When an equity release plan holder dies, the property is sold by the estate and the outstanding loan plus rolled-up interest is repaid to the lender. Any remaining proceeds pass to beneficiaries. Equity Release Council members guarantee no-negative-equity, so beneficiaries will never owe more than the property sale price. Probate is required before the property can be sold. The process typically takes 6 to 12 months (Equity Release Council, FCA, gov.uk, 2026). |
How Does Equity Release Work When You DieEquity release is the umbrella term for a group of products that allow homeowners aged 55 or over to release cash from their home without selling it or... 
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