LiveMore cuts rates across all mortgages
LiveMore, the mortgage lender for people aged 50 to 90 plus, has today reduced rates across all of their products.
They have reduced by 0.25% all retirement interest-only (RIO) mortgages, apart from their fixed-for-life RIO, which is reduced by 0.20%.
Standard capital & interest, and standard interest-only mortgages are also down by 0.25%. LiveMore’s standard interest only five-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, 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.”
This week’s rate reductions follow LiveMore’s February offer of 100% debt consolidation on mortgages of up to £1m.
