A fractional property transaction can let you access some of the value of your home without creating a debt. It is based on the current value of your home, unlike a home reversion product which is based on the future value of your home.

Fractional property products allow you to:

• Sell a percentage of your property to a provider, in exchange for a lump sum now or
• Arrange a staggered settlement paid regularly for an agreed period of time.

• Access to interest free equity from your home as a lump sum or regular income.
• You can use the funds however you like.
• You retain title to your property, and lifetime occupancy.
• You benefit from capital growth (if applicable) on your portion of your home.
• You can rent out your home if you choose and benefit from the rent.
• Allows investors (including self managed super funds) to invest in your home, through a provider. This could allow you to keep the home within your family if your children or other family members purchase a share of the family home from their self managed super fund and/or other money.
• They are not restricted to specific postcodes or cities/major regional centres.

• You should seek legal and/or financial advice before entering into an agreement.
• You should contact Centrelink to discuss the possible impact selling a portion of your home could have on your pension/benefits.
• You are selling a portion of your home, which reduces the amount of equity you retain in your home.
• While you are living in your home, you will need to pay rent on the percentage of ownership to the investors.
• You will need to understand the reduction in your equity now and in the future, when you may need to sell your home.
• Set up fees, ongoing fees and other charges apply.