Customers Steve and Jenny use their home equity to renovate their home

Fiona Navarro, our retirement specialist, chats to Channel 10 Host Kate about the impact that Covid and other influences, such as the Aged Care Royal Commission, have reinforced the fact that Australians want to live well at home for as many of their retirement years as possible. And, our Customers Jenny and Steve express how accessing their home equity for home renovations was a straightforward process that enabled them to live a very comfortable lifestyle.

Transcription

Kate: 

Good morning!

Now it’s been a challenging couple of years for everyone, especially for Australia’s retirees. They’ve been separated from loved ones, forced into isolation and maybe had health and financial worries to keep them awake at night.

Fiona, Household Capital chats to retirees all the time, how are they coping with lockdowns and life in general?

Fiona:

Kate, lovely to see you. Despite the pandemic, retirees have still been able to take control of their future.

We’ve seen a noticeable trend: the increased importance of that place called home.

Whether by choice or government decree, retirees are spending a lot more time at home. It’s become their sanctuary, their safe place.

Covid and other influences, such as the Aged Care Royal Commission, have reinforced the fact that Australians want to live well at home for as many of their retirement years as possible.

Kate:

So how can Household Capital help retirees remain in their home?

Fiona:

Retired Australians can use the wealth in their home, their household capital, to improve their retirement funding.

We provide retirees with flexibility and choice to make decisions about their retirement lifestyle. 

We’ve helped hundreds of retirees modify or renovate their homes to be retirement ready.

It’s all about comfort, functionality for age, and health – a lot of modifications help older Australians retain their independence.

Kate:

Ok, let’s take a listen to Steve and Jenny in Cronulla. They love their beachside home and decided to use their home equity to renovate indoors and out, so they can live happily at home for years to come.

Customer Testimonial - Jenny and Steve 

Steve:

Household Capital, fantastic. They've got a terrific product which enabled us to pull the equity out of our home and use it to live in a very comfortable style. Since we've had the renovation done, the quality of life we've enjoyed here has been enhanced significantly.

Jenny:

We have so much more light, and it's a really great space to be in.

Steve:

With the loan from Household Capital, the money's already there. The money's in the house. All you're doing is accessing it.

Jenny:

The whole process with Household Capital was so simple, straightforward, and it was a pleasure to get to know the people at Household Capital.

Steve:

The experience with Household Capital was fantastic.

Kate:

What a lovely couple! And you obviously got to have a chat with them as well. And it’s a beautiful renovation - and a lovely story too. So, there’s no doubt, to Australians, their home is their castle.

Fiona: 

That’s so true. Many of our customers want to make their home retirement ready.

For some, it’s a paint job or creating an outdoor area to soak up the sun. For others, like Steve and Jenny, it’s a major reno. 

Kate, it’s important to remember, renovations will generally increase the value of the property, so it’s a great way for retirees to utilise their home equity.

Kate:

Good point Fiona – that makes a lot of sense.  So, how does it all work?

Fiona:

It’s an easy three step process.

First, you can use our simple online calculator to check eligibility and see how much equity you could potentially access.

The second step is a zoom meeting with one of our retirement specialists. Personal, one-on-one service is really important to us. 

The third step is the application process and there’s always someone available to help along the way.

Kate:

Great, the simpler the better.  What sets Household Capital apart?

Fiona:

We offer a consistently low interest rate – which means our customers can access more of their home equity during retirement.

That comes with personalised service and a focus on responsible lending – we want to help people meet their long-term retirement funding needs.

Australians should feel safe in their home. And we want them to feel safe in their retirement too.

Kate:

Fiona thanks so much for coming in again, it’s always lovely to see you.

Your home can be both the best place to live and the right way to fund your retirement.

Have a think about what would help you live well at home – then contact household capital.

Go online to householdcapital.com.au

To try out that calculator or call 1300 282 960.

Thanks Again Fiona.

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