Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's update includes: LV= provide guidance on which clients could benefit from taking out a lifetime mortgage Pure Retirement issue [...]

Chorley Building Society offers a flexible approach to Later Life Lending After listening to feedback from brokers, we knew it was important to support borrowers by offering them a range of products that met their requirements for all stages of their life cycle with increasing demand to recognise their life needs. Our product range [...]

Livemore, helping the borrowers’ other lenders can’t reach To many mortgage brokers, interest only mortgages for the over 50s is still an unfamiliar product. In this article, our Sales Managing Director, Alison Pallett tries to change the misconceptions surrounding RIO mortgages and give some helpful advice. RIO - how exactly does it help? Well [...]

On Friday 21st January, we are increasing the interest rates across the entire Just for you Lifetime Mortgage range. J1 Interest rates are shown without cash facility loading or interest servicing reductions Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER 0% £0 £10,000 55-85 3.80% 3.87% 2% £0 £10,000 [...]

Family building Society: We Lend in Retirement Download the full update

Paul Carter, CEO:  It’s been heartening to see encouraging Q3 figures emerge from the Equity Release Council recently, confirming that the market has once again hit pre-pandemic levels, and that the market in 2021 was likely to surpass £4bn of lending. But it can only continue to grow if advisers have ready access to [...]

With effect from Tuesday 18th January, we’re making the following changes to our Lifetime Mortgage Products. We’re increasing rates on:  Lifetime Mortgage Drawdown+  Lifetime Mortgage Lump Sum+ Where a KFI has been generated on the lower rates, DIPs must be submitted by 12:00 midday, Monday 31st January with applications fully submitted by 12:00 Midday, [...]

Online application and role management now available on Just Adviser portal More functionality added to JustAdviser portal to help registered users work as efficiently as possible: Online application – submit Just For You Lifetime Mortgage applications online 24/7 Role management – so paraplaners and support staff can produce KFIs or submit applications for an [...]

Virtual health and wellbeing support with WeCare Customers across our home finance products now have access to WeCare, a range of health and wellbeing services available from the comfort of their homes – all provided confidentially and for no cost. Read the full WeCare update

The appeal of lifetime mortgages is increasing. Whatever your client’s situation, we have something that could help. LV= has created a series of customer personas* to help bring to life the range of individuals and their circumstances that might suit our lifetime mortgage products. Over the next few months, we’ll focus on one or [...]