Lump Sum+ Lifetime Mortgage
  • Lump Sum+ Lifetime Mortgage
  • : 3.03%
    : 3.10%
    :
    : Free Valuation | Free Application | Free Valuation Offer | Fixed Early Repayment Charges | 3 Year NO ERC Feature* | 10%pa Voluntary Repayment Allowance | Downsizing Protection Feature
  • Minimum age 60
  • Minimum initial lump sum of £10,000
  • Acceptable Property Locations – England, Wales & Scotland
  • Minimum property value – £100,000
  • Maximum release available is £1m
  • 10 Year Fixed Early Repayment Charges – 5% for 5 years the 3% for 3 years
  • Voluntary payments allowed each year based on 10% of the original amount borrowed
  • Downsizing Protection – allows homeowners to repay their scheme should the house they move to, not meet LV=’s lending criteria
  • 3 Year Repayment Option for Survivor on Death/Long Term Care of Partner
  • Free House Valuation upto £1.5m
  • £0 application fee on loans over £50,000, £595 fee applies on loans under £50,000