Talking Finance: Retirement Funding with Richard Chesworth

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In this video we speak to Richard Chesworth from Household Capital, a specialist Retirement Funding (Reverse Mortgages) provider that delivers responsible long-term access to home equity. We discuss the renewed demand for home equity access to meet the varied requirements of older Australians, and examine market trends, common borrowing needs and where the opportunities appear for brokers. Of note is the marked increase in the number of Australian retiring with an existing mortgage, one that needs to be serviced with regular repayments. As a result, mortgage stress is impacting a growing number of retirement-age Australians. The advantages of using home equity to refinance existing mortgages are also discussed. For more info, click on this link:

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