Home Equity Access Scheme
Question
Senator RUSTON: How many people who seek this-do you have to solely own the property to be able to get access to the scheme? Mr Flavel: Well, I think, going back to what I said before about retirement villages, you have to have the piece of paper that signifies you've got an underlying ownership in the underlying land. Senator RUSTON: But you could own that in conjunction with your children or your wife or husband or whoever? Mr Flavel: I will check on this-
Answer
Please see attached answer.
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