Emerald Product Range in Detail

Introducing our Emerald range, available to applicants aged 55 - 90, with LTVs ranging between 18 - 47%

  • No negative equity guarantee
  • Downsizing protection
  • ERC free repayments
  • Partial repayments
  • Fixed ERCs
  • Direct Debits

Conditions and Details

Criteria Information
Personalised Quote Customers will receive a unique quote based on their loan amount, age, property value, property type and location. Log into our KFI Portal to get an exact quote for your customer.
Age limits Minimum Age: 55
Maximum Age: 89 (+ 364 days)
Property Location England, Wales and Mainland Scotland
Property Value Minimum Property Value: £120,000 (£150,000 if ex-local authority)
Max Property Value: No maximum property value
Loan Size Minimum Loan Size: £10,000
Max Loan Size: £1,500,000
Drawdown Facility Both lump sum and drawdown products are available
Minimum Drawdown Facility: No minimum
Maximum Drawdown Facility: Dependent on the maximum loan-to-value for the customer
Minimum release from drawdown facility: £500
Cashback Cashback is not available
Partial Repayments Up to 12 repayments can be made up to 12% of the advance amount per year early repayment charge (ERC) free. The minimum partial repayment amount is £50.
Loan to Values (LTVs) Maximum LTV is 21.90% - 47.00% depending on age
Early Repayment Charges (ERCs) Early Repayment Charges are fixed. For more details, please see the ERC guide.
Set up Costs For set-up costs please see the Tariff of Charges.
Porting The lifetime mortgage can be transferred to a new property, subject to it meeting lending criteria at the time.
Downsizing ERC Exemption If the intial advance has completed over 5 years ago and the new property does not meet the prevailing lending criteria, then the borrower(s) may repay the entire loan ERC-free.
Direct Debits Monthly Direct Debits of a regular amount can be set up for partial repayments on these products. Direct Debits Logo

Our Products

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