LiveMore has launched a limited-edition cashback mortgage, offering £1,000 on completion for borrowers aged 50 to over 90.
The offer is available for purchases and remortgages on retirement interest-only (RIO), standard capital and interest, interest-only, and part-and-part mortgages.
It applies to loans over £100,000 and for loans of £100,000 or less, the existing fee range products remain in place.
The product carries LiveMore’s standard £995 fee, which can be paid upfront or added to the loan.
Rates match the current RIO and standard mortgage fee range products; assisted legal fees are included for remortgages, as with the current fee range.
Applications must be submitted by 5.30pm on 31st October 2025.
The cashback is not available on LiveMore’s fee-assisted range, fee-assisted £500 cashback products, up to 100% debt consolidation or the lifetime (equity release) ranges.
Leon Diamond, CEO at LiveMore, said: “People over 50 have been hugely underserved until now. LiveMore was established to help rectify this.
“However, there is still a long way to go to ensure that every person over the age of 50 who can afford a mortgage can get one, and we intend to continue to be at the forefront of saying yes to this market.
“We are always looking for ways to provide greater value and flexibility to customers and their brokers.”
Diamond added: “With the cost of moving and remortgaging still front of mind for many, this cashback offer is designed to help ease upfront expenses while maintaining the competitive rates and product choice that LiveMore is known for.
“Customers can use the cash to help with any broker fees, pay the product fee or simply to help get set up in their new home.”