Royal London

Royal London was founded in 1861 and recently joined the equity release lending market in 2023 with the launch of the Royal London Equity Release Lifetime Mortgage products. Since inception, they have had the customer’s needs at the forefront of every product and are supported by a dedicated Customer Service Team, who are available for the duration of your Lifetime Mortgage journey.

Royal London Equity Release’s range of Lifetime Mortgages are designed to be as flexible as possible, to ensure that you get the financial support and peace of mind that you deserve in retirement. Royal London’s commitment to the industry ensures that they deliver a product range to customers across England, Wales, and Scotland.

There are three distinct products in the Royal London Equity Release product range, each tailored to meet the needs of their customers. They are members of the Equity Release Council, which guarantees a fixed interest rate for the duration of your Lifetime Mortgage and the option to make voluntary repayments, alongside other benefits.

Core Standard Product

The Core Standard Product is available to homeowners aged 55-84 and offers flexible borrowing to homeowners in England, Wales, and Scotland. This product is offered as either a lump sum or a drawdown and can be tailored to meet your specific needs and requirements.

Core Premier Product

The Core Premier Product is available as lump sum or drawdown plan to homeowners aged 55-84 and has been designed especially for homeowners in England with high value property values. These customers can release a minimum of £100,000 and a maximum of £2,000,000.

Principal Product

The Royal London Equity Release Principal Product is a lump sum product available to homeowners aged 55-89 and offers flexible lending terms, thanks to the unique in-house referral committee. The minimum loan size for this product is £30,000 to homeowners in England, Wales, and Scotland.