LiveMore cuts rates across all mortgage products

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.”