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Age-banded interest rates from LV=

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  • Age-banded interest rates from LV=

    LV= has switched to an age-banded interest rate system to calculate interest rates for its lifetime mortgage products. The firm’s Flexible Lifetime Mortgage rates start at 6.29% for homeowners aged between 60 and 65 years. This represents a decrease of 0.40%. The new rates remain fixed for the lifetime of the loan, enabling customers to [...]

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  • #2
    This is a good common sense approach taken by LV. In current times this type of innovation is what will make lenders stand apart from each other.
    Worldwide Financial Planning is a specialist independent provider of Large mortgages.