Welcome to Legal & General

A way to release equity from your home.

A lifetime mortgage is a way to borrow against your home. It’s a type of equity release product. Equity release is usually repaid from the sale of your home after the last borrower dies, or moves out of your home and into long-term care. To ensure you understand all the features and benefits, you can only get a lifetime mortgage through a specialist adviser.

If you already know Legal & General, then we hope you'll know we're a company you can trust and that we're committed to helping you plan and build a secure financial future.

Established in 1836, Legal & General is one of the UK's leading financial service groups and a major global investor, with international business in the US, Europe Middle East and Asia.

We lent £965 million in 2019, making us one of the largest lifetime mortgage lenders in the UK. Since 2015 we’ve helped over 84,000 customers get a lifetime mortgage and start living a more colourful retirement.

We're always looking for new ways to help people lead a better retirement. We create products that work and that actually meet your needs as they change during your retirement.

We take your security and happiness very seriously: we only offer our Lifetime Mortgages through fully qualified and approved financial advisers.

That's why we believe Legal & General is a natural choice, particularly if you want to repay your Co-Operative interest-only mortgage with one of our Lifetime Mortgages. If you choose to do this, you must use the lifetime mortgage to pay off your existing mortgage balance in full, including any Early Repayment Charges that may apply.

You should consider if there are cheaper ways for you to borrow money.

Equity release is a product that lets homeowners aged 55 and over, take some of the money built up in their home, as tax-free cash. There are two types of equity release, lifetime mortgages and home reversion plans. Legal & General only offers lifetime mortgages.