Equity Release products
Choose the equity release product that best suits you and your retirement needs.
An introduction to equity release
Equity release is not necessarily suitable for everyone, that's why we have financial advisers who are qualified to advise you on the products, before you make a decision. It's a good idea to involve your family in the decision making process because releasing money from the home will affect the amount that you will be able to leave in inheritance.
Here at LV= we offer equity release products in the form of Lifetime Mortgages.
A lifetime mortgage is a loan secured against the value of your property. Unlike a standard mortgage, there are no monthly instalments to pay. However, with both lifetime mortgage products from LV=, interest is added to the loan to be repaid on the death of the borrower or if the borrower goes into permanent residential long-term care. The loan is usually repaid from the proceeds of the sale of the property.
These are Lifetime Mortgages. To understand the features and risks ask for a personalised illustration.
Call Us
For more information on our equity release products call free on: 
0800 202 8116
Lines are open:
Monday to Friday 9am - 5.30pm
We may record and/or monitor calls for training and audit purposes.
For textphone first dial 18001.
At LV= we offer two lifetime mortgage products:
LV= Lifetime Mortgage
- You can release a one off lump sum for a specific expense such as home improvements or a holiday or whatever you choose.
- You can continue to live in the house or you can choose to move out.
- You can borrow from £10,000.
- You don't need to agree a maximum loan amount.
- You can also decide later to borrow more but this is not always guaranteed.
LV= Flexible Lifetime Mortgage
- You can release some of the equity in your home now and some in the future.
- You can choose to set up an initial loan amount and at the same time set up a maximum loan to draw from in the future.
- You'll only pay interest on the amount you actually borrow.
- You can borrow from £10,000.
- You can then take withdrawals of £2,000 or more.
- Each time you make a withdrawal it'll be at the appropriate interest rate at the time the withdrawal is taken and will be based on your age at that time.
- Making withdrawals will increase the amount of borrowing secured on your home.
We're SHIP members
We are members of Safe Home Income Plans (SHIP) who are dedicated to the protection of planholders and promotion of safe home income and equity release plans. All SHIP plans carry a no negative equity guarantee where your beneficiaries won’t find themselves owing more than the house is worth.
