Earlier this week the Homesafe Solutions senior’s equity release product was profiled on Channel 7’s Today Tonight program. The story was well-balanced, and tapped into the fast-growing demand for home equity release amongst Australian pensioners and self-funded retirees.
The Homesafe Solutions ‘Debt-free equity release’ can be a good solution, and for some people will be a preferred option to a reverse mortgage. However, the product is only currently available in metro Sydney and Melbourne, so many seniors who need to access equity in their home do not have this option available. Aside from selling and downsizing, a reverse mortgage may still be the only viable option for many retirees.
Contact Seniors First on 1300 745 745 for more details on equity release options currently available to you.
{ 14 comments… read them below or add one }
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How long before this will be available in Queensland?
We watched Channel 7’s Today Tonight program regarding Homesafe Solutions and have noted that Homesafe Solutions seniors equity release is only available in Sydney & Melbourne. Will it become available in Adelaide in the near future.
If so, how does it work.
Hope to get a reply to this query soon.
Thank you
Pam Wrangles
I live in Queensland this would be a very happy answer to our problems
is there any way we can get help ?
thanks
margaret mosher
Watched Today Tonight and want to know how soon will it be available in Perth WA
Mobile: 0432 487 188
can you tell me if you have a office in Perth that I can go to to talk face to face ???? thank you .
Hi Mira, no it is not available in Perth.
We may be able to assist you with a reverse mortgage however. Please call 1300 745 745 to discuss further.
Regards,
Darren
Hi Reg,
No it is not available in QLD.
We may be able to assist you with a reverse mortgage however. Please call 1300 745 745 to discuss further.
Regards,
Darren
Do you know of any other schemes similar to homesafe that are available in SA?
No Adella, sorry none exist at this time. The only option to release equity, aside from selling the house, would be a reverse mortgage. For help or more information on lenders, please call Seniors First on 1300 745 745.
Regards,
Darren
we live in perth and i would like to no if yous have come over here yet, i am 59 years old and in the process of losing my home.
II THIS AVAILABLE IN THE ILLAWARRA AREA IN WOLLONGONG
After Current Affair, on Friday november22 nd, I would be interested to hear if Homesafe is available in the Illawarra?
Hi Patsy, as far I am aware it is not yet available in that area. I will email you privately with other options. DM