Legal and General Home Finance (Formerly Newlife)

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Legal & General Home Finance provide flexible lifetime mortgages to enable you to satisfy your clients Equity Release needs. Optional Partial Repayments of up to 10% per annum of the original loan and Inheritance protection are available at no extra cost.

Legal & General Flexible Lifetime Mortgages:-

  • Available from age 55 to 90
  • No differential on LTV’s between single and joint life
  • Minimum loan £10,000 – Maximum £750,000 (please refer if over)
  • Property value up to £4m (please refer if over)
  • Drawdown minimum £2000 with no charge
  • Free valuation
  • No arrangement fee

Legal & General Premier Flexible Lifetime Mortgages:-

  • Available from age 55 to 90
  • No differential on LTV’s between single and joint life
  • Minimum loan £250,000 – Maximum £2m (please refer if over)
  • Property value up to £4m (please refer if over)
  • Drawdown minimum £2000 with no charge
  • Valuation fee refunded at completion
  • Arrangement fee can be added in excess of the maximum LTV

To find out more visit the website http://www.legalandgeneral.com/advisercentre/annuities/lifetime-mortgages/ or phone the support team on 03330 048444

 

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