At LV=, they understand that people’s circumstances change, especially in later life, that’s why they want to offer your equity release clients more freedom to manage the interest roll-up on their lifetime mortgage.
They are delighted to announce the recent enhancements they have made to their 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, they have also reduced the minimum repayment amount to just £250.
*This change applies to new Lifetime Mortgage Lump Sum+ customers only.
LV= Equity Release clients get value added benefits worth up to £1,250 a year depending on the services used.
Your clients can access their 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:
**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.