LV= joins Brilliant Solutions equity release panel

Savings and retirement expert LV= is announcing a partnership with Brilliant Solutions, offering its brokers access to LV= Lifetime Mortgage products.

Brilliant Solutions is a direct to lender mortgage club specialising in mortgages, bridging and secured loans. With access to LV= Lifetime Mortgage Lump Sum+ and Lifetime Mortgage Drawdown+, advisers can now offer their clients lifetime mortgages with defined early repayment charges (ERCs) ending after just 10 years. 

Over the last six months, LV= has made a number of enhancements to its lifetime mortgage products including increased flexibility around partial repayments. Clients can now make ERC-free repayments from day one with a minimum payment amount of just £50. 

In 2020 LV= launched the LV= Equity Release Portal enabling advisers to produce key facts illustrations and submit and track lifetime mortgage applications online.

David Stevens, Retirement Director at LV=, said:

“Equity release is becoming increasingly popular as home owners recognise how their property can be used in retirement planning.

“We are looking forward to working with Brilliant Solutions to help equip financial advisers with the knowledge and products they need to support their clients in securing the retirement they want.” 

Matthew Arena, Managing Director at Brilliant Solutions, said:

“As growing demand for equity release propels it further into the mainstream, we must ensure that our advisers can adapt to the changing needs of retirees. We are delighted to include LV= on our panel, as this partnership will bring more choice and support to our members. 

“As the equity release market continues to innovate, more people are factoring the value of their property into their retirement plans or using lifetime mortgages to transfer wealth between family generations.”

 

For further information please contact:

David Gwyer
Media Relations Manager – Life and Pensions
07798 796907
Candice South
Press Officer, Life & Pensions
07867 141547

About LV=

LV= is a leading retirement and protection specialist. When we started in 1843 our goal was to give financial security to more than just a privileged few and for many decades we were most commonly associated with providing a method of saving to people of modest means. Today we follow a similar purpose, helping people to protect and provide for the things they love, although on a much larger scale and through a wide range of financial services including insurance, investment and retirement products. 

LV= and Liverpool Victoria are registered trademarks of Liverpool Victoria Financial Services Limited (LVFS) and trading styles of the LV= Group of Companies.Liverpool Victoria Financial Services Limited, registered in England with registration number 12383237 is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, register number 110035. LV Equity Release Limited is registered in England (No 1951289) and is authorised and regulated by the Financial Conduct Authority (register number 306287). Registered address for both companies: County Gates, Bournemouth, Dorset, BH1 2NF.