What is Homesafe?
Homesafe Wealth Release® is a debt-free equity release solution — it is not a loan, not a reverse mortgage, and not a financial services product. It is a property transaction under Australian property law.
The homeowner sells a capped share of the future sale proceeds of their home to Homesafe. In exchange, Homesafe provides a lump sum of cash today. Because Homesafe is buying a share of a future, unknown amount, the cash provided today is less than the same share of the property's current value.
Homesafe is only entitled to receive its share when the homeowner chooses to sell, or after they have passed away. There is no debt, no compounding interest, and no repayments.
Unlike a loan — where interest compounds and the amount owed can grow over time — Homesafe's entitlement is fixed at the time of the contract. The capped share never increases. Families know from day one the maximum percentage of the sale proceeds that Homesafe can ever receive, regardless of how long the contract runs or how much the property grows in value.
How it Works
The structure is straightforward and all protections under Australian property law apply throughout.
Homeowner sells a share of future sale proceeds
Using an uncompleted Contract of Sale, the homeowner agrees to sell a capped percentage of the future sale price of their home to Homesafe. Homesafe pays a lump sum today in exchange for that future share.
No repayments — ever
There are no ongoing repayments, no interest charges, and no fees. The homeowner simply continues to live in their home as they always have.
Homeowner decides when to sell
Nothing happens until the homeowner chooses to sell, or passes away. Only then does Homesafe receive its agreed share — paid directly by the purchaser of the home, not from the homeowner's pocket.
Both parties share in the property's performance
Because Homesafe holds a percentage of the future sale price, if the home grows in value both parties benefit. If the value falls, Homesafe's dollar return also falls.
Important: Because the homeowner is accessing the value of a future asset today, the lump sum received is less than the full value of the agreed share applied to today's property value. The amount available depends on the age(s) and gender(s) of the homeowners, and the current market value of the property.
Eligibility
Homesafe Wealth Release® is available to homeowners who meet all of the following criteria. Eligibility is assessed by Homesafe at no cost and with no obligation.
- Homeowner is aged 60 or over
- Property is a residential home in an eligible suburb
- Property is owner-occupied (not an investment property)
- Property is not an apartment
- Homeowner obtains independent legal advice before signing
Equity & Estate
A common concern for families is how a Homesafe contract affects the homeowner's estate and the equity available to beneficiaries. The answers below address the questions we hear most.
Does Homesafe affect the homeowner's estate?
Yes — when the home is sold (including as part of the estate), Homesafe receives its agreed capped share of the sale proceeds. The remaining proceeds form part of the estate for distribution according to the homeowner's will. Because the share is fixed at the time of the contract, families can plan with certainty.
Can beneficiaries buy back the Homesafe share?
Yes. At any time — including after the homeowner has passed — the estate or beneficiaries can elect to buy back the share sold to Homesafe. The Homesafe Completions Team can assist with this process.
What happens if the home is sold before Homesafe anticipated?
An Early Sale Rebate may apply. If the home sells earlier than Homesafe assumed when making the offer, Homesafe may receive less than the full capped share. The earlier the sale, the larger the potential rebate to the homeowner (or their estate).
What if my parent enters aged care?
Moving into aged care does not trigger any requirement to sell the property under a Homesafe contract. The homeowner retains the right to remain in their home, rent it out, or take other steps. Separate financial and aged care advice should be sought to plan how retained equity may be used.
Families are encouraged to seek independent financial advice, particularly in relation to aged care planning and estate distribution. Homesafe's team is available to speak with family members directly — all conversations are obligation-free.
Frequently Asked Questions
Questions families most commonly ask when a parent or loved one is considering Homesafe Wealth Release®.
What customers and families say
Perspectives from homeowners who have used Homesafe Wealth Release®, and from family members who supported them through the process.
“When Mum told us she was looking at Homesafe, we had a lot of questions. The Homesafe website helped us understand how it works before we met with her consultant. We were reassured that she'd keep ownership of her home and that there's a fixed cap on what Homesafe can receive.”
Samantha, Glen Waverley, VIC
“After speaking with our solicitor and the Homesafe team, we understood exactly what we were agreeing to. Two years on, we have no regrets. The peace of mind has been worth it.”
Mary & Peter, Baulkham Hills, NSW
“Dad was very proud about staying in his home. Knowing that Homesafe couldn't force a sale gave us all real comfort. The process was transparent from start to finish.”
Trevor, NSW
Testimonials are illustrative of typical customer and family experiences. Individual outcomes will vary.
Download the Homesafe brochure
Our plain-English brochure explains the full details of how Homesafe Wealth Release® works — helpful to read before speaking with a specialist, or to share with other family members.
The Homesafe team welcomes enquiries from families
All conversations are obligation-free. Speak with a specialist, or start an enquiry on behalf of your parent or loved one.
Homesafe Wealth Release® is not a loan or financial services product. Before entering into a Homesafe Contract, a customer must obtain and engage an independent legal advisor, and financial advice should be sought. All customers should contact Centrelink/Services Australia to confirm if a Homesafe Contract could impact their pension entitlements. This information guide is general in nature and does not constitute financial advice. Subject to eligibility criteria, property valuation, and terms and conditions. Maximum available amount may vary. Homesafe Solutions Pty Ltd. All rights reserved.