One of the most common questions homeowners ask about equity release is what it will mean for the inheritance they hope to leave behind. With Homesafe Wealth Release, the capped share approach is designed to provide certainty on exactly this point.
When you access equity through Homesafe, you agree to sell a share of the future sale proceeds of your home in return for a lump sum today. Crucially, that share is capped. Homesafe is not entitled to receive any more than the agreed share, regardless of how long you remain in your home or how much the property grows in value.
This is an important difference from products that charge compounding interest. With a reverse mortgage, the amount owing can grow significantly over time, steadily eroding the equity left for your estate. A capped share removes that uncertainty.
Whatever remains of the sale proceeds after the agreed share is paid stays with you or your estate. This gives you and your beneficiaries a clearer picture of what can be passed on.
Understanding how the capped share works can help families have an open conversation about the future, with fewer surprises down the track.
This article is provided for general information only and does not constitute financial, legal, or taxation advice. Terms, conditions and eligibility criteria apply.