Frequently Asked Questions


What if I have a mortgage or other outstanding debt secured against my home?

If you have a mortgage or any other lien secured against the property, this must be paid off either prior to, or through the proceeds of, the equity release. EquiKey can help facilitate this during the equity release process.

Am I still the legal owner of my home after the equity release?

Yes, you remain the title holder of the property until you decide to sell, pass away or move into aged care, at which time the proceeds from the sale of of the property are shared commensurately between you and the other share owner.

Can I make renovations to my home after the equity release?

Yes, you can make renovations and cosmetic upgrades to your property. However, you must request approval from EquiKey in order to make any structural alterations or additions to the property; in such case investor’s consent will be sought within 14 days of the date of the request.

Can I buy back equity in my property at a later date?

If you would like to buy back some or all of the equity in your property please contact us and we will facilitate this where we can.

Can I release more equity in my property, after doing an initial equity release?

Yes, you can release up to a cumulative total of 90% equity in your property. However, during our initial consultation we will cover all bases so unless something unforeseen happens, you shouldn't have to double dip!

What happens if I die before my Partner... Will they be forced to move out?

No. So long as your partner is a legal tenant of the property they will not be asked to leave or sell the property. We will double check this in our initial consultation and facilitate any changes to the title deed if so desired. 





Can I commission my own survey before I purchase?

No, but we can provide you with a copy of the valuation report upon request. 

Will I receive rental income?

No, as EquiKey is a debt-free product homeowners do not pay rent. However, they are responsible for all maintenance and insurance costs until the end of the investment.

Can I sell my interest in the property at anytime?

Yes, you’re free to sell your investment at anytime. You’ll need to ensure that you adhere to the terms set out in the contract, as will the purchaser of your investment. EquiKey can also help to revalue and facilitate the sale of this interest.

How do I know when the Homeowner or Homeowner's estate has sold the property?

With your EquiKey life membership, you can choose how often you would like us to update you on the status of home(s) you’ve bought into. 

What additional benefits do I get with an EquiKey membership?

We update you, at your discretion, on the status of the home(s) you’ve bought into. We give you more detailed information on available properties and you're the first to hear about upcoming properties not yet listed. You can also let us know if you’re looking for a specific type of home, or in a particular area and we can curate properties that match these preferences.

What if the property market takes a downturn?

Whilst the amount you pay compared to the market value of the share of the property is designed to accurately reflect longevity risk and mitigate any potential downturns in the real estate market, this is an external factor which we cannot control and thus should be considered before buying.