SPONSORED ARTICLE: Equity Release Options: Why Homesafe Wealth Release® is different to a Reverse Mortgage.

Updated June 28 2018 - 1:22pm, first published October 17 2017 - 12:00am
Do you know your equity release options? Photo: iStock.
Do you know your equity release options? Photo: iStock.

THERE are two forms of equity release options for over 60s: debt free equity release or reverse mortgages. With a debt free option, homeowners can access a lump sum cash amount today in exchange for selling a capped share of the future sale price of their home. A reverse mortgage, is a debt product, which provides seniors with the ability to borrow against the equity in their home.

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