Pure Retirement have released the following update (see below for details). Full product details from Pure Retirement are available here. Contact our team to discuss any cases or criteria in detail across their full range.
Announcement
Pure Retirement returns to higher LTV market with enhancements to its Heritage range.
The Special 3 product will offer up to 40% LTV at age 70, and 50.5% from age 80. In addition, the minimum applicant age is now just 60 years, and it’s available to both joint and single life basis applicants. The lender has also simplified pricing by removing the arrangements fees across its standard products (excluding Heritage Freedom).
Chris Buchanan, Pure Retirement’s Head of Product comments:
“I’m pleased that Pure Retirement can now offer a tangible alternative in the higher LTV market. The combination of our higher LTVs, removal of the arrangement fee across the standard Heritage range and our market leading service will be a compelling proposition for advisers. In addition, reducing the minimum age and opening up to joint life will help to make the higher LTVs more accessible for clients.”