Sentence examples for reversion plan from inspiring English sources

The reversion plan involves the homeowner selling a share in his or her property for cash.

The other type of equity release is the home reversion plan.

The other type of scheme - a reversion plan - involves the owner selling a slice of the home.

She added that taking out a home reversion plan was "a huge financial decision involving the most important, and sometimes only significant, asset of elderly people.

This risk doesn't exist with a home reversion plan where you sell a percentage share of your home – usually for less than its market value.

One in 10 people who decides to go for a 'lifetime mortgage' or a 'home reversion plan' (the two types of equity release) does so because of debts, according to Age Concern.

Home reversion plans, though, will escape regulation.

The Treasury had initially rebuffed calls for so-called home reversion plans to be regulated.

The minimum age is typically 55 on lifetime mortgages and 60 on reversion plans.

Lifetime mortgages and home reversion plans are regulated by UK regulator the Financial Services Authority.

But home reversion plans have shrunk to less than 1% of the overall market, says the Equity Release Council, the trade body which includes plan providers, financial advisers and solicitors.