LiveMore cuts rates across product range

Later life lender LiveMore has reduced interest rates across its range of products.

The lender has slashed rates on all retirement interest-only (RIO) mortgages by 25 basis points (bps), with the exception of the fixed-for-life RIO mortgage, which is reduced by 20bps.

LiveMore has also lowered the rates for both its standard capital and interest mortgages, as well as its standard interest-only mortgages by 25bps. Consequently, the starting rate for LiveMore’s standard interest-only five-year fixed fee range is now 6.13%, and for its 10-year fixed range, 6.03%.