Aviva equity release is winning awards!

25 Jan 2023

We’re excited to announce we won Best Provider for Products and Best Overall Provider for Lifetime Mortgages at the Mortgage Solutions 2023 Equity Release awards!

Market volatility, especially during the last few months of 2022, led to some providers closing their books. But that’s not how we operate at Aviva. We’re still open for business and we’re always looking for ways to improve our service, for both advisers and clients. It’s fantastic to see those efforts rewarded with these two awards.

Our major selling points

Here’s just a taster of what our equity release proposition offers

  • One product, one solution – the number of choices within our Lifestyle Flexible Option means every single application is tailored to the needs of each client. We lend on more housing types than many other lenders and our 28 week offer period (including re-offer) is one of the longest in the market.
  • A choice of early repayment charges – with fixed percentage and gilt-based ERCs, this can help clients make informed decisions on their initial loan choice.
  • Greater flexibility for leaseholders – by changing the way we calculate the LTV for leaseholder applicants, we’re able to offer a more flexible deal than many other providers, on flats and maisonettes in particular.
  • An even better pre-application process – identifying potential barriers to a successful application before it’s submitted can save time and stress for all parties. BDMs, lawyers, solicitors and surveyors work together to get the application in the best possible shape before it goes into underwriting.

Working hard for all our advisers

Last year, we ran a series of CPD webinars, covering everything from reserves to the impact of the housing market on equity release, reaching more than 2,000 attendees. Our online resource hub continues to grow, offering a wide range of guides and client aids. 

Here’s to another 25 years!

We’re still open and still doing business, just as we did throughout the financial crash of 2007. So far we’ve helped more than 270,000 people release over £10 billion in equity, providing both financial stability and peace of mind since 1998.

Aviva’s Equity Release Director, Matt McGill, says: “I’m delighted Aviva has been recognised by the industry for our commitment to equity release with these awards.

It’s incredibly important to us that we provide the adviser community with all the support we can to enable our mutual customer to be happy with their decisions every step of the way.

We’re excited to see what 2023 has in store and we look forward to continuing our equity release journey with you. Thank you for your support!”