Keep up with the latest news and updates
February 4, 2016
Majority of Australian seniors are still reluctant to unlock their home equity through reverse mortgage loan. Recent report from the Productivity Commission reveals that less than 1 per cent of older Australians use financial products to tap into the substantial wealth of their home. The same report also shows that age pensioners tend to be
February 2, 2016
For older Australians living on pension, maintaining a modest life could be a challenge. Your income in your retirement years will not be enough to pay for all your needs, so you might resort to cost-cutting and even debt just to make ends meet. Chances are, you have accumulated your wealth in form of home
November 4, 2015
Recently Seniors First Managing Director, Darren Moffatt, conducted a media interview on the current state of the local reverse mortgage market. This was in response to a recent report by Deloitte which now has the value of the reverse mortgages in Australia at $3.7 billion. To find out what’s happening with reverse mortgage lenders, and
August 24, 2015
Are you worried about your retirement? Perhaps you are concerned your savings will not be enough to cover your lifestyle when you retire. Is a reverse mortgage the solution for you? I was recently quoted in a very extensive article by the Financial Review on reverse mortgages, which I recommend you read in full. It’s
May 26, 2015
Reverse mortgages have been every where in the media recently. Suddenly it seems that releasing home equity is THE solution for seniors facing lower pensions and possibly higher superannuation taxes, from a government under fiscal pressure. There was a great article published recently about this phenomenon. Even the Financial System Inquiry strongly suggests reverse mortgages as
March 17, 2015
“Today we are announcing a new mission statement that is really all about the consumer,” SEQUAL chairman Mr John Thomas said in a media release following the launch of SEQUAL’s new website. SEQUAL’s new mission statement promises a dignified and secure retirement for all Australian home owners. The Senior Australian Equity Release Association (SEQUAL) has
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