Who is a real estate pension scheme suitable for?

A real estate pension scheme is suitable for retirees who would like to live in their home for as long as possible, but only receive a small pension income. A real estate pension also ensures that a surviving spouse can remain in their own home. After the death of a spouse, banks usually check whether the affordability requirements are still met given the lower pension income. This is not necessary with a real estate pension because all the interest has already been paid in advance until the end of the mortgage term.