Pembroke Wealth Management: 
home reversion schemes
A Reversion Scheme involves actually selling a percentage of a property to a reversion company for a fixed amount.
In some cases this is easier to explain. Homeowners will receive a certain amount of the value of the property sold depending on their age. When the property is sold, the reversion company receives the same percentage of the sale proceeds, which was originally borrowed against the value of the home.
These are the oldest forms of equity release dating back to the 1960s.
For more information on Reversion Schemes, please contact us
To understand the features and risks of a Reversion scheme always ask for a personalised Illustration.