LiveMore has reduced rates across all of its products.
The self-styled mortgage lender for people aged 50 to 90+, has reduced all retirement interest-only (RIO) mortgages by 0.25%, apart from its 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%.
The lender 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.”
These rate reductions follow LiveMore’s February offer of 100% debt consolidation on mortgages of up to £1m.
