Legal & General Home Finance
Legal & General Home Finance

Legal & General Home Finance

Legal & General Home Finance is leading innovation across the later life market to help people have a more colourful retirement.

Almost a quarter of equity release customers choose LGHF, making it one of the largest lifetime mortgage lenders in the UK. It has lent over £3bn in total, developing customer-led solutions that offer flexibility and choice. The business is part of the Legal & General Group. Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor.


Proc Fees

Product Gross Net
All products 3% 2.85%
Premier Black Range 2% 1%
Further Drawdown 1% 1%
Retirement Interest Only 0.55% 0.50%
All infomration correct at 16/09/20


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Register to place business with Legal General Home Finance:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.


Lifetime Mortgages

LGHF’s Lifetime Mortgages all come with standard features that can help your clients, including accessing tax-free cash, no affordability checks, and interest rates fixed for the length of the loan. A lifetime mortgage is a form of equity release secured against your client’s home.

Retirement Interest Only Mortgage

LGHF’s Retirement Interest Only Mortgage (or RIO) is an interest-only mortgage with a fixed interest rate for life. If your client’s existing interest-only mortgage is coming to an end, they could use the RIO to pay the outstanding balance and stay in the home they love.

Some people even choose to borrow extra cash to buy a new home - or just do more of the things they love in retirement. It’s important to note that clients must make monthly interest payments - as a last resort, your client’s home may be repossessed if they do not keep up with payments.

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