Home reversion is a financial arrangement that allows homeowners, typically seniors, to sell a portion of their property to a reversion company in exchange for a lump sum or regular payments. The homeowner retains the right to live in the home for the rest of their life, but the reversion company gains ownership of the property upon the homeowner's passing. This option can provide additional income for retirees without the need to move. However, it is important to understand that the homeowner will receive less than the full market value of the property, as the reversion company takes on the risk of future property value changes.