Equity Release-Lifetime Deals | equityreleaseadvisers

Provider	Options	Drawdown option	Lump sum	Minimum further withdrawls	Charges for withdrawls	Monthly income option	Free Valuation	Min age	Max age	Min £	Max £	Minimum Valuation	Maximum Valuation	Max LTV	Minimum amount for further lump sums	Scotland	Northern Ireland	No ercs	Option to make monthly interest payments	Protected equity option
Aviva	Lifestyle Lump Sum-Pays out a one off lump sum	✓	✓	✗	✗	✗	✗	55	none	£15K	£600K	£75k	✓	refer to Aviva(depends on age of client)	n/a	✓	✓	refer to Aviva	✗	✓
	Lifetime Lump Sum Max-Pays out a large lump sum than the Lifestyle standard product	✓		✗	✗					£15K					n/a
	Lifestyle Flexible Option-enable client to take a lower initial lump sum and have access to further sums in the future	✓		£5,000	£99					£10K					£5k
Hodge Lifetime	Lifetime Mortgage Option: Lump sum	✗	✓	n/a	n/a	✗	✗	55	85	£15K	£250K	£100K	£1m	45%	£5,000	✗	Further advances for exisiting clients only	✗	✗	✗
Just Retirement Ltd	Roll-Up Lifetime Mortgage	✓	✓	£2,000	none	✗	Refund valuation for applications received by 31 July 2009	60	No max	Min cash facility 15k-Min initial cash advance £10K	£250K	£70K	none	40%	£5,000 (in excess of cash facility)	✓	✓	ERCs may be applicable	✗	✗
LV	Flexible Drawdown Plan	✓	✓	£2000	✗	✗	✗	60	95	£10K	none	£70k	none	50	£2K	✓	✗	ERCs may be applicable	✗	✗
LV	Lump Sum Plan	✗	✓	£2000	refer	✗	✗	60	95	£10K	none	£70k	none	50	£2K	✓	✗	ERCs may be applicable	✗	✗