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Kerry accounts for 5% of home reversions

Mar 8, 2022 08:07
By radiokerrynews
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Kerry accounts for 5% of home reversions

Kerry accounts for 5% of home reversions.

That's according to a new report by Home Plus which is the first company to offer reversion since the financial crash in 2008.

The scheme allows older people to sell a stake in their home in exchange for a lump sum or monthly payment and lifelong right of residence.

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Homeowners receive an average of €144,741 for the share they wish to sell, with equity shares purchased by Home Plus ranging between 27% and 74%.

 

 

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