The inverted mortgage market is growing. Mortgage funds paid customers in 2024 PLN 6.99 million for lifetime pensions – according to the latest report of the Association of Financial Enterprises in Poland (ZPF). This is an increase of 46.5 percent compared to the previous year. The cumulative payout value has already exceeded PLN 41.2 million.
An inverted mortgage, or a lifetime pension, is a financial model in which seniors in exchange for the transfer of property ownership to a financial institution receive a monthly benefit and a guarantee of lifetime residence in their premises. ZPF data shows that this solution enjoys growing popularity, especially among people aged 75-80 – the average age of customers in 2024 was 76.7 years.
The average value of real estate transferred to mortgage funds in 2024 amounted to 468.9 thousand. PLN, with an average size of 51.4 sq m. The total value of real estate managed by funds at the end of the year reached PLN 189 million, which means an increase of 19.2 percent. year on year.
Perpetuity. How much is? Monthly amount
“The amount of the benefit received by the senior depends on many factors, such as the age or value of the property. In 2024, the average monthly payment from a lifetime was about 40 % ZPF analysis.
An inverted mortgage may be a response to the need for an additional source of income for seniors, especially in the context of insufficient retirement savings. However, its popularity still remains limited, and the decision to use this solution requires accurate consideration of all pros and cons.
Data from a study conducted by ZPF and the SGH Economic Development Institute show that only 17.2 percent. He saves Poles for future retirement. For comparison, a larger percentage of respondents declares to put off money for rest (37.4 percent), renovation of the apartment (29.5 percent) or the purchase of a car (19.9 percent).
It is worth noting, however, that saving for retirement is gaining in importance – in 2008, only 2.5 percent were made of such a declaration. Poles, and ten years ago it was 4.4 percent.
