LV= Equity Release

Introduction

We’ve been a leading equity release provider for over 20 years, helping people to achieve their financial goals and live confidently throughout later life.

We offer four lifetime mortgage products, to give you and your client’s greater choice and flexibility in the equity release market.

Lifetime Mortgage Drawdown Lifestyle
Lifetime Mortgage Lump Sum Lifestyle
Lifetime Mortgage Drawdown+
Lifetime Mortgage Lump Sum+

Click here to get a quote or discuss any pre-application enquiries, call the LV= Equity Release Desk on 0800 028 8974 (option 1) or email them at equityrelease.sales@lv.com

REASONS TO CHOOSE LV= EQUITY RELEASE

Fixed and transparent early repayment charges (ERCs)

Our ERCs end after 10 years on our Plus (+) range, and after 8 years on our Lifestyle range.

On both of our Drawdown products, the ERC charging period is based on the completion date of the original loan, rather than the date of further withdrawals made.

Unlimited ERC-free repayments each year

From day 1, customers can choose to make an unlimited number of ERC-free repayments (minimum £50) totalling up to:

10% of the total advances borrowed* with our Lifetime Mortgage Lump Sum+ and Drawdown+.

11% of the total advances borrowed* with our Lifetime Mortgage Lump Sum Lifestyle and Drawdown Lifestyle.

*Excludes additional borrowing

A trusted brand

Our products are industry recognised and highly rated by Defaqto and Moneyfacts:

Lifetime Mortgage Drawdown Lifestyle 5 Star Defaqto rating 2023
Lifetime Mortgage Lump Sum Lifestyle 4 Star Defaqto rating 2023
Lifetime Mortgage Drawdown+ 5 Star Defaqto rating 2023 and 5 Star Moneyfacts rating 2022
Lifetime Mortgage Lump Sum+ 5 Star Defaqto rating 2023 and 4 Star Moneyfacts rating 2023

ADDED VALUE FOR CLIENTS

We understand that later life is a lot more than just financial security. That’s why we offer two non-contractual benefits – LV= Doctor Services and Care Navigator.

LV= Doctor Services is an online consultation service that gives your clients fast and convenient access to medical services provided by Square Health, via a simple online app.

Care Navigator helps clients navigate their way through the care system, LV= has teamed up with MorganAsh to offer clients Care Navigator who provide a specialist support and guidance for those looking for help with their care needs.

LV= Doctor Services, and the services available through LV= Care Navigator are provided by third party companies. These services are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority and are non-contractual benefits which and can be removed or changed at any time.

Both products are available on our Equity Release Online Portal, so you can submit business and track cases quickly and easily. The portal 24/7 instant access with fast and efficient application management – giving you and your clients answers sooner.

To get a quote or discuss any pre-application enquiries, call the LV= Equity Release Desk on 0800 028 8974 (option 1) or email them at equityrelease.sales@lv.com

To find out more about our Lifetime Mortgage products, visit our website here.

Useful Links

Website

Document library

LV= Wealth and Wellbeing Research Programme

SUPPORT FOR ADVISERS

Equity Release Portal – enables you to place business efficiently and flexibly, with 24/7 access.

Calculators – available for all lifetime mortgage products to help you identify the most cost effective solution for your clients.

Flood checker tool – designed to give you an early indication as to whether your client’s property will meet our flood risk lending criteria.

High value lending hub – our dedicated team of high value lending specialists are available to support you and your clients with lifetime mortgage cases of £500,000 or more.

Registration Process:

Setting up an Agency

You’ll need to agree to the terms of business by setting up an agency with LV=.

If you already hold terms of business with LV= please email your request to lv.agency@lv.com.

For new directly authorised firms LV= work with ORIGO to provide a streamlined application process. By partnering with them, they can offer a consistent experience that may be used to when joining other providers.

Visit the website to set up an agency