buy to let property. Being independent we are able to offer impartial advice from the whole of the market to ensure you get the product that suits your financial needs.

Whether you are looking to protect your mortgage payments or your family, we provide independent advice for life insurance, critical illness cover and income protection from a wide range of providers.

Buildings Insurance is a requirement when you complete on a mortgage the cover is to provide security to the lender, the insurance covers the main structure of your home. It will cover you for subsidence, storm, flood, fire or smoke damage and cover the costs of rebuilding or repair.

Equity release is a way of releasing cash from your property, either through selling a percentage to the reversion company or taking a mortgage on it, while allowing you, the homeowner to continue living there as long as you wish.