Here at LV=, we understand that people’s circumstances change, especially in later life, that’s why we want to offer your equity release clients more freedom to manage the interest roll-up on their lifetime mortgage.
We’re delighted to announce the recent enhancements we’ve made to our flexible repayment option for Lifetime Mortgage Lump Sum+. Once the lifetime mortgage has been running for 12 months, LV= can accept up to 6 repayments per year totalling up to 10% of the original loan advance, free of early repayment charge.
What’s more, we’ve also reduced the minimum repayment amount to just £250.
*This change applies to new Lifetime Mortgage Lump Sum+ customers only.
To download our new Terms & Conditions, please click here.
More reasons to choose LV=
LV= Equity Release clients get value added benefits worth up to £1,250 a year depending on the services used.
Your clients can access our LV= Doctor Services added value benefit, which gives them fantastic medical support, that’s quick and convenient directly from their smartphone.
With LV= Doctor Services, your clients can benefit from:
- Remote GP
- Prescription Services
- Second Opinion
- Remote Physiotherapy
- Remote Psychological Services
- Discounted health MOTs
**LV= Doctor Services is a non-contractual benefit and may be changed or removed at anytime. LV= Doctor Services is provided by Square Health Limited. This service is not authorised or regulated by the Financial Conduct Authority or the Prudential Regulation Authority.
To find out more visit our website here.
