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Home » News » News » LV= reduces rates on Equity Release loans under £500,000

From 10th May 2018, LV introduces new rates for their Lifetime Mortgage Lump Sum+ product. All rates for loans up to £500,000 have been reduced.

LV’s Lifetime Mortgage Lump Sum+ offers the following features:

  • 10% early repayment charge (ERC) free repayment each year (following the first anniversary)*
  • Downsize protection*.
  • Fixed ERCs ending after 10 years.
  • ERC free repayment within 3 years of first death (joint life mortgage)

(* Terms and conditions apply)

If you are interested in this product or would like more information call us on 01223 329666 for a no obligation chat.

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We are proud to be members of the Equity Release Council, the NACFB, Air Later Life Academy and the National Skills Academy

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