No it's not a loan!
Tapping into the money locked up in your home can transform your life.
Homesafe Debt Free Equity Release allows you to tap into the value of your home without having to sell your home or move out. It's a new and innovative way to release a cash lump sum from your single biggest asset to improve your quality of life in retirement.
You can spend the money you release on anything you choose. You may wish to:
Access additional income to meet the rising cost of day to day living
Afford essential services, such as home care or nursing
Repair or improve your home to meet changing needs
Purchase or replace goods
Help your children or grandchildren
Buy a new car
Enjoy a holiday abroad or other leisure activities.
Homesafe Debt Free Equity Release is not a loan or reverse mortgage. There are no repayments while you live in your home and we guarantee you the right to live in your home for life, rent free. Homesafe Equity release is affiliated with and partly owned by Bendigo Bank and offers customers an alternative to a traditional Reverse Mortgage. RFS is accredited and licensed to offer this product to its clients.
RFS sees this product as a sensible alternative to a Reverse Mortgage, as it is our endeavour to provide our clients with the most appropriate product for their needs and wants, depending on their circumstances and preferences. We recognize that a loan or reverse mortgage is not everyone's cup of tea, and as such the Homesafe Equity Release Funding may suit your particular requirements.
As with any financial product you will be provided with a product disclosure statement and you are advised and encouraged to seek independent legal advice prior to entering into any equity release or reverse mortgage contract.
For more information or to make an appointment to meet with an RFS consultant,