TMM - News
Ageing population behind reverse mortgage rise, says Heartland

Wednesday 21st of February 2018
An ageing demographic in New Zealand is contributing to a rise in equity release products, according to Jeff Greenslade, the chief executive of Heartland Bank, after the lender noted a sharp rise in reverse mortgages in the six months to December.
Greenslade, speaking after Heartland’s half year update to the NZX, said retirement-age customers were increasingly turning to reverse mortgag...
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