RBS announces ABN AMRO's Reverse Mortgage completes hat-trick of awards

08 December 2008

RBS has announced that ABN AMRO's Reverse Mortgage has won the 2009 Money magazine Gold Award for the third consecutive year. This hat-trick of awards is in recognition of the consistent high quality of the product, which has helped it become the market leader in Australia.

Martin Lynch, Head of Reverse Mortgages for ABN AMRO and Chairman of SEQUAL said, "We are delighted to receive this prestigious industry award for the third year running as it reflects the high quality of the product we have established."

"Taking out a Reverse Mortgage is a big decision for retirees, so it is important that they can have confidence in the long term quality of the product."

The award criteria are based on a combination of features and rates. Our reverse mortgage has numerous innovative features, with the Line of Credit option being particularly popular. Regularly referred to as the "rainy day facility", it provides customers peace of mind by being there when they need it but with no ongoing fees or interest if they don't. As a customer explained in a letter to the company this week, "This is a great help to me to be able to look after myself and not lose my independence."

Since its launch three years ago, our product has been the most awarded reverse mortgage in Australia. Both industry experts and customers alike have recognised and acclaimed the blend of flexibility, low fees, great rates and security.

For more information about ABN AMRO Reverse Mortgages call 1800 99 99 59 or contact us.