LiveMore cuts rates across all mortgages by up to 0.25%

LiveMore has reduced rates across all of its later life mortgage products.

All retirement interest-only (RIO) mortgages have reduced by 0.25%, apart from the fixed-for-life RIO, which is down 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 its 10-year fix at 6.03%.

LiveMore has also cut lifetime mortgage products by 0.20%, with rates now starting at 6.38%.

This week’s rate reductions follow LiveMore’s February offer of 100% debt consolidation on mortgages of up to £1m.

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.”