I would like to thank Paul for his honesty. When older Australians are fully informed about equity release, their concerns about age pension eligibility and future inheritance are quickly lowered.

It would be great to give examples of appropriate use and how future equity is forecast, so that reassurance can be given for a home loan that guarantees more consumer protections than any other home loan - a reverse mortgage

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Really? If living standard was the concern, why not remove the tax component from the sale of the family home.

Any loan can be called in, read the fine print. Would not happen they say. Really?

The aim of the game is to get your ( assets ) money in Their pocket.

They are very good at the game, because They make the rules!

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Re: Reverse Mortage

Hi I am 64 and my wife is 57 both in full time employment with 3 children between 22 and 15 with no savings and mortgage. We are looking at a reverse Mortage for renovation to our small house as we think our lovely kids will be with us a long time.Can you suggest if this is an option and who we should talk to . There are many Questions but I need to start somewhere.

Thanks

Russell

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