Frequently Asked Questions (FAQs)

Below are some frequently asked questions in relation to Homesafe Debt Free Equity Release. Click on each question for answers:

Frequently Asked Questions
How much can I obtain from Homesafe?
Am I eligible for the product?
What are the fees and charges?
Can I buy-back the share of the future sale proceeds I have sold to Homesafe?
Do I have to regularly maintain my home under a Homesafe Contract?
Can I rent out my house?
How is the market value of my home determined?
Will my pension or social security benefits be affected?
What happens if the value of my home goes down in future?
What happens if I need to sell my home earlier than anticipated?
What if I have an existing mortgage on my Title?
Should I discuss Homesafe with my family?
What happens if I die before my partner?
What happens if my partner is not on the Title?
Why does Homesafe register a mortgage on my Title when it is not a loan?
Can I use the amount I receive from Homesafe for any purpose?
Should I get legal advice?

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A product of Homesafe Solutions Pty Ltd (ACN 106 784 918), a company equally owned by Athy Pty Ltd (ACN 005 852 246) and Bendigo and Adelaide Bank Limited (ABN: 11 068 049 178).Conditions apply. This product involves the sale of a part interest in the homeowner's property to Homesafe Solutions Pty Ltd. For more details call 1300 307 059. Homesafe Solutions Pty Ltd is a company limited by shares and neither Athy Pty Ltd nor Bendigo and Adelaide Bank Limited or any of their related bodies corporate (to the extent permitted by law) have any legal liability to you in respect of the product Homesafe or the company Homesafe Solutions.