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Legal and General Home Finance


Legal & General Home Finance

Legal & General Home Finance is leading innovation across the later life market to help people have a more colourful retirement.


Almost a quarter of equity release customers choose LGHF, making it one of the largest lifetime mortgage lenders in the UK. It has lent over £3bn in total, developing customer-led solutions that offer flexibility and choice. The business is part of the Legal & General Group. Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor.

Why consider LGHF for Equity Release?

Key features of LGHF’s Lifetime Mortgages:

  • Easy digital application – Apply entirely online and get a valuation quickly.
  • No Negative Equity Guarantee – Never pay back more than the property is sold for, as long as it’s sold at the best price reasonably obtainable.
  • Compassionate Repayment Feature – Joint policy holders pay no Early Repayment Charge if the loan is repaid by the remaining borrower within three years of the death or entry into care of the other borrower.
  • Optional Inheritance Protection – Ensure there’ll be equity left for beneficiaries. Subject to terms and conditions.
  • Optional Partial Repayment –  Repay up to 10% of the loan each year without any Early Repayment Charges. Subject to terms and conditions.
  • Drawdown facility – Release some cash at the outset and borrow more later from the remaining amount (min £2000 and not available on our Income Lifetime Mortgage). Subject to terms and conditions.

LGHF’s new Retirement Interest Only Mortgage

Legal & General’s Retirement Interest Only Mortgage (or RIO) is an interest-only mortgage with a fixed interest rate for life. If your client’s existing interest-only mortgage is coming to an end, they could use the RIO to pay the outstanding balance and stay in the home they love.

Some people even choose to borrow extra cash to buy a new home – or just do more of the things they love in retirement. It’s important to note that clients must make monthly interest payments – as a last resort, your client’s home may be repossessed if they do not keep up with payments.

ER Registration process

To start advising, register with LGHF using their KFI portal and for your welcome email and unique setup password – this should take around 24 hours

Once you have received this you can login to the KFI portal and familiarise yourself with the different services available.

Don’t forget, upon each case submission you should select TMA as the prefered payment route to ensure you receive the correct procuration fee.

RIO Registration process

The registration process for RIO products is different ER:

  • Register on their portal
  • Once your registration request is submitted you will see a message on screen confirming your registration request
  • LGHF will check your firm, or network, has the appropriate permissions and we will send an email to the compliance officer to confirm that you, as an advisor, are authorised and qualified to give advice on mortgages
  • Once authorisation is received you will receive an email from our sales support team to confirm your details are live and you can now log in to the Broker Portal

ER Contact Details

New business enquiries:

03330 048 444



Customer services:

03330 048 444



Sally Richards, Telephone Account Manager

0121 712 3821


Marie Catch, Head of Mortgage Broker Sales

07738 696121



Michelle Peskett, National Account Manager

07469 406847



Sara Freer, Key Account Manager

07387 253922


RIO Contact Details

Pre-application queries:

03330 048 444



Key Account Manager – Sara Freer for product and general queries

07837 253 922