LiveMore cuts standard and RIO mortgage rates by up to 0.49%
Standard mortgage rates now start from 5.48%.
Over 50s mortgage lender, LiveMore, has announced a series of rate reductions across its standard and retirement interest-only (RIO) mortgage products.
LiveMore has reduced most rates across its standard and RIO LiveMore 1 to LiveMore 4 products, with cuts of up to 0.49% on RIO and 0.43% on standard.
Rates now start from 5.48% on standard mortgages which include standard capital & interest, standard interest-only and part & part.
Paul Lewis (pictured), sales director of mortgages at LiveMore, commented: “We’re always looking for ways to better support brokers and their clients. These latest rate reductions reflect our commitment to making later life lending more accessible and affordable for a wider range of customers.
"As the market continues to evolve, we remain focused on offering flexible, competitive solutions that meet the needs of older borrowers.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote