Client understands an equity release loan
Updated
Client understands an equity release loan is a Driver of Elevation Goal 3: Safeguarding clients’ best interests, mitigating risk
Data based on responses to the following question, asked in the Verified review form
"Who will own the house after you move into long term care or pass away?"
Possible responses
- After the mortgage is covered, any remaining value in the house will go to the beneficiaries in my will
- The entire value of the house will go to the beneficiaries in my will
- The home reversion company will own part or all of the house
- Not sure
Client understands an equity release loan Score
Proportion of respondents not answering “Not sure”
