Why consider LV= for later life lending?
LV= is recognised as a well-known and trusted provider, having been in this market for more than 10 years. LV= also take their responsibilities as a lender very seriously, making decisions with great care and with the client’s best interests at heart.
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Both their Lifetime Mortgage Lump Sum+ and Flexible Lifetime Mortgage come with:
- Fixed and defined early repayment charges ending after 10 years
- LV=’s Lifetime Mortgage product is also 5 Star Defaqto rated
- Downsize protection option once the plan has been running for 5 years* – only for Lifetime Mortgage Lump Sum+
- Fixed repayments of up to 10% of the original loan amount after the plan has been running a year* – only for Lifetime Mortgage Lump Sum+
- LV= Doctor Services – six expert medical services for customers provided free of charge (this is a non-contractual benefit)
*LV= Doctor Services is provided by Square Health Limited. This service is not regulated by the Financial Conduct Authority or the Prudential Regulation Authority. This service is a non-contractual benefit and can be changed or removed at any time.