Legal And General Retirement Mortgages – No Valuation Fee

Legal And General Retirement Mortgages

  • Remove tax-free money from your home using Legal And General Retirement Mortgages
  • No monthly repayments
  • Use the money for anything you like
  • Stay living in your own home for as long as you like
  • Could be used to help tax planning
  • Your Requirements

  • Please enter a number from 9000 to 20000000.
  • About You

  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

main residence
equity release is right for you

UK Lenders for Equity Release similar to Legal And General Retirement Mortgages


  • Key Solutions
  • Bridgewater
  • Key Retirement
  • Stonehaven Mortgage

The lender will want to know if the property is a Semi detached freehold house or a Leasehold house and if the resident is an Assured shorthold tenancy tenant.

Canada Life Retirement Mortgages


One Family Drawdown Lifetime Mortgages

Just Lifetime Mortgages

Hodge Lifetime Lifetime Mortgages

One Family

  • Aviva Equity Release Schemes
  • Hodge Lifetime Flexible Drawdown Plan
  • Liverpool Victoria LV= Lump Sum Plus Lifetime Mortgage
  • Stonehaven Lifetime Mortgage
  • Age Partnership Interest Only Lifetime Mortgage
  • Bridgewater Equity Release
  • Canada Life Interest Select Gold Flexi
  • Hodge Lifetime Mortgage Plus
  • Just retirement equity release key features
  • Nationwide Equity Release Schemes
  • Royal Bank of Scotland Equity Release Plans
  • Lloyds Bank Equity Release Schemes
  • TSB Equity Release Plans
  • NatWest Equity Release Plans
  • Royal Bank of Scotland Equity Release Schemes
  • Legal And General Retirement Mortgages


  • Development of building projects Margate
  • Other urban, suburban or metropolitan passenger land transport not underground, metro or similar Paddock Wood
  • Manufacture of railway locomotives and rolling stock Brighouse
  • Wholesale of perfume and cosmetics Lytham St Annes
  • Retail sale of hardware, paints and glass in specialised stores Brierfield
  • Advertising agencies Billericay
  • Life reinsurance Congleton
  • Manufacture of irradiation, electromedical and electrotherapeutic equipment Paignton
  • Taxi operation West Malling
  • Inland passenger water transport Saltash
  • Non-specialised wholesale of food, beverages and tobacco St Neots
  • Building societies Ivybridge
  • Renting and leasing of passenger water transport equipment Ferryhill
  • Manufacture of fluid power equipment Newlyn
  • Processing and preserving of fish, crustaceans and molluscs Harrogate
  • Publishing of learned journals Burton Latimer
  • Manufacture of pesticides and other agrochemical products Minchinhampton
  • Agents involved in the sale of fuels, ores, metals and industrial chemicals Wembley
  • Manufacture of other men’s outerwear Lynton & Lynmouth
  • Wholesale of pharmaceutical goods Snodland
  • Pre-press and pre-media services Fairford



Equity Release Loan To Value – Legal And General Retirement Mortgages


  • 50% monthly payment Legal And General Retirement Mortgages
  • 40% loan to value monthly payment lifetime mortgage New Life
  • 30% loan to value (LTV) monthly payment equity release Spring Finance
  • 25% loan to value home reversion schemes Dudley Building Society

Nationwide Lifetime Mortgage Interest Only Rates

home reversion schemes
equity release advice

Difficult to finance property types can include homes requiring essential repairs, properties where tenants live in a self-contained part of the property, right to buy – properties in Scotland, properties with unregistered titles subject to these being registered as part of the legal process and properties with single skin brickwork.

Some of the most common pensioner mortgage products are Lloyds Bank later life borrowing schemes, Barclays mortgages for over 65, Natwest equity release schemes, Legal and General mortgages for people over 50 and Nationwide Building Society mortgages for people 60 plus.

Hard to finance home types can include Timber-framed properties constructed post-1965, properties with spray foam insulation applied to the underside of the roof, steel frame/clad properties built before 1990, studio flats outside the M25 and freehold flats (England, Wales, Northern Ireland).

Popular LTV ratios of Lloyds Bank mortgages for 60 plus, Barclays retirement mortgages over 70, Halifax retirement mortgages over 65, Legal and General interest only mortgages for people over 60, Bank of Scotland lifetime mortgages for over 55s and Nationwide Building Society retirement mortgages over 70 are 45%, 60% and 65%.

Challenging to mortgage property titles include properties built or converted into dwellings more than 10 years ago, properties with flying or creeping freehold which comprises 15% or less of the total floor area, agricultural use of the land and any outbuildings, properties with mobile phone masts which are not within influencing distance of the house and properties with mobile phone masts which are within influencing distance of the house.

Tough to mortgage property titles include high service charges, properties without a kitchen or bathroom, the property that is uninhabitable, asbestos construction and properties that has never been registered with the land registry.

How much can I release?

You can get 60% of your home’s valuation. As an example, if your home is worth £360000 you can get £216000.

channel islands
early repayment
LV= Lump Sum+ Lifetime Mortgage
financial advisers

It is very regular to discover people looking for monthly payment lifetime mortgage, monthly payment lifetime mortgage or home reversion plans, however, Lifetime Mortgage from L&G like AA equity release are keen to see paperwork to show your circumstances in the form of investment statements.

Equity Release Loan To Value

The older you are and the sicker you are the more tax-free money you can release.

Downsides of Equity Release Schemes

Home reversion schemes can reduce your estate value. Lifetime mortgage with flexible drawdown cash release may impact the ability to get state benefits. You may need to pay a broker’s fee and some products expose you to changes in interest rates.

Towns in the UK where retirement mortgages are popular


  • Wembley
  • Farnham
  • Market Deeping
  • Brough
  • Tow Law
  • Tadley
  • St Austell
  • Thetford
  • Glossop
  • Darlington
  • Moretonhampstead
  • Dawlish
  • Berkhamsted
  • Winslow
  • Crook
  • Corringham
  • Hawkinge
  • Rayleigh
  • Alsager
  • Westhoughton
  • Northam
  • Penwortham
  • Castleford
  • Harwich

Flexible Lifetime Mortgage Product Summary– Issue Date 14/08/2019
Home Equity Release plans
Product variant
Premier Flexible Black
Flexible Pink
Flexible Orange
Flexible Yellow
Flexible Green
Interest rates Fixed and Variable

Standard 3.36% MER 3.41% AER 3.45% MER 3.51% AER 3.45% MER 3.51% AER 3.62% MER 3.68% AER 3.76% MER 3.83% AER

2% Cashback N/A 3.65% MER 3.71% AER 3.65% MER 3.71% AER 3.81% MER 3.88% AER 3.96% MER 4.03% AER £599 Arrangement fee 3.32% MER 3.37% AER 3.42% MER 3.47% AER 3.42% MER 3.47% AER 3.58% MER 3.64% AER 3.73% MER 3.79% AER Flexible Turquoise 3.96% MER 4.03% AER 4.15% MER 4.23% AER 3.92% MER 3.99% AER Flexible Blue 4.46% MER 4.55% AER 4.65% MER 4.75% AER 4.42% MER 4.51% AER Flexible Navy 4.81% MER 4.92% AER 5.00% MER 5.12% AER 4.77% MER 4.88% AER Flexible Indigo 5.25% MER 5.38% AER 5.44% MER 5.58% AER 5.21% MER 5.34% AER

Call us on 03330 048444 Lines are open 8.30 am to 5.30 pm Monday to Friday.

Call charges will vary.

Calls may be monitored and recorded.

Legal & General Home Finance Limited is a wholly-owned subsidiary of Legal & General Group plc.

We are registered in England and Wales number 04896447.

Registered office: One Coleman Street, London EC2R 5AA.

Legal & General Home Finance Limited is authorised and regulated by the Financial Conduct Authority.