
Sign up to save your podcasts
Or


This week, Justin Bott, Media Information Office from Services Australia (also known as Centrelink) comes on to discuss the pros and cons of reverse mortgages. For many that have all their assets tied up in the family home, this could be a valuable way to unlock much needed cash flow. But buyer beware, there are many traps as well as benefits. We also discuss for those of pension age, the government offering in reverse mortgages could be just what is required. As always, contact a professional adviser if you're not sure, and just in case.
By Ray TrevisanThis week, Justin Bott, Media Information Office from Services Australia (also known as Centrelink) comes on to discuss the pros and cons of reverse mortgages. For many that have all their assets tied up in the family home, this could be a valuable way to unlock much needed cash flow. But buyer beware, there are many traps as well as benefits. We also discuss for those of pension age, the government offering in reverse mortgages could be just what is required. As always, contact a professional adviser if you're not sure, and just in case.

82 Listeners

113,121 Listeners

45 Listeners

52 Listeners

472 Listeners

15,506 Listeners

149 Listeners

2,536 Listeners