1.97% APR Legal & General Equity Release No Fees

Legal & General Equity Release

  • Release tax-free equity from your home with Legal & General Equity Release
  • No monthly repayments
  • Use the money for a motorhome or new car
  • Still, have a few more mortgages payments to make? We can help with that
  • Continue to live in your own house
  • 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

Homeowner in their 60s
Under 65 Home owner
Old money home
Legal & General Equity Release main residence
lump sum payment

Equity Release Loan To Value – Legal & General Equity Release

  • 50% monthly payment equity release VitalityLife Equity Release
  • 60% loan to value (LTV) lump sum lifetime mortgages Legal and General
  • 25% LTV monthly payment lifetime mortgage Coventry Building Society-Godiva
  • 40% loan to value (LTV) home reversion schemes Stonehaven Mortgage
  • 25% loan to value lumpsum lifetime mortgages Post Office Mtgs
  • 30% loan to value lump sum lifetime mortgages Central Trust
  • 60% loan to value home reversion schemes Norton Finance


Wealthy business owners who could benefit from equity release tax planning

  • Renting and leasing of agricultural machinery and equipment South Kirkby and Moorthorpe
  • Manufacture of other electrical equipment Ashington
  • Private security activities Somerton
  • Manufacture of other parts and accessories for motor vehicles Wilmslow
  • Landscape service activities Biddulph
  • Production of other rubber products Shaftesbury
  • Marine fishing Torquay
  • Steam and air conditioning supply Chertsey
  • Manufacture of caravans Chickerell
  • Manufacture of hollow glass Petworth
  • Other retail sales of new goods in specialised stores, not commercial art galleries and opticians Pudsey
  • Marine aquaculture Kirkby Stephen
  • Manufacture of plastic plates, sheets, tubes and profiles Fordingbridge
  • Satellite telecommunications activities East Cowes
  • Manufacture of human-made fibres West Bromwich
  • Raising of poultry Horsham
  • Processing and preserving of fish, crustaceans and molluscs Hastings
  • Grain milling Darlington
  • Mining of iron ores Pateley Bridge
  • Activities of racehorse owners Kings Lynn
  • Tax consultancy Hartlepool

Nationwide Retirement Mortgage Age

The mortgage lender will want to know if the property is a Detached freehold house or a Leasehold flat with share of freehold and if the resident is a Private Tenant.


Equity Release Scheme Providers

  • Bower
  • Crown
  • Legal & General Equity Release


What percentage can be released?

The more aged you are and the unhealthier you are, the more tax-free money you can release.

Aviva Lifetime Mortgages

More2Life Lifetime Mortgages

Nationwide Retirement Mortgage

It is very regular to discover people looking for lump sum lifetime mortgages, lump sum lifetime mortgages or interest-only lifetime mortgages. However, Aviva like Fortify Insurance Solutions are keen to see evidence of your circumstances in the form of pension statements.


  • Hodge Lifetime Mortgage Flexible Drawdown Plan
  • L&G Legal & General Flexible Max Plus
  • Liverpool Victoria LV Equity Release Schemes
  • Stonehaven Equity Release Scheme
  • Age Partnership Interest Only Lifetime Mortgage
  • Canada Life Interest Select Gold Flexi
  • Hodge Indexed Lifetime Mortgage
  • Pure Retirement Equity Release Plans
  • Stonehaven Equity Release Plan
  • Bridgewater Equity Release Schemes
  • L&G Legal & General Flexible Plus Lifetime Mortgage
  • Absolute Retirement Classic Voluntary Payment Super Lite
  • Bridgewater Equity Release Plans
  • Hodge Equity Release Schemes
  • TSB Equity Release Plans

amount you can borrow
home reversion plan
bank holidays

Difficult to mortgage property variants can include homes requiring essential repairs, properties where the ownership is set up on a tenancy in common basis, freehold houses and bungalows (England, Wales, Northern Ireland), properties which are made up of multiple titles and properties with owned solar panels.

Popular retirement finance offerings are Lloyds equity release schemes, Barclays mortgages for over 60s, Halifax RIO mortgages, L&G equity release schemes and Nationwide mortgages over 65.

Difficult to mortgage property types include timber framed properties built before 1920, properties with any externally applied insulation to the walls after construction, steel frame/clad properties built before 1990, coach houses i.e. freehold properties with garages beneath and properties where the flat is accessed via a deck or balcony.

Common loan to value percentage ratios of Lloyds Bank lifetime mortgages for over 60s, HSBC interest only mortgages for people over 70, Natwest interest only mortgages for over 70s, Legal & General later life mortgages for over 60s, Royal Bank of Scotland later life mortgages for over 70s and Nationwide BS interest only mortgages for over 65 year olds are 40%, 60% and 65%.

Tough to mortgage home variants include flats of less than 30 square metres in any location, properties with a large number/scale of outbuildings, properties with more than one annexe or self-contained part of the property, properties where there is a self-contained part of the property or annexe, i.e. basement flat etc and properties where Japanese Knotweed is present.

Challenging to mortgage home titles can include high service charges, properties with any kind of structural defect, damp, dry or wet rot, property is uninhabitable, asbestos construction and concrete panel houses.

How much can I release?

You can release 60% of your property’s valuation. As an example, if your home is valued at £270000 you can release £162000.

form of equity release
home improvements
home reversion schemes

Areas of the UK where equity release is common

  • Wembley
  • Stanhope
  • Burnham-on-Crouch
  • Loftus
  • Elstree and Borehamwood
  • Stone
  • Hungerford
  • Corringham
  • Bordon
  • Chagford
  • Redcar
  • Rothwell
  • East Ham
  • Barton-upon-Humber


Disadvantages of Legal & General Equity Release

Lump-sum lifetime mortgages can reduce the value of your estate. A monthly payment lifetime mortgage may impact the ability to claim benefits. You may need to pay a legal fee and some products expose you to changes in interest rates.

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 8.30am to 5.30pm 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.