What Happens to Equity Release When You Die?
When a homeowner dies, the equity release loan is usually repaid by selling the home. Learn what options families have and how equity release works after death.
When a homeowner dies, the equity release loan is usually repaid by selling the home. Learn what options families have and how equity release works after death.
In this guide for Windsor homeowners, we answer a common question: if I have an Equity Release plan, can I still sell my home later?
Equity release comes with risks and is not for everyone, but for some homeowners in Windsor, it can provide much-needed financial flexibility. Weighing the risks against the benefits is crucial before making a decision.
Industry expert Richard Jeremiah-Clarke BA (Hons), CeMap, CeRER, DipFa advised that it typically takes around six to eight weeks, and he provides insight into the current process.
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