Limited time offer (18 February – 16 April 2021)
To offer even more flexibility to your equity release clients, we have introduced a new cashback option. With retirement constantly changing shape, flexibility is key for your clients in the decision-making process.
Our new product variants will offer 1% cashback and run alongside our existing Lifetime Mortgage Drawdown+ and Lifetime Mortgage Lump Sum+ products, for a limited time period.
Flexible approach to later life lending
- The cashback will be paid in addition to the loan amount so it can boost the maximum funds available to your clients.
- The cashback can help your clients borrow less without compromising on their financial objectives - a smaller LTV is linked to a lower interest rate.
- A ‘cash boost’ your clients can use to pay fees or other associated costs.
Please note your clients will be able to benefit from a cashback option on Lifetime Mortgage Lump Sum+ only if their loan is £50,000 or over.
Remember to check out our new Lifetime Mortgage calculators below to identify the most cost-effective solutions for your clients.
