We use cookies to make sure your experience is as good as it can be. If you’re happy with that, just continue using the site. Learn more about cookies.

skip to main content

Allows your client to release a sum of money against the value of their home, whilst continuing to live in it

Lifetime Mortgage - Lump Sum+

Lifetime Mortgage - Lump Sum+ options

Our Lifetime Mortgage - Lump Sum+ has a number of options to suit your client's needs as shown below.

Single or joint lifetime mortgage

  • If your client lives alone, the loan will need to be repaid on their death, or when they move into long term care
  • If your client is living with their partner, civil partner or spouse they'll both need to be named on the property deeds and in their lifetime mortgage application. The loan will need to be repaid when both of them have died or moved into long term care

Further advances

  • If your client decides at a later date that they wish to borrow more money, this may be possible although it is not guaranteed
  • If your client is able to borrow more, a revaluation will be required. Find out more information on revaluation fees

If your client knows they will need to borrow more in the future, a Flexible Lifetime Mortgage may be better suited to your client. Read more about our Flexible Lifetime Mortgage.

Early repayment

  • Your client is able to pay the mortgage back at any time should they wish to
  • If they choose to do this in the first ten years, there could be an early repayment charge to pay

Find out more about when early repayment charges will apply.

Remaining in the property

  • Your client is free to remain in their own home for as long as they wish - as long as they continue to meet the mortgage terms and conditions

0800 028 8974

TextDirect: first dial 18001

8.30am - 5.30pm Monday - Friday

We will record and/or monitor calls for training and audit purposes.


Our awards

Financial Adviser 5 Star Service Awards for the last three years – Mortgage Lenders and Packagers

Our ratings

Moneyfacts 2020 annual assessment of the equity release market:

  • 5 Star Flexible Lifetime Mortgage
  • 4 Star Lifetime Mortgage Lump Sum+
Moneyfacts 2020 Equity Release 5 star logo
Moneyfacts 2020 Equity Release 4 star logo

Defaqto 2020 annual assessment of the equity release market:

  • 5 Star Flexible Lifetime Mortgage
  • 5 Star Lifetime Mortgage Lump Sum+
Defaqto Equity Release 5 star logo
Money icon

Need to borrow more?

Our Flexible Lifetime Mortgage gives your client the option to borrow more in the future.

More on our Flexible Lifetime Mortgage

LV= icon


By working with us, you will get the support you can expect from a respected provider.

View the support available to you

Awards icon


We've won a range of awards for the service and quality of our Equity Release products.

More on the awards we've won

Contact us icon

Contact us

Find your dedicated support for quotes, help and product information

Contact our equity release experts

Connect with us

About retirement

Vimeo logoLinkedIn company logoTwitter icon showing a bluebird

Liverpool Victoria Financial Services Limited, registered in England with registration number 12383237. County Gates, Bournemouth, BH1 2NF, UK