LiveMore Capital removes arrangement fees
LiveMore Capital is removing the arrangement fees on all new mortgage applications across its entire product range.
"We hope that this change will assist our brokers in offering further choice to their customers needing interest-only solutions, along with a fresh approach to affordability."
Alison Pallett, sales director at LiveMore, said: “We are all about driving a better deal for more mature borrowers aged over 55 and this removal of the £995 to £1,395 product fees does exactly that.
"We hope that this change will assist our brokers in offering further choice to their customers needing interest-only solutions, along with a fresh approach to affordability.”
LiveMore recently reduced its standard fixed rates, ranging from five year products to lifetime mortgages. Seven, 10 and 20 year fixed rates now start at 3.55%, 3.74% and 4.05% respectively. Five-year fixed rates now start from 3.40% with a lifetime fixed rate at 3.90%.
LiveMore's mortgages are available to borrowers aged over 55 with no maximum age limit. It has also increased its lowest rate band from 50% to 60% LTV.
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
