Home reversion products
Home reversion products allow you to sell a share of your home's future sale proceeds, in return for a lump sum now.
Home reversion products allow you to access some of your home equity, without creating a debt.
These products are a part-sale property contract, rather than a loan. You agree to sell a share of the future sale proceeds of your home, and in return, you receive a lump sum now.
- As it is not a loan, there is no interest and no increasing debt.
- The provider receives the agreed percentage of the sale proceeds from your home, when you eventually sell it.
- You continue to own your portion of the future sale proceeds of your home.
- You can remain in your home, or you can rent it out, subject to your agreement with the provider.
- If you rent your home out, you receive all of the rental income.
With home reversion products:
- they may only be available in major cities or specific postcodes
- set up costs and fees apply.
You should see professional advice to understand the potential impact on your home equity future sale proceeds as well as any impact on any Centrelink entitlements such as the Age Pension.
You will need to obtain legal advice before signing the part-sale contract.
Fractional property products
Similar to a home reversion product, but based on the current value of your home.
Reverse mortgages
A type of loan to borrow money using equity in your home.
Pension Loans Scheme
A way to supplemented your age pension funded by the Federal Government.
Shell eGift Card
Save 3% off when you purchase online. Redeemable at participating Shell branded service stations.
National Seniors Savings Hub
Discover exclusive savings on essential home services including electricity, gas, broadband and maintenance.
How to have an epic retirement
Purchase your copy of 'How to Have an Epic Retirement' and save 23%.
National Seniors Travel
Discounts on cruises, tours and hotels through National Seniors Travel.
National Seniors Travel Insurance
National Seniors members receive 10% discount on National Seniors travel insurance^
Bunnings eGift Card
Save 2% off when you purchase online.