Home & Capital join Paradigm’s preferred panel immediately providing Paradigm members with access to its range of home reversion plans. Home & Capital offer four cash plans providing security and financial freedom to clients. They are:
• The maximum cash release plan – releases maximum cash in a single tax-free lump sum through the 100% sale of the property.
• The retained equity plan – releases enough for the client’s current requirements, retaining a percentage of the ownership which can be sold in the future; also ensures the client benefits from any future increase in property value on the percentage they retain.
• The maximum drawdown plan – releases maximum cash in stages to suit the client’s immediate and future requirements through a pre-agreed 100% sale of the property.
• The retained equity drawdown plan – releases enough for the client’s current requirements in stages, allowing them to retain a percentage of the ownership which can be sold in the future; again it ensures the client benefits from any future increase in property value on the percentage they retain.
Each of the four plans is endorsed by SHIP (Safe Home Income Plans) and Home & Capital considers each case and client on its own merits – it is therefore able to take a more pragmatic view to potential applicants and endorses its approach of providing a personal service to introducers and their clients. .
