You could join those already making the most of their retirement years using the equity locked in your home.
ContinueYou could join those already making the most of their retirement years using the equity locked in your home.
Assume you own a property worth €200,000 Euros and would like to release some equity tied up with it through reversion.
If you are willing to sell 50% of it to Home Plus, the actual market value would be 50% of 200K which is 100K.
But since you get to live in that same house for the rest of your life or until you enter a nursing home, you will be entitled to a lump sum lesser than 100K.
The lump sum you receive also depends on your age. For example, the younger you are, the longer you will stay in your house thereby further reducing the lumpsum you are entitled on day 1.
With the boost, there is also a flexible option where you can either stop paying those monthly amounts or lower it to an even smaller amount after a number of years at your convenience.
Remember, home reversion is not a loan, and you don't ever have to pay back the money you receive.
Home reversion is not a loan - it is simply a way to release equity in your own property. Find out how much equity you can release...
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To avail of further benefits and release more equity, further tailor with one of our plans below:
Lump sum with no monthly payments.
Home Plus brings you our Core Finance Plan. This is our balanced entry level financing plan.
Boost your lump sum by opting to pay a small monthly figure.
Home Plus brings you our Focus Boost Finance Plan for customers who need high level of boost financing.
Boost your lump sum and either stop paying those monthly amounts or lower it to an even smaller amount after a number of years.
Home Plus brings you our Flex Grade Finance Plan for customers looking for flexible financing.
Residential Reversions Limited, trading as Home Plus is regulated by the Central Bank of Ireland (No C43125)
Company Registration No in Ireland 270158
Registered office 5 Fitzwilliam St Lower, Dublin D02 XR28
Home Plus and the associated logos are trademarks of Residential Reversion Ltd.
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