We can conduct a Home Eligibility Assessment to review whether your home passes the pre-qualification review. This does not mean that you are automatically approved, nor does it mean you’re rejected.

We recommend completing the pre-qualification check even if you feel your house may not qualify, as the pre-qualification parameters may change in the future and we would be able to notify you.

 

Location: Unfortunately, not all areas fall within our pre-qualified criteria. While we do go beyond the main centres, we cannot, at this stage, cover all areas.

 

Category: Currently we only accept standalone residential dwellings. This means apartments, townhouses, and flats are not pre-qualified.

 

Title: Currently we only accept free-hold titles.

 

Lease: Currently we do not accept leaseholds or crossleases. 

 

Mortgage: We do not accept homes with a mortgage.

 

Insurance: The property must be adequately insured and remain so for the duration of the Agreement.

 

Owner-Occupier: The property must be your primary residence and you are registered on the title.

 

Minimum Age: You (and your partner) must be over the age of 70.

*Regardless of the criteria, Lifetime may accept or refuse any applications in its sole discretion.