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Change nothing, Change everything.
Change nothing, Change everything.

Change nothing, Change everything.

Homesafe Wealth Release® changes nothing about how you live in your home, but it can change everything about how you live your life.

Homesafe Wealth Release® enables you to access the equity built up in your home – debt free! You receive a lump sum cash amount up front in exchange for selling an agreed share of the future sale proceeds of your home. Your right to live in your home is fully protected, and you have peace of mind that Homesafe will never receive more than the agreed share you have sold.

 

Change nothing, Change everything.

Homesafe Wealth Release® changes nothing about how you live in your home, but it can change everything about how you live your life.

Homesafe Wealth Release® enables you to access the equity built up in your home – debt free! You receive a lump sum cash amount up front in exchange for selling an agreed share of the future sale proceeds of your home. Your right to live in your home is fully protected, and you have peace of mind that Homesafe will never receive more than the agreed share you have sold.

 

How does Homesafe Wealth Release® work?

Step 1

Step 1

Today

You enter into a Homesafe Contract to sell a share of the future sale proceeds of your home. Homesafe is not entitled to anything more than this agreed share and will only receive its share when you sell your home, or when your home is sold after the death of the surviving party to the Homesafe Contract.

Step 2

Step 2

Release

In exchange for selling Homesafe an agreed share, you receive an upfront cash amount on entering into the Homesafe Contract. The cash you receive is less than the 'face value' of the share you sell to Homesafe due to the valuable entitlements you retain for life.

Step 3

Step 3

Future

When your home is eventually sold, you or your estate will be entitled to the share of the sale proceeds not sold to Homesafe, and depending on when your home is sold and for what value, you may be entitled to an Early Sale Rebate.

Latest news

6th of March 2015

Bendigo Bank & Homesafe call on the Federal Government to consider better ways to help Australians fund their retirement - Press Release

With the 2015 Intergenerational Report predicting that Australians will live longer and be poorer over the next 40 years, Bendigo Bank and Homesafe Solutions have called on the Federal Government to consider better ways for Australians to support themselves in their old age. The... Read More

12th of August 2014

Bendigo's Homesafe looking good

Bendigo and Adelaide Bank has a track record of making strategic moves at the top of the market and getting it wrong, but its pioneering role in releasing the equity in homes looks like being a long-term winner. The bank's partnership with Melbourne actuary Peter Szabo is delivering... Read More

25th of January 2011

Unlock home savings to fund old age

AGEING baby boomers are haunted by two questions: will I have enough money to live comfortably in retirement; and how will I pay for aged care when the time comes? Earlier generations of Australians trusted governments to meet their needs on both fronts. Baby boomers know this... Read More