Do repayments need to be made on the loan?
Loan repayments must continue to be made on all jointly owned loans unless you request and we agree to a deferral of repayments. We will often agree to defer repayments to allow time to sell any secured property or to allow time for the estate to be administered.
We do recommend you seek legal advice prior to making any voluntary repayments during this time on any loans held solely in the name of the deceased.