Lifetime Mortgage - Drawdown Request

Important Information

Our Lifetime Mortgages allow you to withdraw additional sums in minimum withdrawals of £2000 from your Drawdown Facility. You will find details about your Drawdown Facility and how the lifetime mortgage works in the Key Facts Illustration, Offer of Loan and the Terms and Conditions documents you were given when you took out your lifetime mortgage. You may find these documents helpful during the drawdown request process.

Please remember, the drawdown facility is not guaranteed and will be considered within the parameters of your  current lifetime mortgage and in accordance with the conditions of drawdown as set out in your Offer of Loan and Terms and Conditions.

Protecting Your Personal Information Is Extremely Important To Us

Our Privacy Policy tells you how Legal & General collect and store your personal information. Please take a few moments to read our policy.
If you are experiencing problems using this online service, please contact the Legal & General customer services team on 03330 048444.

Lines are open 8.30am to 5.30pm Monday to Friday.
Call charges will vary. Calls may be monitored and recorded.

Account Details

Please enter details of the account holder(s).
If you are Power of Attorney on the account, you will be required to enter your details in the Power of Attorney section.

Account Holder One

Account Holder Two

Loan Account Number

Please enter your loan account number.

Power of Attorney

If there is no Power of Attorney relevant to the lifetime mortgage, this section can be left blank.

If you are an existing Power of Attorney making an application on behalf of an account holder please enter the details below.
Where more than one Power of Attorney is acting of an account holder, their details will be confirmed by Customer Services when Legal & General call you back.

Attorney details for Account Holder One

Attorney details for Account Holder Two

Responsible Lending

Legal & General cannot provide financial advice regarding a drawdown and would recommend you speak to your financial adviser to fully understand the implications of this drawdown. In certain cases Legal & General may insist you take financial advice. You should consider other savings and investments before taking a drawdown against your lifetime mortgage and look into other options to borrow money that may be more cost effective.

Have you considered all other financial options available to you?

Would you like to explore other forms of lending with your financial adviser before you continue?

Current Circumstances

Legal & General are aware that there are events in life which sometimes make situations harder to deal with. If there is something you think Legal & General should know which may make it easier for you to manage your account, please let us know in the box below.

Please only complete this section if you consent to Legal & General recording the information provided.

Legal & General will use the medical and health information provided in your application and any other medical information provided in the course of your application solely for the purposes of helping us to service and administer your loan.

Drawdown Details

Please give us details of your drawdown request.

If you would like to understand the features and risks of drawdown, please tick the box for a personal illustration.

Please confirm what the funds are being used for:

Property Changes

It's important that Legal & General are kept up to date regarding the details of your property and who the residents are. For full details please refer to Section 10 of your Terms and Conditions document that was provided when you took out your lifetime mortgage.

Do all borrowers still live at the property as their main residence?

Has anybody else moved into the property?

Contact Details

Please provide your current contact details. Legal & General will then contact you at the most convenient time. Legal & General aim to contact you using the telephone details you have provided within the next working day where possible.

Where an account has joint account holders, Legal & General will need to speak to both account holders as part of the drawdown process.

Which is the best time to contact you?

Legal & General would like to be able to contact you in the future regarding your experience using this online drawdown request facility.

If you are happy to be contacted to provide feedback using the telephone details above, please tick this box.

By clicking the 'Submit Request' button, you agree that you have provided your information in accordance with the Legal & General privacy policy and have answered all questions honestly and to the best of your knowledge.