It’s not only younger people who are struggling to put a roof over their heads.
Over the past two decades, the circumstances of older Australians seeking affordable housing have deteriorated, with home ownership rates plummeting and a rising number of retirees saddled with mortgage debt as they enter retirement.
The information in this article is general in nature and has been prepared without taking into account the needs, objectives, or financial situation of any particular individual. Individuals should consider their own circumstances and, if necessary, seek professional advice. All reverse mortgage products are subject to the terms, conditions and approval criteria of the lenders and fees and charges apply.
Equity Mortgage Specialists Pty Ltd trading as Your Home Equity / ABN 57 649 344 212
Corporate Credit Representative of QED Services Pty Ltd trading as Pursuit Broker Services / Australian Credit Licence 387856 / ACN 147 272 295