The rising cost of living is driving a surge in enquiries about Reverse Mortgages, according to the leading service provider in the equity release market. In response, Seniors First is conducting a free online event to help educate people over 60 on strategies for overcoming the effects of inflation.
"Over the last six months we have received a record number of enquiries from people who are struggling with cost-of-living pressures," said Darren Moffatt, the CEO of Reverse Mortgage broker Seniors First.
"Good information on using Reverse Mortgages as a solution to this problem is hard to find. So, we are running our first ever webinar to fill the void."
The online webinar aims to educate the growing number of people over 60 years who are curious about Reverse Mortgages, but who are uncertain if it's the right solution for them.
"Our primary goal is to provide Australian seniors with the information, ideas, and solutions they need to navigate the challenges of rising costs and maintain their quality of life," said Darren Moffatt, CEO of Seniors First. "We believe that knowledge is power, and by hosting this free webinar, we aim to give seniors the tools they need to make the best choices for their unique circumstances."
The event will be held online at 10am on Friday May 26th. It will reveal various coping strategies to manage the impact of inflation on the lifestyle of Australian seniors, including both borrowing and non-borrowing options.
"It's our firm view that debt-based products are not the first, or only answer. However, for some people they are part of the solution.
"The webinar will examine all the methods we are seeing people adopt in this challenging environment. Very often they are practical steps that do not involve borrowing money at all."
Participants will also gain a deeper understanding of how Reverse Mortgages work, and how they can provide relief from the financial stress many seniors currently face. The webinar is designed to educate and empower seniors to make informed decisions about their financial future.
"For those who do choose to release home equity through a Reverse Mortgage, it's important to understand all the pros and the cons.
"Our webinar will cover this, but we'll also be revealing the steps that people can take to reduce long-term interest cost and to preserve home equity."
In addition to providing valuable information on Reverse Mortgages, the webinar will offer attendees the opportunity to ask questions and engage with industry experts. This interactive format ensures that all participants have their concerns addressed and walk away with a clearer understanding of their options.
To register for the free webinar on "How Reverse Mortgage can help over 60's with cost of living", please visit SeniorsFirst.com.au Spots are limited, so interested parties are encouraged to secure their place as soon as possible.
Key Facts:
· Interest in Reverse Mortgage surging due to cost-of-living pressures affecting over 60's
· Information on how to use Reverse Mortgages safely for cost of living is hard to find
· The free webinar "How Reverse Mortgage can help over 60's with cost of living" will be held on Friday May 26th, at 10 am
About us:
Seniors First is Australia's leading specialist Reverse Mortgage broker. Since 2006 the company has helped 3,000+ older borrowers release home equity safely, through reputable and recognized reverse mortgage lenders. The company has a team of fifteen, with offices in Sydney, Melbourne, and Brisbane.
Seniors First is famously a 'pro-customer' and is proud of the time we invest in educating seniors on home equity release options. The company's free guide, 'Reverse Mortgage Secrets' has been
