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Your home will usually be sold, and the loan plus any interest is repaid from the sale proceeds. Anything left goes to your beneficiaries. However, if there are two of you on the plan, nothing is repaid until the last applicant dies or moves into care.
Andy Wilson Financial Services Ltd is registered in England No. 07547809. Registered Office: Landmark House, 1 Riseholme Road, Lincoln, LN1 3SN.
Andy Wilson Financial Services is a trading name of Andy Wilson Financial Services Ltd, an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.
The guidance and /or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
