upon completion

When you complete a Bridgewater Home Reversion Plan you will be foregoing an interest in all or part of your property, whilst retaining complete security of tenure through a lifetime lease.

In Scotland, because of the different legal system, there is no lease. Instead, you will sell a share in your property to Bridgewater Equity Release Limited and enter into a Co-Ownership Agreement with Bridgewater. This will allow you to continue to occupy the property.

A key benefit of the plan is that whilst releasing equity in your home, you will experience no difference in your day to day occupation of the property after completion. This includes retaining various commitments whilst you live in the property:

• All bills - rates, insurance, service charges etc. remain your responsibility
• You must continue to maintain the property to the same standard as at the date of completion
• Once a year we require you to confirm that you are still residing at the property.

You are not allowed to let or share occupation of any part of the property other than with those persons named on the Lease (or any Co-Owners named in the Co-Ownership Agreement for Scottish properties), without our prior written consent.

Every three years an inspection will be made by appointment to ensure the premises are still in occupation and well maintained.

For full details please refer to the Bridgewater Equity Release Limited Home Reversion Plan Terms and Conditions.