Different Types of Equity Release Schemes
Equity release schemes go by many names but independent of their names, they should fit into one of two categories:
- Lifetime Mortgages
- Reversions Schemes
Lifetime Mortgages
Lifetime Mortgages provide a way to release equity in your home by raising a loan against the value of your home from a bank, building society or other lender.
Learn more about Lifetime Mortgages.
Reversion Schemes
Reversion Schemes provide a way to unlock the money in your home by selling all or part of your home to an investment company.
Learn more about Reversion Schemes.