Lifetime Mortgage Lump Sum Lifestyle:


Lump Sum Lifestyle features

With our Lifetime Mortgage Lump Sum Lifestyle, your clients can release the equity in their home to suit their later life needs. They can also guarantee a future inheritance for their loved ones, with our Inheritance Protection option. 

There are many features available, including:

  • No interest repayments throughout the life of the loan – the loan and rolled-up interest is repaid when your client dies or moves into long-term care.
  • Minimum age 55 – maximum age 90.
  • Additional borrowing may be available (it is not guaranteed).
  • Maximum lending of up to £1.5million.
  • For joint mortgages, ERC free repayment within four years of first death or move into long term care.
  • Interest rate linked to age and LTV.
  • A ‘No Negative Equity’ guarantee.
  • Fixed early repayment charges ending after eight years.
  • Unlimited number of repayments with a minimum of £50 totalling up to 11% of the original advance each year, free of any early repayment charge.
  • Downsize protection included for full repayment from year five onwards.
  • The option to protect up to 99% of the equity of the property by adding Inheritance Protection.
  • Support your clients and their families with LV= Doctor Services and Care Navigator, our added value benefits.

Product details

Find product details, loan amounts and repayment charges here.

Lifetime Mortgage Lump Sum Lifestyle Calculator

Identify the most cost-effective solution for your clients.

Important information

Being aware of the options available is crucial – here are some important things you should know about our Lifetime Mortgage Lump Sum Lifestyle.
  • Your client can repay some or their entire mortgage at any time, but an early repayment charge may apply in the first eight years.
  • The interest rate is fixed for the life of the loan. Please remember that the loan plus interest can add up very quickly.
  • Further cash advances will depend on our lending criteria at the time.
  • It's important that your client speaks with their family before taking out an Equity Release product, particularly any beneficiaries in their Will.
  • This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration.
  • Inheritance Protection can be reduced or increased in the future if needed, but can’t be added to your client's mortgage after it’s completed.
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Updates to our application process

Please note that applicants will have 30 days from submitting a full application to progress to offer in order to qualify for the illustrated product rate.

The offer will be withdrawn by LV= if not completed within 90 days of the offer date.

In the event either timescale is exceeded, we will refer the applicant back to their adviser. Their chosen product may no longer be available meaning a new product may need to be selected from the range available at that time.

LV= Equity Release Portal

Our online portal puts people first, not paperwork. You can obtain personalised illustrations and submit new business applications through the portal.

Lifetime Mortgages Cashback

Our new Lifestyle product range offers even more flexibility with our cashback option.

Terms and conditions and apply.

2024 Defaqto and Moneyfacts equity release 4 star ratings

Highly rated for our Lifetime Mortgage Lump Sum Lifestyle

Moneyfacts and Defaqto conduct an annual assessment of the market. As a result, our Lifetime Mortgage Lump Sum Lifestyle has been 4 Star rated.
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Supporting your clients

Our support goes beyond offering quality lifetime mortgage products. We understand the need for quality and convenient medical services grow as your client's needs change.

LV= Doctor Services gives your client and their spouse/partner, fast and easy access to medical services:

  • Prescription services – clients can get a private prescription, without needing to visit their GP.
  • Remote GP 24/7 – unlimited consultations with a UK doctor by phone or video.
  • Second opinion – clients can check a diagnosis and get advice on treatment options.
  • Remote physiotherapy – clients get free sessions with a trained UK physiotherapist.
  • Discount health MOTs – 25% off services that identify health risks, offering areas for improvement.
  • Psychological services – clients get free sessions of mental health support, from counselling to Cognitive Behavioural Therapy.

LV= Doctor Services is a non-contractual benefit which can be changed or removed at any time.

More on LV= Doctor Services

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Care Navigator

Considering care options can be stressful. To help your clients navigate the care system, we’ve partnered with MorganAsh to offer Care Navigator. 

  • Designed to help people looking for care options later in life.
  • Provides specialist support and guidance for those facing the challenge of care needs, for your client or their loved ones.
  • 10% discount on the services offered.
  • Free, no obligation initial consultation.

More on Care Navigator

Contact Phone

Let's talk

0800 028 8974

8.30am - 5.30pm Mon-Fri

TextDirect: first dial 18001. We will record or monitor calls for training and audit purposes.