Lloyds Equity Release Plans 4.15% – with a free valuation in 2024

lloyds bank

Release tax-free equity from your home
Free home valuation
There is no need to make monthly payments unless you want to pay just interest.
Use the money for home improvements.
Do you still have a mortgage? We can help with that
Continue to stay in your property

How much cash can I release?

You can achieve 70% of your home’s valuation. For example, if your house is worth £190,000, you can borrow £123,000.

Your Requirements
Release equity from:*
How Much Would You Like Release?*
Please enter a number from 5000 to 2000000000.
Estimated Value Of Your Home?*
Please enter a number from 70000 to 10000000.
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Phone Number*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

Lender Awards Finance Hunt UK

Lloyds Equity Release for UK homeowners

A Lloyds Equity Release plan can help asset-rich and cash-poor people have more money for holidays and a better standard of living.

Your Requirements
Release equity from:*
How Much Would You Like Release?*
Please enter a number from 5000 to 2000000000.
Estimated Value Of Your Home?*
Please enter a number from 70000 to 10000000.
Total amount of mortgage/loans you have on your home
About You
Please tell us about your self and what you want
Name*
First Last
Date of Birth*
Phone Number*
Your Email Address:*
First Line Of Your Address:*
Your Postcode:*

Lender Awards Finance Hunt UK

OneFamily joint lifetime mortgage

HSBC Equity Release Scheme

Hodge Lifetime lifetime mortgage

Does Lloyds offer Equity Release?

Yes, Lloyds does equity release at 2.29% APRC.

Does Lloyds offer Equity Release Under 55?

Yes, Lloyds Equity Release under 55 is 2.29% MER.

It is usual to find people searching for lump sum lifetime mortgages, monthly payment lifetime mortgages, or home reversion schemes. However, Key Retirement, like Legal & General, is keen to see evidence of your personal circumstances in the form of investment statements.

Areas of the UK where Lifetime Mortgages are common

Gainsborough
Dartmouth
West Mersea
Oundle
Crediton
Westerham
Newbury

Wendover
Chatham
East Ham
Macclesfield
Bridgnorth
Sutton Coldfield
Rotherham

Drawbacks of Equity Release Lloyds

Lumpsum lifetime mortgages can reduce your estate value and may impact your entitlements to state benefits. You may need to pay an advisor’s fee, and some products expose you to changes in interest rates.

Aviva lifetime mortgage

Canada Life - Lifestyle Lite

The 1st and 2nd charge lenders will want to know if the property is a Freehold terraced or Leasehold house and if the resident is an Owner Occupier.

Lenders for UK Equity Release – Equity Release Lloyds

Aviva
LV lifetime mortgage
Age Concern
Equity Release Lloyds

Equity Release percentages of your current property value

50% monthly payment lifetime mortgage Maximum cover Equity Release
25% loan to value (LTV) monthly payment equity release Central Trust
50% loan to value (LTV) lumpsum lifetime mortgages Equifinance
30% loan to value home reversion schemes Ipswich
30% loan to value home reversion plans Shawbrook
50% LTV home reversion plans Norton Finance
35% loan to value lumpsum lifetime mortgages Optimum Credit
25% loan to value (LTV) home reversion schemes Yorkshire Bank

More to life - Capital Choice Plan

Canada Life Drawdown Lifetime Mortgages

Canada Life Home Finance lifetime mortgage

Lloyds Equity Release percentages of your current property value

The more elderly you are and the unhealthier you are, the more tax-free cash you can release.

Retired business owners who may be interested in lifetime mortgages

Hospital activities Bridgnorth
Manufacture of lime and plaster Colne
Manufacture of consumer electronics Middlesbrough

Aviva - Lifestyle Flexible Option

Hodge Lifetime Flexible Voluntary Repayment Plan
L&G Legal & General Flexible Max Scheme
More to Life Tailored Choice Plan
Stonehaven Equity Release
Nationwide Equity Release
HSBC Lifetime Mortgage

Saga Equity Release Schemes
Age Partnership Equity Release Plans
Aviva Lifetime Mortgages
Liverpool Victoria LV Equity Release
HSBC Lifetime Mortgage
Lloyds Equity Release Schemes
Aviva Lifestyle Flexible Option
Just retirement equity release lifetime mortgages

Nationwide Equity Release Plans
More to Life Flexi Choice Voluntary Payment Super Lite
TSB Equity Release Schemes
Saga Equity Release Schemes
More to Life Capital Choice Plus Plan

Pure Retirement Lifetime Mortgage
Nationwide Equity Release Plans
Royal Bank of Scotland Interest Only Lifetime Mortgage
Low rate Lloyds Equity Release Plans
More 2 Life Flexi Choice Drawdown Lite Plan
Age Partnership Lifetime Mortgage

HSBC Equity Release From Property

Santander Equity Release Retirement

Legal & General - Flexible Yellow

Hard-to-finance property variants can include properties in the course of construction or pre-construction, properties where ownership is set up on a tenancy in common basis, feuhold/freehold properties (including flats) in Scotland, leasehold properties (with the exception of flats and maisonettes), and properties where the borrower(s) own the freehold with any connected party.

Popular retirement mortgage products include Lloyds lifetime mortgages, Barclays Bank retirement interest-only mortgages, Post Office mortgages for 60-plus pensioners, Legal & General lifetime mortgages and Nationwide Building Society retirement mortgages.

Hard-to-finance home variants can include prefabricated reinforced concrete (PRC), properties with spray foam insulation applied to the underside of the roof, properties with a minimum floor area of 30 square metres, coach houses, i.e., freehold properties with garages beneath, and freehold flats (England, Wales, Northern Ireland).

Popular loan to values of Lloyds Bank interest-only mortgages for over-60s near London, Barclays Bank interest-only lifetime mortgages for over 70s, Post Office later life mortgages for over 70s, Legal & General mortgages for over 65, Royal Bank of Scotland interest-only mortgages for over 60s, and Nationwide BS mortgages for 60 plus are 45%, 60%, and 70%.

Challenging to finance property titles can include properties built or converted into dwellings within the last ten years, properties with a single annexe or another self-contained part of the property, use of the land and any outbuildings for a small amount of personal, commercial use., properties with mobile phone masts which are not within influencing distance of the house and properties adversely affected by existing or proposed issues including roads, rail, airports, power plants, power lines/pylons, wind turbines, substations, sewage works, quarries, fuel stations, refuse sites, sports grounds, noise, light or environmental pollution.

Tough-to-finance home variants include properties with legal agreements such as Overage, Clawback, Option, Pre-emption, or any onerous Restrictive Covenant; properties close to mining works, areas of landfill, areas of recent flooding or subsidence; properties with structural problems, mundic homes and Airey, Boot, Cornish Unit, Dorran, Dyke, Gregory, Hamish Cross, Myton, Newland, Orlit and Parkinson Frame.

How much cash can I get?

You can borrow 70% of your property’s value. For example, if your home is worth £310,000, you can borrow £186,000.

Legal & General - Flexible Indigo

Just Retirement - Roll-Up Lifetime Mortgage

More to life - Capital Choice Plus Plan

Pure Retirement Ltd joint lifetime mortgage

Releasing Money From Your Home

How Do I Release Equity From My House

Canada Life Home Finance lifetime mortgage for properties in Scotland

Direct contact details for Lloyds Equity Release Schemes

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065, Lloyds Bank plc is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Visit the Lending Standards Board website

Lloyds Bank plc registered office:
25 Gresham Street,
London EC2V 7HN.
Registered in England and Wales No. 2065.

https://www.lloydsbankinggroup.com/

https://www.lloydsbank.com/

https://www.facebook.com/lloydsbank
https://www.youtube.com/user/lloydsbankonline

If you need to call us from abroad, you can call us on 01733347007. Not all Telephone Banking services are available 24 hours a day, seven days a week. Please speak to an adviser for more information. Calls may be monitored or recorded.

Lloyds Bank plc and Bank of Scotland plc (members of Lloyds Banking Group), are authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Authorization can be checked on the Financial Services Register at www.fca.org.uk

Tweets by AskLloydsBank

Call Finance Hunt in Putney London on

02074953523

Does Lloyds Bank do mortgages up to 85?

Yes, Lloyds Bank offers mortgages up to 85 at 1.91% MER, with an LTV of 65%.

Does Lloyds Bank do later life lending to people Under 55?

Yes, Lloyds Bank later life lending Under 55 is 2.27% MER.

Does Lloyds Bank do mortgages over 70?

Yes, Lloyds Bank mortgages over 70 are 2.29% MER.

Does Lloyds Bank offer mortgages over 75?

Yes, Lloyds Bank mortgages over 75 are 1.98% APRC.

Does Lloyds Bank do later life lending?

Yes, Lloyds Bank later life lending is 1.8% MER. Lloyds is not one of the equity release companies to avoid.

What are Lloyds Bank’s interest rates for retirement mortgages?

Lloyds Bank rates for retirement mortgages are 2.23% APRC.

Does Lloyds Bank have favourable reviews for pensioner mortgages?

Yes, Lloyds Bank reviews are commendable for pensioner mortgages.

Does the Lloyds Bank Rio mortgage calculator show the LTV?

Yes, the Lloyds Bank RIO mortgage calculator shows a favourable LTV of 70%.

Does a Lloyds Bank retirement interest-only mortgage advisor charge a hefty fee?

No, Lloyds Bank retirement interest only mortgage advisors are free.

Does Lloyds Bank do mortgages over 60?

Yes, Lloyds Bank mortgages over 60 are 2.27% APRC.

Does Lloyds Bank do mortgages over 55?

Yes, Lloyds Bank mortgages over 55 are 2.26% APR.

If you need the money it can be a much better idea than selling your house.

The roll-up interest charges that are added onto the loan.

The rates are between 3 to 4% MER.

You will pay back the principal (the money you borrowed) plus the roll up interest that has accrued.

Yes, Lloyds equity release plans have a very low overall cost.

Yes, it is strickly regulated.

Finance Hunt Un-Registered Address
329 – 339 Putney Bridge Road
Putney
London
SW15 2PG
London
UK

registered in england and wales with no company number or firm reference number

all rights reserved

Some of the Finance Hunt partners have a financial adviser background and can offer advice about a move into long term care, the value of your property, valuation fees, advice fees, retirement income and interest rate options.

Finance Hunt is a Trading Name.
We are not an equity release provider and have no relationship with a trade body. We do not charge arrangement fees.
Finance Hunt is not authorised and regulated by the financial conduct authority or authorised by the prudential regulation authority. Finance Hunt is not on the financial services register. Your home may be repossessed if you do not keep up repayments on your mortgage or loan secured on your home or business. Finance Hub has no registration number or registered office.
Finance Hunt does not offer equity release advice and has no relationship with the equity release council. Finance Hunt has no knowledge of the specifics of the no negative equity guarantee. Finance Hunt are not professional financial advisers and offer no financial advice either on the website or by email. You could get help sometimes from the financial ombudsman service or another industry body.