Can ‘reverse home loan’ help to continue paying rest home invoices? “Homeowners with incomes below 2,000 euros can disappear from poverty figures” | News

Is the ‘reverse home loan’ the solution for those who choke on the high bills for a room in a residential care centre? “It is in any case a wrong idea that your pension should fully cover the costs,” says Johan Staes, CEO of the Flemish Care Network, who puts the system back on the table. What is such a reverse home loan? How can it increase my pension? And what conditions are attached to it?

Sven Spoormaker

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