Our Services

Home Reversion

Home Reversion

A home reversion plan allows you to sell of a part or all of your property at less than the market value in exchange for a tax free lump sum. In return you live in the property either rent-free or for a peppercorn rent, this means that you can live rent free in your property for the rest of your life – although you must agree to keep it maintained and insured. There are no monthly repayments to be made and when you die, the house is sold and the lender gets their share of the percentage agreed at the beginning of the contract.

You can usually sell between 20% and 60% of the market value of your home and it is available to those who are over 65. The sum you receive will depend, not only on the percentage sold but also on your age and on the home reversion provider.

A home reversion plan also allows you to stay in your home until you die or need to go into long term care. As you are selling a share of your home, there are no interest payments to consider. This makes it simpler to plan for the future as you will know exactly what portion is being left as inheritance.

You must consider that a home reversion plan, once committed to, cannot be easily undone – as you are selling part of your property.

PLEASE NOTE THIS SERVICE IS OFFERED BY REFERRAL TO A THIRD PARTY ONLY.

A home reversion plan allows you to sell of a part or all of your property at less than the market value in exchange for a tax free lump sum. In return you live in the property either rent-free or for a peppercorn rent, this means that you can live rent free in your property for the rest of your life – although you must agree to keep it maintained and insured.

Our Services.

MORTGAGES

If you are looking to buy a home, then we can review your options.

INSURANCE

We can provide you with advice on all types of insurance.

EQUITY RELEASE

Clear, simple advice that is suitable for you & your circumstances.

Lauren JonesLauren Jones
08:56 03 May 23
We have used Lucie to help us with our mortgage on 3 properties now...and she is wonderful! We wouldn't ever want to... use anyone else and we would recommend to anyone.She is incredible knowledgeable and goes above and beyond to make sure were getting the best possible options.Thankyou again Lucie!xxread more
leo nepomucenoleo nepomuceno
10:26 02 May 23
Thank you is not enough to describe how grateful we are to Lucie Hart for helping us to get our mortgage in our first... home. You’ve been so nice and very helpful through the entire process. CFS is highly recommended.read more
Tomasz NikielTomasz Nikiel
19:31 15 Mar 23
Peter and Ian have helped arranging mortgages for me for many years. I cannot recommend their services enough. They are... always there to answer all questions as soon as possible, professional and friendly, ready to help in any situation no matter how complex. I always receive sound advice and best product possible. Arranging a mortgage with CFS is quick and stress free, they are absolutely brilliant!Thank you!read more
Katie TaylorKatie Taylor
20:30 01 Mar 23
I cannot recommend Central Financial Services enough. Peter and Ian have advised my husband and I on our finances for... over 8 years and they never let us down. Ian is very efficient and highly experienced too. Peter is professional and personable. I have previously recommended Central Financial Services to family, as well as friends, who have all had the exact same, seamless, efficient and excellent service and results.read more
js_loader

Contact Us

For quick, simple answers to your questions, speak to one of our friendly advisors.

Google Rating
5.0
Based on 63 reviews
js_loader