Our Partners

HomeEquityRelease.co.nz brings together the people and providers you need to make a confident decision about releasing equity from your home — the licensed adviser who gives you advice, and the lenders who provide the reverse mortgage.

Your adviser: Evolve Group Limited

This website is operated by Evolve Group Limited (FSP711891), a licensed Financial Advice Provider regulated by the Financial Markets Authority (FMA). Evolve’s licensed advisers provide the personalised financial advice — comparing your options, checking your eligibility, and giving recommendations in writing. When you enquire through this site, an Evolve adviser is who gets in touch.

Evolve may receive commission from a lender when you take out a reverse mortgage. Evolve does not receive volume-based or sales-target-based payments, and provides all recommendations in writing.

The lenders we compare

In New Zealand, reverse mortgages are provided by two specialist lenders. The major trading banks do not currently offer one. We compare both, using each lender’s own published figures.

Heartland Bank

Provides the Heartland Reverse Mortgage to NZ homeowners, typically aged 60+.

SBS Bank

Provides the SBS Unwind Reverse Equity Mortgage to NZ homeowners aged 60+.

See the full Heartland vs SBS comparison, or read why the major banks don’t offer reverse mortgages. The reverse mortgage product itself is issued by the lender; Evolve acts as your adviser, not the lender.

Independent legal advice

Before a reverse mortgage can settle in New Zealand, you must obtain independent legal advice from your own lawyer. This is a protection for you — your lawyer confirms you understand the loan and how it affects your home and estate.