Lifetime Mortgages
The Prudential Lifetime Mortgage is a new enhanced equity release product with added flexibility and options to more closely meet your clients needs in retirement. Our Lifetime Mortgage offers the choice of either a Lump Sum product or Increasing Cash Reserve product as well as access to our valuable Equity Guarantee option. With improved eligibility this will allow you to target a broader section of your client base.
Our New and Improved Lifetime Mortgage
- A Lump Sum product is now available
- Unique Equity Guarantee option allows clients to safeguard a proportion of the current equity in their home without affecting their LTV
- Reduced minimum age limit now 55yrs
- Reduced minimum property value now £100,000
- Reduced minimum loan for Increasing Cash Reserve now £10,000
- Reduced minimum additional loan now £3,000 (Increasing Cash Reserve only)
Commonly Used Literature
 Sitting Pretty: Retired Homeowners Make £151 Million a Day [21k] |
Retired Homeowners in Scotland Make £12.54 Million a Day [19k] |
PRODUCT TOOLS
- Online Calculator - Our calculator can help you see how our product works
- Product Guide
AT A GLANCE
- Our Retirement Solutions at a Glance - Get an overview of the full range of retirement solutions products from the Pru
