19+ Home Reversion Plan Meaning PNG. It is worth speaking to an independent financial. This means that if, for example, you sold half of your property, the reversion provider would get 50% of the proceeds, while the remaining 50% would be put towards your inheritance.
With this plan, your age is a primary factor in determining the amount you will receive for the share you exchange.
With a home reversion plan, the part of it that you sell in exchange for a cash lump sum will belong to the home reversion company. Q i am a female divorcee, 55 years of age and own my own home. For example, assisting a person by completing the necessary. How do home reversion plans work?