

If I had the option to make partial repayments but did not, can my estate still do so after my death before the final settlement?
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equity release what happens on death
- Does interest accrue on each advance separately?
- What records should my family keep regarding the sale of the property and repayment of the equity release loan?
- What questions should my family ask a solicitor regarding the equity release plan?
- If my family wants to keep the property, how do they repay the equity release loan?
- Will the provider inform my estate of any relevant new schemes or initiatives?
- Are there any equity release plans that cease upon death without the need for property sale?
- Is there a limit to how much the interest rate can increase?
- If the property value increased during my lifetime but I did not access further funds, can my estate do so after my death?
- What are the implications if my estate cannot afford the costs associated with selling the property?
- Does this affect the obligation to repay the loan?
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