Everything a person owns and owes when they die. The property sale proceeds, loan balance, interest, fees and other debts affect what may remain for beneficiaries.
Everything a person owns and owes when they die. The property sale proceeds, loan balance, interest, fees and other debts affect what may remain for beneficiaries.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
This is a plain-language explanation of how the term is commonly used in the UK. It carries no source key because it makes no regulatory, product or property claim that needs one. It does not override a provider’s offer, your mortgage conditions, a solicitor’s advice or a regulator’s rules.
Checked 7 September 2026. The whole vocabulary sits on one page, so you can look up two words in the same sentence without going anywhere: see this entry in the full glossary.
Equity release and what you leave behind
See the effect on your estate as a figure, and know what to tell your family.
Read the guide called Equity release and what you leave behind →Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
These guides use the term. Each line is quoted from the page it links to.
““The product must have a NNEG so that, provided the secured property is sold for the best price reasonably obtainable and the terms and conditions of the loan have been met, the borrower or estate will never owe more than the property is worth, after deduction of reasonable sales costs.”
Lifetime mortgages: the five protections →“The mandatory wording says equity release will reduce the value of your estate.”
Equity release and what you leave behind →“Stamp duty, estate agent fees as a percentage of the sale price, two sets of legal work because you are selling and buying, removals, and the cost that never appears in anybody calculation: carpets, curtains, decorating and a different kitchen.”
Equity release or downsizing: the trade, framed →“Somebody with no family and a small estate reads that second one very differently from somebody with three children and a house they meant to pass on.”
The risks of equity release, with the numbers →“They go through your circumstances, the alternatives, the effect on benefits and on your estate, and whether it is right at all.”
How equity release works, step by step →“The no-negative-equity guarantee means your estate can never owe more than the property is worth.”
The no-negative-equity guarantee, and its conditions →Each of these either appears in the definition above, or names this term in its own.
Short answers to the things that come up most. None of it is advice, and every figure on this page carries its source.
Everything a person owns and owes when they die. The property sale proceeds, loan balance, interest, fees and other debts affect what may remain for beneficiaries.
It is a plain-language explanation of how the term is commonly used in the UK. It carries no source key because it makes no regulatory, product or property claim that would need one, and it does not override a provider's offer, the conditions of a plan you hold, or advice from your solicitor.
On the guide "Equity release and what you leave behind", which helps you see the effect on your estate as a figure, and know what to tell your family. A glossary entry explains a word. The guide works through what it actually means for a decision, with its sources and the date each was checked.
No. There is nothing on this page to fill in and nothing is collected by reading it. Looking up what a word means is not a decision, and we are not able to advise you about your own circumstances in any case.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
One qualified equity release adviser. They will go through your figures and tell you if there is a better answer. It costs nothing and commits you to nothing.
Google Analytics, Microsoft Clarity and Vimeo. Say no and none of them loads. What each one stores, and what Microsoft use theirs for.