


Reverse Mortgage Alternative - Homesafe Wealth Release
Based on authentic user experiences
Rob Thompson
6727 reviews
N/A
5 months ago
Make sure you really know what you are geeting into
This as company has a bit of a habit of removing bad reviews If zero stars was an option they would get it I am extremely close to a family that recently settled the property of their parents Initially their relation sold approximately 23 share of their house about 15 years ago The house was valued at approx 400K yet the owner received approx 50K Come to sale time and the homesafe share is approx 240K and you are also incumbered with the additional costs of their valuation before you can sell their other costs which hide in their contract Eg their lawyers fees for settlelmentThe company ducks and weaves any questions and says everything is in the contract They advise that the recipient they should seek independant legal advice and have people sign a disclaimer but I know the person in this case did not pursue this to their and their families detriment If you happen to lose the contract they hit you with another fee USE THIS BUSINESS AT YOUR OWN PERIL
Sloane Nickson
6727 reviews
N/A
5 months ago
I m my opinion I would highly recommend
I m my opinion I would highly recommend giving this a miss and exploring other options even selling over going down this route After 8 years they receive 49 of the value of the house they will only speak to lawyers once probate is granted and you have to pay their lawyer fees as well as your own You must pay for the property valuation also they bear no cost at all only their initial outlay So if after 8 years them receiving 950000 after lending 200000 seems right then go ahead No this is not a loan they are buying a share in your property if you downsize you will have cash and property that will also grow in value
James
6727 reviews
N/A
5 months ago
Predators
Read the recent guardian articles about these people Sounds like their business model is ripping off older hard-working people
Simon
6727 reviews
N/A
5 months ago
Highway Robbery
DO NOT enter a contract with this group They prey on the older vulnerable community How the government can let this company steal from unsuspecting people is criminal My mum just sold her house they are getting 1 3 of the sale price when the initial borrowings were 1 10th the value
Christene
6727 reviews
N/A
5 months ago
Hope for the future
Communication was excellent and very professional yet friendly and was easy to understand It has given me security for my future and my quality of life secure and financially stress free
Aubrey Teague
6727 reviews
N/A
5 months ago
Homesafe
The Homesafe experience proved to advantageous providing us with some financial security for our our retirement lifestyle Their consultant presented us the Homesafe product in a clear and no nonsense manner which allowed us to make the decision to use their service There were no hidden catches
daniel smitham
6727 reviews
N/A
5 months ago
We were looking to relieve some stress
We were looking to relieve some pressure with rising interest rates with unfortunately still having a mortgage in our sixties we had heard about HomeSafe and contacted them to find out more A meeting was arranged with their company representative Nick Todd Nick sat with us for about two hours explaining how the process worked and answered every question we threw at him without hesitation We didn t proceed with the contract for only one reason totally unforeseen a very close family member offered to pay out our existing mortgage but I can assure you if this lifeline wasn t an option we would have proceeded with HomeSafe Again the totally professional treatment we received from Nick was above and beyond he is obviously a very important part of the company Once again Nick thank you for the time you took to explain the process Daniel and Tracey
Dianne Firman
6727 reviews
N/A
5 months ago
Thank you Homesafe Wealth Release You
Thank you Homesafe Wealth Release You have given me a new lease of life and a new house with my home renovations Without your company this would not of been possible for me Using the equity in my house made my dream come true and made me feel safe and comfortable My whole Homesafe journey was amazing and made soo much easier with the kindness and expertise of my Consultant Jason who guided me through from start to finish I would be extremely happy to highly recommend Homesafe to my family friends or anyone that is thinking of using their home as equity to for fill their dreams and aspirations Thank you again Homesafe you were amazing
Danny G
6727 reviews
N/A
5 months ago
Important product for asset rich cash poor seniors
Homesafe provide an important and valuable product Most of the critics on this forum appear to be disgruntled beneficiaries complaining because they didn t receive a certain amount of money which a they did nothing to earn and b was never legally theirs to begin with If you are an elderly person sitting on a property worth a million dollars but find yourself in the position where you can t afford heating in winter because your pension is stretched so thin you should never let your kids inheritance play a role in deciding whether or not to access that hard earned equity to pay for basic necessities That guardian article was uninformed dross pandering to the public s insatiable appetite for corporate mischief impacting the elderly If that woman didn t understand the product that s on the solicitor who provided independent legal advice Enjoy your later years get a homesafe wealth release go on a holiday or something If your kids are half decent human beings they ll value your happiness much more than money
BB
6727 reviews
N/A
5 months ago
This is a great product for asset rich parents that have limited income
This is a great product and was a worthwhile consideration for my parents who had assets but low cash flow Staff are extremely informative and professional who handled all my families questions through a complex product I found the whole process to be a lengthy however all the consultants are very trustworthy and the end outcome was a good one for my parents