Ask Noel: Reverse mortgage - it pays to check if pension will be affected

By Noel Whittaker
Updated June 28 2018 - 1:20pm, first published November 30 2017 - 12:00am
CAPITAL WORKS – A reverse mortgage used for home improvements should not affect your pension, but be sure you understand how interest applies to the loan.
CAPITAL WORKS – A reverse mortgage used for home improvements should not affect your pension, but be sure you understand how interest applies to the loan.

Q and A with Noel Whittaker

Q WILL my pension be affected if I take out a reverse mortgage? It will be used for home improvements and an update on the car.

Get the latest Senior news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.