The Home Equity Access Scheme (previously the Pension Loan Scheme) | Law for Community Workers

Peter Thompson, Financial Counsellor at Financial Rights Legal Centre introduces the Home Equity Access Scheme (HEAS), and discuss who is eligible, how it might be helpful for a client and why it is different from a reverse mortgage.
Using worked examples and scenarios, Peter explains why this option is something that all caseworkers should be aware of should their clients fall into the eligible demographic.
This presentation is relevant to any caseworker working with a person on the DPS, a Carer’s Pension or the Aged Pension and who also own or have equity in their own home.
This video is general information only and cannot be relied on as legal advice. The information is accurate at the time of posting but may have changed. If you need assistance about a particular situation, contact our team at LawAccess NSW via webchat at www.legalaid.nsw.gov.au or call 1300 888 529.
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