SYDNEY, AU / ACCESS Newswire / July 23, 2025 / Homesafe Wealth Release , an Australian financial services company, has just announced the public launch of its Homesafe Wealth Release® product, responding to rising inflation and the escalating pressures of the cost of living on retirees. Homesafe Wealth Release® has been designed to help retired homeowners gain debt-free access to their home equity.
"Many older Australians have built significant equity in their homes but don't want to take on more debt or be forced to sell and move," according to Dianne Shepherd, Homesafe's Managing Director.
Key Features
Applying a unique profit-sharing model to the problem, Homesafe's product grants homeowners a single lump-sum payment in return for an agreed-upon, capped share of the proceeds from the future sale of the home. With no debt involved, financially burdened retirees don't need to worry about interest or monthly repayments.
They also retain home ownership and occupancy rights. They don't need to downsize, and they are protected against negative equity. Rather than take on the stress of a reverse mortgage loan, the retiree sells Homesafe a share of the home's future sale value.
The size of that share helps determine how much of a lump-sum payment is available. Homesafe considers the share of future value, the home's current value, and the applicant's age when determining the amount of cash to offer in exchange for the share. Homeowners can access their equity flexibly by offering a smaller or larger share of the home's eventual value. Amounts that homeowners can access range between $25,000 and $1,000,000.
Stability and Transparency
Due to the long-term nature of the agreement involved, homeowners may have a high threshold for the stability they expect from a company like Homeshare.
Meanwhile, Homesafe has been working to build its reputation for ethical practices, financial transparency, and strong consumer protections. Its website features real-life video testimonials from retirees who have successfully unlocked debt-free home equity through their agreements with Homesafe.
Rhona, one of the retirees featured, expresses her delight at being able to stay in a home she has treasured for almost thirty years with its "lovely garden," while still being able to access funds that give her and her family the freedom to purchase a new family vehicle and make further improvements to the home.
"Homesafe has given us peace of mind for the future," Rhona shares.
Hank, another retiree, speaks of Homesafe's transparency throughout the process.
"They didn't muck about with words; there were no parts to the documentation that were unclear," he shares. "It really made it so that we had nothing to be concerned about."
Eligibility
Homesafe currently offers coverage in 90% of Melbourne and Sydney postcodes and is available to homeowners who are at least 60 years old in Victoria and New South Wales but regions are believed to be expanding. To be eligible, the home must be debt-free, and all permanent residents in the house must be listed as homeowners on the title or have an interest in it. The home must also be the homeowners' principal residence.
Website URL - homesafe.com.au
Company name - Homesafe Solutions P/L
Email address - info@homesafe.com.au
Country - Sydney, Australia
business.gov.au
SOURCE: Homesafe Solutions P/L
View the original press release on ACCESS Newswire