LV= Lifetime Fixed Lump Sum (Age 66-70) >£600k Mortgage
Full product details for the LV= Lifetime Fixed Lump Sum (Age 66-70) >£600k mortgage, including application criteria, rates, suitability, restrictions, incentives, facilities, fees & charges and equity release.
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LV= Lifetime Fixed Lump Sum (Age 66-70) >£600k Mortgage Features & Benefits
| Mortgage Type | Equity Release | |
| Initial Rate Type | fixed | The initial rate type is fixed. |
| Initial Rate APR | 6.78% | |
| Maximum LTV | 30% | The maximum LTV is 30% |
| Minimum Loan | £600,000 | Minimum loan is £600000. |
| Maximum Loan | Unlimited | The maximum loan is unlimited.. |
| Remortgage Only | no | This is not just available for remortgages. |
| Maximum Number of Borrowers | 2 | The maximum number of borrower's is 2. |
| Maximum Age | 70 years | 70 |
| Maximum Property Value | Unlimited | There is no set maximum. |
| Minimum Bedrooms | 1 bedrooms | The minimum number of bedrooms is 1. |
| Minimum Lease Term Remaining | 80 years | The age of the youngest applicant plus the unexpired term of the lease must be greater than 80 years. |
| Monthly Income | no | Monthly income option is not available with this product. |
| Minimum Age of Youngest Borrower | 66 years | The minimum age for the youngest applicant is 66 years. |
| Minimum Age of Single Borrower | 66 years | Minimum age single applicant is 66 years. |
| Minimum Initial Cash Lump Sum | £600,000 | The minimum initial lump sum is from £5,001 to £10,000. |
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Compare LV= Lifetime Fixed Lump Sum (Age 66-70) >£600k With These Mortgages
Northern Rock 2yr 5.08% Fixed H/P LTV 85% Low Fee
- House purchase maximum LTV of 85% is available with this mortgage.
- Applicants have the benefit of mortgage APR of 4.8%.
- Intro rate APR of 5.08%.
- Get 4.79% final interest.
Britannia 3yr 4.19% Fxd LTV 75% Option 2 Direct
- A mortgage interest rate of 4.19 percent is available from Britannia.
- Have the benefit of interest rate only rate of 4.7%.
- Get 40 years max term from Britannia.
- This mortgage gives a 75% remortgage maximum LTV.
Nationwide Flex 3yr 4.79% Fxd LTV85%Ex/BSwitch&FixDir No fee
- Take advantage of max loan of £5,000,000.
- Nationwide gives minimum term of 3 yrs.
- Get 4.4% mortgage APR.
- 4.79% introductory rate APR.
Nationwide Flex 2yr BBR + 3.49% Tracker H/P LTV 75% No Fee
- Right to buy max ltv/valuation of 75% is available to new customers.
- Mortgage APR of 4.1% is offered with the mortgage.
- Applicants can get house purchase max LTV of 75%.
- Get 1st time buyer max LTV of 75%.
The Mortgage Works 2yr BBR + 2.99% LTV 75% Guarantor Limited
- Get 75% 1st time buyer max LTV.
- You will get lender's base rate of 0.5%.
- Customers can get introductory rate end date of 30 jun 2014.
- The Mortgage Works offers maximum term of 40 years.
- The Mortgage Works mortgage has a product description of 2yr BBR + 2.99% LTV 75% guarantor limited.
- The mortgage offers an initial rate APR of 3.49 percent.
Ulster Bank 2yr 1.30% Disc H/P LTV 60%
- You will enjoy 2.70 percent introductory rate APR.
- The mortgage offers a house purchase minimum loan of £30,000.
- 3.9% interest rate only rate is offered with the mortgage.
- This mortgage offers a max term of 40 yrs.
