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COTA Survey - Reverse Mortgages

    Council on the Ageing (Victoria)
    cotavic@cotavic.org.au
    Copyright 2006 Council on the Ageing
    All rights reserved.

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COTA Project on Reverse Mortgages and Older People’s Credit Options

Reverse Mortgages Report  -  Full Report   -   Executive Summary

COTA Media Release - Reverse Mortgages. Here

Please contact Debra Parnell by email to policy@cotavic.org.au or phone on 9655 2106 if you would like more information.

COTA was funded through the Consumer Credit fund to undertake a project looking at credit options and information targeting older people, with a specific focus on the uptake and attitude towards reverse mortgages.

The Project objectives were

  • To examine people’s level of understanding of home equity release products.
  • To identify the factors that influence people’s decision to take enter into a particular home equity release option.
  • To examine the reasons why older people are taking up, or considering home equity release products.
  • To produce a report on the findings of this research project and to disseminate the findings through COTA News to older Victorians and to industry players in the credit industry.
  • To generate some media publicity about the findings of the research project in the popular media.


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