Question 1

What is an Unlocked Equity Agreement?

Accepted Answer

An Unlocked Equity Agreement allows Australian homeowners aged 60 or older to receive regular monthly cash payments of up to $50,000 per year, funded by an agreed share of their home's future sale proceeds. You remain the 100% legal owner of your property throughout the agreement. There is no debt, no interest charges, and no monthly repayments.

Question 2

Who is eligible for an Unlocked Equity Agreement?

Accepted Answer

You must be aged 60 or older, an Australian resident, living in NSW, ACT, Victoria or Queensland, and own your home outright. The property must be a freestanding house or property of less than one hectare.

Question 3

How does Unlocked Equity compare to a reverse mortgage?

Accepted Answer

Unlike a reverse mortgage, an Unlocked Equity Agreement is not a debt product. You do not borrow money or accrue interest. Instead, you agree upfront on a specific percentage of your home's future sale proceeds. This means the total amount is predictable from day one, with no compounding interest.

Question 4

Does Unlocked Equity affect my Age Pension?

Accepted Answer

An Unlocked Equity Agreement has been designed to complement your Age Pension. Whether it affects your individual entitlement depends on your personal circumstances. We recommend seeking independent advice from Centrelink or a financial adviser before proceeding.

Question 5

Can I stay living in my home?

Accepted Answer

Yes. You remain the 100% legal owner of your property and can continue living in your home for as long as you choose. Unlocked Equity cannot force you to sell or leave your home.

Question 6

What is the maximum equity I can release?

Accepted Answer

Unlocked Equity can never claim more than the maximum share of equity you have agreed to release, which is capped at a maximum of 55% of your property's equity. You choose the cap upfront and it is locked into your agreement.

Contact Us

Book Your Free Consultation

Call Type

Select Date

June 2026

Choose Consultant

Select Time

Your Details