Prudential Lifetime Mortgage
We no longer offer the Prudential Lifetime Mortgage product to new customers.
Already have a Prudential Lifetime Mortgage (previously known as Property Value Release Plan)?
This page is for existing customers who currently have a plan with Prudential, and for customers who previously had a Stonehaven Lifetime Mortgage. If you are a new customer, please note that we no longer offer this product.
Do you want to release more money from your plan?
If you would like to release some additional funds, simply follow the three easy steps outlined below. The additional funds could be in your account in as little as 10-12 days from your call.
Check your most recent statement
Check your latest statement to find out how much is available to you or call us.
Please note, not all product options allow you to release additional funds. If you are unsure about whether you can release more funds, please call us.
Apply for drawdown
If you have funds available and would like to take advantage of some or all of these, simply call us or use our online request form and let us know how much you'd like to release (criteria and minimums apply). If you previously had a Stonehaven Lifetime Mortgage, you can only request the release of additional funds (drawdowns) by phone.
Drawdown Offer Document
We will then send you a Drawdown Offer Document, to confirm the details. Simply complete this with your bank details and signature(s). Once we receive the signed Drawdown Offer Document back, we will transfer your funds (a drawdown fee of £90 will apply) to your bank account within three working days.
|Call us for more information|
Existing Prudential customers
Please note that under certain circumstances the facility of further withdrawals could be restricted.