LiveMore has announced an increase in loan to value (LTV) limits across its lifetime mortgage range, just six months after the lender’s 2025 equity release launch.
The move sees LTVs rise by up to 1.75% across selected products.
The changes apply to the Standard, 5-Year ERC and 6 Month Offer (Purchase) lifetime products and are intended to broaden access to later life lending. The Premier, Property+ and LTV1 tiers remain unchanged.
The adjustments mean that an 80-year-old customer could now access up to 51% LTV, up from 49.75%. At age 70, the LTV rises from 39.25% to 41%, while at age 55 it climbs from 22.25% to 24%.
Les Pick (pictured), sales director of equity release at LiveMore, said the changes demonstrate the lender’s ongoing focus on meeting the needs of older borrowers.
“We’re pleased to introduce these enhancements, which reflect our ongoing efforts to provide greater flexibility and support for later life borrowers,” said Pick. “The LTV increases will provide new opportunities for customers seeking to unlock equity. As always, we encourage brokers to use the LiveMore Mortgage Matcher to find the most suitable solutions quickly and efficiently.”
LiveMore’s refreshed lifetime range has been part of its broader push to grow in the equity release space, which it entered with a view to supporting homeowners aged 50 to 90 plus.
An updated product guide outlining the new rates is now available from the LiveMore website.
