A Home Reversion Plan: A home reversion plan, or home reversion scheme, allows you to sell some of your home to a company. You can receive a tax-free lump sum or a regular income, or both. This is available to homeowners over 65 years old.
You will only get between 30 per cent to 60 per cent of the home’s market value because you can carry on living in the property without paying rent.
They are also unable to sell it until you have died or moved into long-term care.