LV= has been added to Intrinsic’s panel of equity release providers, giving the network’s 1300 members access to LV=’s Flexible Lifetime Mortgage.
The flexible mortgage allows homeowners to draw down funds from the equity in their home, including a 15-year guarantee on the maximum amount. The product also includes a No Negative Equity guarantee. Intrinsic clients between the ages of 60 and 95 can draw down a minimum amount of £10,000 with additional withdrawals of at least £2,000 available up to the maximum Loan To Value amount.
