Home Reversion: unable to buy 'suitable replacement'

HRCH

Junior Member

Joined: May 2017

Posts: 1
- Share
- Tweet
#1

Home Reversion: unable to buy 'suitable replacement'

22nd May 2017, 20:25:PM

My mother believed that her home reversion arrangement would allow her, at a suitable time, to buy a 'suitable' replacement using all the available funds. However, it turns out that the leasehold arrangement with the provider (Key Retirement) means that this is not the case. She can only buy her new home with 50% of the funds. Anyone out there with a similar experience? Anyone with a view on possible mis-selling?

Tags: None

Previous Next

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.

If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.

Home Reversion: unable to buy 'suitable replacement'

Home Reversion: unable to buy 'suitable replacement'

Announcement

Court Claim ?