31st October 2011

Great news! LV= have improved their interest rates for Equity Release.

The improvements apply to their Lifetime Mortgage - lump sum and Flexible Lifetime Mortgage.

Their new interest rates are as follows:

Lifetime Mortgage - Lump Sum

(loan amounts up to £599,999)

AgeAER(Fixed)Overall cost for comparison
60-806.59%*6.80% APR
81-856.69%*6.90% APR
86-956.79%*7.00% APR

Flexible Lifetime Mortgage

(loan amounts up to £599,999)

AgeAER(Fixed)Overall cost for comparison
60-806.79%*7.10% APR
81-856.89%*7.20% APR
86-956.99%*7.30% APR
  

*Higher interest rates apply to loans over £600,000. Please call LV= for more information.

Please click here for product literature.

  • If you have not already submitted an application and have received a KFI on the higher rate, they'll automatically re-quote it on the new (lower) rate when the application is received.
  • If you've have already submitted an application and it hasn't yet been offered, they'll automatically offer it on the new (lower) rate.
  • If you've already submitted an application and it has already been offered, if you want us to re-offer on the lower rate, please contact :LV=.

These are lifetime mortgages. To understand the features and risks, ask for a personalised illustration.

To request a quote based on their improved rates, please contact LV= on the following details

Equity Release Quotes Team
Telephone: 0800 028 8974 (Option 1)
Fax: 0870 243 0076
Email: equityrelease.sales@lv.com

Equity Release Sales Support Team
Telephone: 0800 028 8974 (Option 2)
Fax: 0870 243 0076
Email: equityrelease.sales@lv.com

Equity Release New Business Team
Telephone: 0800 028 8974 (Option 3)
Fax: 0870 600 0076
Email: newbusiness.equityrelease@lv.com

For textphone dial 18001 first. Lines are open Monday to Friday 8.30am to 5.30pm.
We may record and/or monitor your calls for training and audit purposes

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