


What records should my family keep regarding the sale of the property and repayment of the equity release loan?
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equity release what happens on death
- What types of equity release plans are there, and do they have different implications upon death?
- What if the equity release plan has a penalty clause for breaches of the terms and conditions?
- What if I have created a detailed inventory of the contents of my property and specified who should inherit them?
- Would my estate be obligated to proceed with the plan?
- Are there any central registers of equity release plans?
- What if the equity release plan has a clause relating to improvements or alterations that require the provider's consent?
- What if the equity release plan has a cash reserve facility that I have not fully used?
- How is the total amount owed calculated upon my death?
- What if the equity release plan was taken out a very long time ago, and the original paperwork is no longer available?
- What if I took out the equity release a long time ago, and interest rates have changed significantly?
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