LiveMore has reduced the interest rates across its entire product range by at least 1.6% with rates now starting from 6.69%.
The reductions apply to both interest-only mortgages and LiveMore’s recently launched Capital & Interest product, where some rates have been reduced by as much as 1.16%.
Phil Quinn (pictured), head of intermediary sales, said: “Now that the money markets are starting to settle after the turmoil caused by the mini-Budget, we are able to bring down our rates.
“We have a wide range of products available as our borrowers have many different requirements such as unusual property construction, debt consolidation or gifting to family, among other things.
“Our manual underwriters are experienced to deal with all sorts of borrower income when assessing affordability. We are the lender that likes to say ‘yes, we can lend to you’ when others say ‘no’.”
