Equity Release: LV=

LV=’s 1.28m customers, 1.25m of which are members, hold a variety of products with the business, including life insurance, income protection, investments and retirement income solutions such as equity release, fixed term annuities and drawdown products.

In March 2021, LV= made changes to the flexible repayment option available across its Drawdown+ and Lump Sum+ lifetime mortgages.

The savings and retirement specialist reduced the minimum repayment amount to £50 and removed the 12-month waiting period, allowing repayments from day one of the policy.

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