Homesafe Solutions Pty Ltd
Information by Research TrustFinance
Established in 2005, Homesafe Solutions is a joint venture between Bendigo and Adelaide Bank and The P-Group. The company's mission is to provide Australian seniors (aged 60 and over) with a way to access the wealth tied up in their homes without incurring debt. Their core product, Homesafe Debt Free Equity Release, allows homeowners to sell a share of the future sale value of their property in exchange for an immediate cash sum. This model is distinct from a reverse mortgage as it involves no loans, no interest payments, and no risk of negative equity, allowing seniors to improve their financial independence while continuing to live in their homes.
Australia
Industry
- Other ServicePRIMARY
Financial