LiveMore has reduced rates on its standard mortgages – capital and interest, and interest-only – and retirement interest-only (RIO) products.
RIO rates have been reduced on all LiveMore 1 products, including for 2-year, 5-year, 5+5year, 10-year and fixed-for-life mortgages.
For example, 5-year fixed rates were reduced by 0.19%, from 6.18% to 5.99%.
Standard mortgage LiveMore 1 rates were reduced by up to 0.74%.
2-year fixed rates are down from 7.28% to 6.54% while 5-year fixed rates moved down from 5.99% to 5.84%.
At the same, 10-year fixed rates were reduced from 6.43% to 6.28%, and 5+5 year fixed rates were cut from 6.83% to 6.68%.
Samantha Ward (pictured), head of proposition strategy and development at LiveMore, said: “As a lender dedicated to serving customers from 50 to 90+, we understand challenges continue to arise with the cost of living.
“We believe everyone deserves financial solutions to support their borrowing requirements and that’s why we are committed to reducing rates wherever and whenever possible.”
