Lifetime Home.A reverse mortgage alternative.

Access some of the value in your mortgage-free home without taking on debt or interest, with Lifetime Home.

Receive regular payments to help with day-to-day living, while you continue enjoying retirement in the home you love.

  

With a 10-year Lifetime Home Agreement, you know from the outset that Lifetime will only ever own up to 35% of your home.

Reverse mortgage

Debt

100%

security taken by the bank

The bank lends money and charges interest
Interest compounds year after year
Interest rates swing because they are not fixed

Lifetime Home

Equity

up to 35%

of the home could be owned by Lifetime Home

We buy a share of the home, at a discount, instead of lending
No compounding interest
You always know what portion of the home you keep

 

 

There is certainty and transparency over the equity you retain from the outset.

After 1 year

96.5% owned by you 3.5% owned by Lifetime

After 10 years

65% owned by you 35% owned by Lifetime

After 13 years (on a 10-year agreement)

65% owned by you 35% owned by Lifetime

After 10 years

While the payments may stop after 10 years, you can keep living in your home for as long as you choose – and it’s safe to do so.

Or you may choose to extend your payments for an additional five years, to a maximum of 50% equity owned by Lifetime Home.

 

 

Lifetime Home Fundamentals

Minimum age

70+

Most clients start in their mid‑70s

Term

1–15 years

Up to 10 years, plus up to 5 more

Value sold each year

up to 3.5%

$35,000 on a $1m home

Value paid each year

2.5%

$22,700 after ongoing fees, on a $1m home

Value paid each fortnight on top of NZ Super

$873

on a $1m home

Clients stay in control. We commit to buying 3.5% a year for ten years, but the client can stop at any time with no penalties. Lifetime will never own more than 50% of the home.

Live in your home for as long as you choose – and it’s safe to do so.

Learn about Lifetime Home’s costs and fees →

 

 

Unlock the potential of your home.

Request an information pack today.

Get a free Lifetime Home Info Pack →