LiveMore, the specialist lender for borrowers aged 50 to 90 plus, has launched a limited-edition mortgage product offering £1,000 cashback on completion.

The incentive, available on both purchase and remortgage cases, is designed to ease upfront expenses at a time when costs remain a concern for many later life borrowers. Customers can use the cashback towards fees, broker charges or moving costs.

The offer applies to loans over £100,000 across LiveMore’s retirement interest-only, standard capital and interest, interest-only, and part-and-part ranges.

Rates remain aligned with its existing retirement interest-only and standard mortgage fee products, which carry a £995 fee payable upfront or added to the loan. Assisted legal fees are included on remortgages.

Applications must be submitted by 5.30pm on 31 October 2025. The cashback is not available on LiveMore’s fee-assisted products, £500 cashback options, 100% debt consolidation loans or equity release range.

The launch comes as the lender reports strong growth, with revenue up 721% over the past three years. Between January and June this year, applications rose by 132% compared with the same period in 2024, while completions increased 58%.

Leon Diamond, chief executive of LiveMore, said: “People over 50 have been hugely underserved until now. LiveMore was established to help rectify this. However, there is still a long way to go to ensure that every person over the age of 50 who can afford a mortgage can get one, and we intend to continue to be at the forefront of saying yes to this market.

“We are always looking for ways to provide greater value and flexibility to customers and their brokers. With the cost of moving and remortgaging still front of mind for many, this cashback offer is designed to help ease upfront expenses while maintaining the competitive rates and product choice that LiveMore is known for.”