The maximum you can borrow depends on your age and the value of your property.
With LV=, our Lump Sum+ product allows you to borrow a lump sum as a one-off payment. The maximum you can borrow ranges from up to 27% of the value of your property if you are 60, to 55% if you are 95.
Under our Flexible Lifetime Mortgage product, you can choose to borrow a smaller amount initially and agree a maximum loan with us, which you can draw on from time to time over a 15-year period. This way you'll only be borrowing, and therefore accruing interest on, the amount you actually need. The maximum you can borrow ranges from up to 20% if you are 60, to 50% if you are 95.