“Furthermore, as there are no ongoing fees and charges with a Homesafe contract, this additional benefit will provide some relief to those customers who need to make a decision today, in order to provide some peace of mind into the future,” Shepherd said. “A significant proportion of wealth for older homeowners has accumulated in the home they live in. “It is not uncommon for retirees to draw on this asset to improve standards of living, to pay out a mortgage, or to provide an additional source of funds to support ageing at home. “For over 16 years, the Homesafe Wealth Release solution has provided a debt-free alternative for older homeowners to use the wealth built up in their homes, without going back into debt or needing to sell the home.”