Green lifetime mortgage feature
Lifetime mortgage clients could get a lower interest rate if their property has a valid Energy Performance Certificate (EPC) rating of A or B.
This innovative green feature, available on our Just For You Lifetime Mortgage 2.5 LTV series, reduces the standard interest rate by 0.10% for the duration of the loan.
The EPC must be submitted at the application stage, but we’ll contribute £50 to the cost of obtaining one. This will be paid to the customer as a cashback when the advance completes, whether they obtained a new EPC or if a satisfactory one existed already.
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Energy efficiency ratings explained Every home must have an EPC when it’s built, sold or rented – this gives the property an energy efficiency rating from A or 100 (most efficient) to G or 0 (least efficient) and is valid for 10 years. To check whether your property has a valid EPC, please go to the EPC register: https://www.epcregister.com/ |
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Our J2.5 LTV series is detailed below:
J2.5 LTV Series |
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| Client age | J2.5 Single life/Joint life |
Client age | J2.5 Single life/Joint life |
| 55 | 23.0 | 71 | 40.2 |
| 56 | 24.0 | 72 | 41.4 |
| 57 | 25.0 | 73 | 42.6 |
| 58 | 26.0 | 74 | 43.7 |
| 59 | 27.0 |
75 |
45.0 |
| 60 | 28.7 |
76 |
46.0 |
| 61 | 29.8 | 77 | 47.1 |
| 62 | 30.7 | 78 |
48.0 |
| 63 | 31.7 | 79 | 48.6 |
| 64 | 32.7 | 80 | 49.5 |
| 65 | 33.7 | 81 | 50.7 |
| 66 | 34.7 | 82 | 51.3 |
| 67 | 35.7 | 83 | 51.5 |
| 68 | 36.7 | 84 | 51.7 |
| 69 | 37.7 | 85+ | 51.9 |
| 70 | 39.0 | ||
