What if I remarried after taking out the plan as a single person?

... happens to equity release on death. Here we explain: How does equity release work when you die? Equity release and your Will; How does equity release affect ... Equity release is a type of mortgage that lets you access the money tied up in the value of your home. You can choose to make repayments and keep living in ... Subscribe below to receive updates about the release of the next health equity report. ... Vital records, including birth, death, adoption, marriage and ... Aug 21, 2024 ... Home reversion equity release: what happens on death? While, as outlined above, it's possible to avoid the sale of a property when repaying ... May 5, 2021 ... One of the original homeowners on the equity loan must stay the same until the equity loan is repaid in full. ... Births, death, marriages and ... Jan 8, 2014 ... The answer is yes and no. The liens stay with the property. As long as you stay there they have to be paid. But if the property goes into ... If the only policyholder dies, the mortgage will usually be paid back from the sale of the property. Aviva Equity Release – Mortgages will contact you if they ... Your property needs to be held in the name of the person applying for the equity release loan. ... happen next. You should prepare for additional costs if ... Feb 13, 2018 ... ... death they had to pay back something like 60k from the sale of the property. Im worried that nobody will notify the equity release company ... If your plan is in joint names, then your partner will be able to continue living in the property under the same terms.