What type of equity release plans does LV= offer?
Published 18/03/2016 11.42 AM | Updated 01/11/2017 01.05 AM
LV= offers two types of lifetime mortgages, giving you the option of a one-off lump sum or a smaller initial sum followed by flexible cash withdrawals to suit your circumstances. You must be between 60 and 95 years old and a UK resident to take out these plans. You'll also need to take advice from a financial adviser before doing so. These are lifetime mortgages - to understand the features and risks, ask for a personalised illustration.
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