LENDERRATE AERMIN ADVANCE + RESERVE LIMIINCENTIVENOTESCOMMISSION
Aviva
Incl Scot/NI
Sample rate 24/10/2019 on Flexible 3.14% (male 62 in BS11 on £215,000 releasing £32+ £15150 in reserve)
Lump Sum Max sample rate 3.19% (female 76 in NG11 on £200,000 releasing £84K)

**sample rates from 24/10/2019- No adviser fee charge, no cashback or IHG, no medial and val paid.

Individual pricing-Competitive will dependent on the options and customer circumstances please call for helpdesk on 01326 567970 with client information

Fee £5 until further notice- normally £600

Min £10,000 advance with £5000 reserve to max loan minus their initial of 50% Max loan availableFlexi tool, Opt for free valuation or cash back see notes **Rate output sheet must accompany applicationRing 01326 567970 for rate Valuation free fee option to £5 million and/or cash back, reflected in rate.Flexible repayment option subject to terms and ERC exemptions in certain circumstances.Flats 85% RULE2.25% + 0.75% on reserve capped £500
Canada Life Vol and interest- able to make paymentsNEW Capital Select Options- Capital Choice no lender fee until 8th November 2019
from 3.41% for reserve schemes-LITE, Gold, Gold Plus and Platinum

NEW PLATINUM PLUS high LTV’s 6.46% MER

Voluntary Gold from 5.13% MER payments accepted up to 15% immediately)

Voluntary Platinum Age 55- from 5.70% MER

Interest select Gold from 4.94%

Interest select Platinum from age 55 5.41%

** reserves available load the rate 0.2% per month.**Vol/Int rates all added.

**Min £10,000 to Max LTV** up to £1m on Capitalor
Vol and int £2,000,000

in £15000 advance facility of up to 10X initial Lump sum to max loan £500,000

MUST REGISTER under PERC- Free valuation no cap.

Marketing if lender and sols routed through club

FREE VALUATIONS FIXED ERC’s year 1-5 = 5% year 6-8 = 3% year 9 = nil Reserve available to maximum.Capital- similar to voluntary below except max contribution 10%
Voluntary- payment immediate by standing order, cheque or BACS.

Down sizing after 5 years

2 borrowers become 1 death or long term care survivor can repay within 3 years.

Interest select -requires a minimum of 50% -100% monthly interest payments for a minimum of 5 years. If opt to switch then a 0.2% loading within this time limit. Lump Sum can have reserve.

2.3% + 1% on reserve min £500 Paid at completion
Canada Life – lifestyle not geared for paymentsLifestyle Options- roll up*LITE 3.54%
Gold 3.89% Now from age 55 @ 11% lite and 16% gold

Platinum 6.39% age 60 @ 32%

Platinum with cash back 6.67% – 3% CB

** reserves available rate loaded 0.2% per month.**

** Min £10,000 to max LTV up to £2 million. Prestige min £250,000 max £2 millionMarketing allowance if routing through club and solicitors. FREE VALUATIONS FIXED ERC’s year 1-5 = 5% year 6-8 = 3% year 9 = nil Reserve available to maximumNOTE if using Platinum with cash back then ERC 8% in year 1-5 and 6% in year 6-8.
Min £10K – £1million

Prestige Free valuations, Fixed ERc’s 1-5 =10% 5-10 = 5%***

Hodge Lifetime
– Downsizing range
Incl Scotland
New schemes tiered LTV’s from age 55
J1-from 3.58%-free val Arr fee £0 opr 100% interest rate 3.28% from 31/10/19

J2, rates from MER 3.66% no lender fee and free valuation to make interest payment and reduced rate based on 4 tiers.

J4 from 5.31%

J5 from 6.19%- Medical only

Cashback available but rates increase

Min £10,000 to initial

£15000 advance facility of up to 10X initial Lump sum to max loan £500,000Enhanced broker fee £1000 min withdrawal
Flexible Repayment Option incl.
Downsizing Protection incl.from DAY 1
2.25% + 0.15% on reserve Enhanced (2% standard)
Just
Incl Scotland
Free valuation j2-5 no lender feeFree valuation uncapped. Please quote PERC when ordering quote with lender
Legal & General Home Finance
Incl Scotland FROM 55 – 4 payments per year up to 10% or Optional payments DDM collection monthly from £25.00 to full interest.
Rates quoted as MER
Pink from = 2.76% mer -£629 fee or 2.80%-£30 TT fee

ORANGE from 2.79% £629 or 2.83% £30 TT fee

Yellow from = 2.85% £629 fee or 2.89% – £ 30 TT fee

GREEN- 2.97%mer £629 fee or 3.01% £30 TT fee

Turquise – 3.10% £629 fee or 3.13% £30 TT fee

Blue 3.68% £629 fee or3.72% – £30 TT fee

Navy – 4.08% £629 fee or 4.12% £30 TT fee

Indigo 4.56% £629 or 4.60%- £30 TT fee

Violet 5.18% no fee 5.5.21% £30 TT fee.

*** Black Premier 2.75% £629 or 2.78% -£30 TT fee

Commission capped at £20,000 with anything over rebated to client

Min £10,000 to Max LTVMin age 55Broker procuration fee & free valuationFree valuation extended (with exception of premier)www.landghomefinance.com.Please route through the premier equity release club route. Flats 85% rule2.85% Min £500 max £10,000 enhanced – anything over rebated to client-reserve 1.5% on drip. BLACK range 2.85% proc fee with £20,000 cap as above.
Legal & General – Home Finance
Incl Scotland
2% CASH BACK deals as MER
Pink from 3.00%

Yellow from 3.09%

Blue from 3.91%

Indigo from 4.79%

TT £30

Min £10,000 to Max LTV. Min 55Broker procuration fee & Free valuationFREE valuation extended has a 2% cash back on initial at completion. KFI www.landghomefinance.com Quote the premier equity release club route. Flats 85% rule2.85% Min £500 max £20,000 – anything over rebated to client -enhanced reserve 1.5% on drip
LV=
Incl Scotland
From 2.55% – 3.12% (sourcing quote specific amount to get rate)
Min £10,000 with max reserve based on max LTV available to clientFree valuation to £1.5m and increased procuration feeFree valuation to £1.5m and increased procuration fees
Up to 10% of loan ERC-free repayments per year, up to 6 repayments allowed, minimum £250

Downsizing if unacceptable property if unable to port.

FIXED ERCs

*1.75% on WHOLE FACILITY paid on completion
More 2 life Min prop £70,000Capital Choice
NEW LITE range from 4.16% MER

4.17% mer Draw down limited to twice initial.

Capital Choice PLUS 4.94%mer

Maximum Choice- Lite thr to Maxi-3 tiers

4.17%- 4.89% option for free val from age 55 – 95- Higher LTV’s- Min val £100,000 on Max Choice

** Tailored Choice Enhanced Large range and cash backs refer to lender website.

Cap and Max Min £15,000 to £1 million can do more if lower LTVTailored
Min £15,000 to max LTV- England Max £600,000 Wales & Scotland £250,000
Free valuations, uplift in commissions Change user profile and then select club.Capital choice min £15,000 – £ 1 millionMaximum Choice- no lender fee £10,000-£750,000
Tailored Choice Free valuations Healthy age 60+ or Enhanced from 55 medical with medical rating 60 single and 65 joint (Enhanced Higher LTV’s)
Cap 2.25% and 1% and Maximum 2.25% initial and 1.5% on draw down Club exclusiveTailored Choice 2.25% min £600
Pure Retirement*New Sovereign- rates from 2.94% MER over 5 tiers to 6.79% MER- rate loading depending on level of draw down*

New Heritage range

3.02% – 4.51% depends on package and LTV bands. Lender fee £895

Min £10,000- on Soverign. Min £10,000 for package min £20,000 £895 fee with £600 & £300 contribution to legal and advice with a 3% cash backHigher Procuration fee through club Sovereign NEW with 3 levels on contributions and 3 levels of draw down- rate driven but with FIXED ERC, 10 year period, 10% in year one and reduces 1% a year. NEW FUNDING LINE
Heritage range with options and cash backs – variable ERC’s linked to gilts
2.3% enhanced Min £500- On Sovereign initial loan ONLY for Draw down schemes2.3% then 1/2 of standard on trail for reserve

Please note: This information is for registered intermediaries. Not to issued to members of the public. Note: PERC club does not offer financial conduct regulated advice. Please always check rate, criteria and commission with lenders as this can change without notice.

To secure deals Aviva you need output sheet, Canada Life need you to be registered with PERC route other online lenders use the user profile and club select when quoting KFI’s and for manual lenders please quote PERC when ordering KFI’s and quote PERC in application of club route or branded application  or enclose PERC WRAP Submission which you can download here.

Need help? Speak to our experienced support desk on Freephone 0121 296 9987