The lender pulled the range six months ago following the mini Budget.
The updated LTVs now range from 19.5 per cent for younger borrowers up to 46.6 per cent LTV for borrowers aged 84. It is available to people between the ages of 55 and 84, loans range from £10,000 to £950,000.
Rates begin from 7.21 per cent monthly equivalent rate (MER) and 7.45 per cent annual equivalent rate (AER).
Les Pick (pictured), director of sales at More2Life, said the return of the range highlighted the lender’s “growing confidence in the sector following the challenges of the September mini Budget”.
He added: “Speaking to advisers, there is no doubt that there are customers who need to consider how housing equity can support their later life finances and lenders are stepping up to the plate to help advisers meet these needs.
“Each product launched is an affirmation of this desire to help customers and their advisers find the right option for their individual circumstances so the return of Maximum Choice should be welcomed. However, this is just the start, and we hope to be able to offer Maximum Choice drawdown in the near future as well as other innovative products which are designed to better serve older borrowers.”
Last month, the lender launched an online tool to help equity release advisers choose the most suitable products for their clients. This included an updated calculator to show how much equity could be released as well as the potential minimum and maximum LTV available.
