Home Safe Solutions
Insurance Agencies - Melbourne, VIC
Home Safe Solutions located in Melbourne provider of a debt free equity release solution for older Australians to access the wealth tied up in their homes without the need to downsize.
Home Safe Solutions provides peace of mind in retirement because you will always retain, as a minimum, the share of the sale proceeds of your home that you have not sold to Homesafe. Homesafe can never receive more than the agreed share of the future sale proceeds of your home, and you remain the owner of your home on Title.
A Joint Venture between The Szabo Group and Bendigo Bank, Home Safe Solutions, was founded based on a shared vision between the two entities to provide older Australians with a fair and transparent alternative to a reverse mortgage. Importantly, Homesafe was to provide not only a mechanism to access wealth tied up in the family home in a safe and secure manner, but also to ensure that the right to live in a home once an equity release transaction was in place, was fully protected.
In 2005, “Homesafe Debt Free Equity Release” was launched as a pilot through the Bendigo Bank to older Australians across Melbourne and Sydney. Since the succesful launch 10 years ago, Home Safe Solutions has received over 90,000 enquiries from customers. In 2014, the product was re-invigorated and its name changed to Homesafe Wealth Release.