The alternative of staying at home and drawing down on the equity in your home is evaporating for many, as the number of reverse mortgage funders declines in line with increasing uncertainty on home values. The 22 reverse mortgage suppliers is now reported to be down to less than ten. This has led to the rating firm Canstar Cannex that has specialized in grading reverse mortgages to abandon this service.
The Weekly SOURCE
LDK takes care into the community: Amberfield’s Stage 2 sets a new template
LDK Seniors’ Living is taking care into new territory – literally inviting the neighbourhood in. At a media event marking Stage 2 at Amberfield in Yarralumla, 3.5km south-west of Canberra’s CBD, General Manager Sales and Marketing Craig Flett drew applause as he described how LDK’s model is blurring the line between village and community.