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The Royal London Equity Release product range offers both a Standard Product and a Premier Product. The Standard Product is available to customers aged 55 to 84 years and 6 months, with a minimum property value of £125,000 and a maximum value of £2,000,000.
The Premier Product offers the same age range and is better suited to customers with a high value property, above £2,000,000 and with no maximum limit. Both products offer the option to pay up to 10% of the total cash advance within each 12-month period.