View more on these topics

LiveMore cuts later life prices by up to 29bps  

LiveMore has cut rates across its entire mortgage range by up to 29 basis points.  

The later life lender says the reductions cover its retirement interest-only, standard interest-only, standard capital and interest and equity release home loans.  

Its lowest rate is now the firm’s five-year fixed-rate standard interest-only mortgage, which has dropped by 23bps to 6.15%.   

Rates on its retirement interest-only mortgages now start at 6.30%, down from 6.53% on its fee range, and now begins at 6.50% on its fee-assisted range.   

Equity release rates have fallen by 10bps.  

The lender has also lowered its five-plus-five-year and 10-year fixes by 18bps, with five-plus-five-year loans beginning at 6.60%, and 6.20% for 10-year offers.  

LiveMore product manager Tim Wellard says: “With swap rates continuing to stabilise, confidence in the housing market is on the up and at LiveMore following two exceptional months, we are keen to support more borrowers.   

“As a result, we have been able to reduce rates on all our mortgage products, which should help brokers and their customers.”

Recommended

Newsletter

News and expert analysis straight to your inbox

Sign up

Podcast