LiveMore cuts rates across all mortgage products – The Intermediary

LiveMore, the mortgage lender for people aged 50 to 90 plus, has reduced rates across all of its mortgage products.

The lender has reduced all retirement interest-only (RIO) mortgages by 0.25%, apart from their fixed-for-life RIO, which is reduced by 0.20%.

Standard capital and interest, and standard interest-only mortgages are also down by 0.25%.

LiveMore’s standard interest only 5-year fixed fee range will now start at 6.13% and their 10-year fixed, at 6.03%.

LiveMore has also cut lifetime mortgage (equity release) products by 0.20%, with rates now starting at 6.38%.

Tim Wellard (pictured), senior proposition manager at LiveMore, said: “It is important to us that we continue to offer a broad and highly competitive product offering to our clients via our intermediary partners.”