Client understands an equity release loan
Edited
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”
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