Doubling in size

The first thing to note is a home reversion (HR) plan involves selling legal ownership and transferring some or all of the equity in a home to a provider in return for a discounted cash sum. The amount received is discounted against the market value because the reversion provider might have to wait 30+ years before they can sell the property and receive its money. 2. A HR plan is not a loan or a mortgage and therefore the credit history of the customer is not a factor for the reversion investor who is buying all, or a percentage, of the property for a discounted value based on life ex...