With a home reversion plan can I repay it and regain ownership of any share sold?
This will depend on any contract offered by the home reversion plan company you choose, but even where it may be technically allowed you may find it uneconomic to do, so if you are likely to want to do this, you may be better looking at either a roll up lifetime mortgage or an interest only lifetime mortgage.
The reason you may find it uneconomic under a home reversion plan is that most home reversion plan providers would insist on you repaying the greater of, either the current value of the share sold to them, or the value applying at the outset. As you only received a discounted sum, this would be much greater than the amount of money you received when you sold the share. We would therefore suggest, that unless you won the lottery, paying back any share sold under a home reversion plan would in reality be impossible, even if technically the provider allowed it.
You might like to find out more about how home reversion plans work by looking at home reversion plans and then compare them with lifetime mortgages.