Retirement Bridge Home Reversion (No Rent)

Are You Considering the Home Reversion (No Rent) Scheme? What are the Eligibility Requirements, Features, Interest Rates & Scheme Options? Discover If This Equity Release Plan Is For You.

Before You Start Reading...

How Much Can You Release? 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch

Retirement Bridge Home Reversion (No Rent) Scheme Review

Home Reversion (No Rent) Key Details

Type Rate APR
Retirement Bridge Home Reversion 2.75% 2.94%

Scheme Incentives

  • Free Valuation

Scheme Offers

see offers here.

I think you’ll agree with me when I say:

It’s REALLY hard to choose the best equity release scheme with all the choices available.

Or is it?

Is the Retirement Bridge Home Reversion (No Rent), equity release scheme the best?

Don’t let your equity release dream become a nightmare!

Luckily, we’re here to guide you on the ins and outs of equity release, as you deserve only the best.

However, it’s important to remember that not all plans are suited to each individual. You need to look for one that will serve your home, your lifestyle, and the reason why you’re considering equity release in the first place.

As leading experts in the field, we’ve delved into hours of research, unpacked all the equity release plans on the market (we’ve reviewed over 250 schemes!), and discovered the best in the business.

Could the Retirement Bridge Home Reversion (No Rent) be the right equity release plan for you?
We’re here to help you:
Retirement Bridge is one of the leading equity release providers on the market and might just be the answer you’ve been looking for.
Can you truly go wrong with Retirement Bridge?

Let’s find out!

Who Are Retirement Bridge?

The Retirement Bridge Group is made up of a number of firms that own and operate Home Reversion programmes.1 The Group’s major firms are Retirement Bridge Management Limited and Bridgewater Equity Release Limited.
Learn more about the various Retirement Bridge equity release schemes.
Retirement Bridge Home Reversion

Scheme Background

As the the UK’s biggest owner and manager of Home Reversion plans Retirement Bridge Management Limited offers homeowners the unique chance of releasing further equity from their homes.

With Home Reversion plans homeowners can sell all, or part of their home in return for a cash lump sum, a regular income, or both. The home, or the part of it they sold will belong to someone else, but they can carry on living in it rent free, until passing or when they move out.

Retirement Bridge Group comprise of various companies who collectively manage around 4500 plans. Amongst others, the largest of these are Retirement Bridge Management Limited and Bridgewater Equity Release Limited.

Authorised and regulated by the Financial Conduct Authority (FCA), our experienced and highly knowledgeable team is here to support you throughout the term of your chosen plan.

So, if you have not already sold 100% of the equity in your home you may be able to apply to release further equity from you property.

Eligibility & Requirements

You will only be eligible to enter into the Plan if you are aged at least 60 and at most aged 90.

If the Plan is to be in joint names, both applicants must be aged at least 60 and neither aged over 90 at the time of application.

Minimum Property Valuation

The minimum property valuation is 100,000 and there is no maximum valuation. However, properties valued over £500,000 will be subject to individual consideration and classed as an exception.

Property Location Requirements

Only certain properties are acceptable for the plan. More specifically, the property must be located in England.

Single vs Joint

Retirement Bridge’s Home Reversion Plan (No Rent) is available on both single and joint basis with a minimum age for the youngest applicant being 60 and neither of the applicants must be over 90.

Minimum Release

The minimum release for Retirement Bridge’s Home Reversion with No Rent is 25% and cash release amounts under £25,000 subject to individual consideration.

Scheme Features

You can sell between 25-100% of the property for a cash lump sum. The amount received will be based on your age(s) and your property value.

You will be granted a Lifetime Lease which allows you to live in the property for the rest of your life rent free, providing you adhere to the terms and conditions of the plan.

You have an option to choose an Early Vacancy Guarantee, where the property is vacated within the first 5 years a cash sum would be payable calculated on 80% of the original valuation less the original cash release that was paid.

Valuation Features

A valuation report is required by us to help decide how much cash we can release to you. We will arrange a valuation when you apply for a Home Reversion Plan, including where you seek to release further equity from a current plan (if able to) or to move home and transfer the plan to a new property (if able to) or if you want to buy the property back from us.

Early Repayment Feature

Equity Release Council Status

Retirement Bridge is a member of the Equity Release Council. The Home Reversion with No Rent fully conforms to the Equity Release Council Product Standards.

Joint Application Features

For joint applicants there is an option to choose an Early Vacancy Guarantee, where the property is vacated within the first 5 years a cash sum would be payable calculated on 80% of the original valuation less the original cash release that was paid.

Scheme Options

Rent can be reduced by 50% on the death of one spouse if the plan is held in joint names.

Repayment Options

Where arrears accrue, we will contact you and seek to make a mutually acceptable agreement (Repayment Plan) with you. Where we do so, we will confirm this in writing to you.

Application Fees

We will instruct our valuation services provider to carry out an independent valuation of the property. If a fee is payable for this we will inform the customer.

Footnotes

Bridgewater Equity Release Limited is part of the Retirement Bridge group of companies and is authorised and regulated by the Financial Conduct Authority (FCA Registration No 463013). Retirement Bridge is a member of the Equity Release Council. Bridgewater Equity Release Limited Company Registration Number 05064154. Registered in England.

Retirement Bridge's Other Equity Release Schemes

Are you looking for a specific equity release scheme?

These are some of the schemes offered by Retirement Bridge.

Before You Go

How Much Can You Release? 👇

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

Featured In
yahoofinance marketwatch

Editorial Note: This content has been independently collected by the SovereignBoss advisor team and is offered on a non-advised basis. Sovereignboss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations. Learn more about our editorial guidelines.

See How Much You Can Release 👇

Use the QUICK form below.

 

Equity Release Calculator

Value of Your Home?

50000

Drag me

🔒 100% Safe & Fast

As Featured In
yahoofinance marketwatch