LV= reduces rates on Equity Release loans under £500,000
May 14th, 2018
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.