Equity release
Reverse mortgages explained
A major bank announced this week that they were introducing a “reverse mortgage” product. So what exactly is this and who is it for?
When equity release can go wrong
James and Mary took out a line of credit when James retired, 12 years ago. The amount borrowed was the ...
Taking out a line of credit
John and Jenny are both 70 and have enough to live on from day to day. They have, however, just discovered ...
Spending financial assets
Richard and Lynne have just retired. Richard is 67 and Lynne is 65. They own their home (value about ...
Selling to whanau - Pari and Tatiana
Pari and Tatiana had little opportunity to save for retirement. They'd had a large family and supported ...
Selling to family - Theresa
Theresa owned her own flat, worth $140,000, but by the time she was 70 she'd spent nearly all her retirement ...
Looking at a reverse annuity mortgage
Graham and Ann own their own home without a mortgage and want some extra income. They have no children, ...
Creating a flat in the family home
Ian and Liz want to stay in the family home after they retire, but it’s a bigger place than they ...
A loan reinvestment scheme
Geoff and Valerie are having a hard time living on NZ Super because they don’t have any savings ...
