You remain in your property for life provided the property remains your primary residence.
Depending on how long the loan is in place will determine how much interest will accrue.
When you die or go into long term care your home will be sold and the money will be used to repay the equity release agreement.
Anything this is left over will go to your beneficiaries.
You have the right to move your plan to another suitable property without any financial penalty.
You will never owe more than the value of your home and no debt will ever be left to your estate.
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