The range accepts applications from customers aged 55 to 75, with the maximum loan to value (LTV) of 46.1 per cent available depending on age.
The reintroduced product will be lump sum only, with the minimum initial loan size £10,000 and maximum initial loan size at £950,000.
The range comes with downsizing protection, fixed early repayment charges (ERC), no negative equity guarantee and ERC free repayments. Borrowers can repay up to 12 per cent annually without ERCs.
There is an £895 arrangement fee and fee-free option.
The rate is guaranteed for 21 days from issuing a key facts illustration by advisers to their clients to help them assess their options.
The lender reintroduced its Heritage range last month, which is a specialist high LTV product for the over 80s.
It has also cut rates in its Classic and Sovereign range with pricing starting from 5.5 per cent.
Pure Retirement’s head of products, Brendan Gilligan (pictured), said: “It’s gratifying to see the market opening up following the widespread effects of last autumn’s mini Budget.
“A holistic and innovate range of products continues to remain the forefront of market growth of 2023, and we’re proud to not only have restored full range availability to advisers and their clients through the reintroduction of Emerald, but also enhanced our other ranges to continue offering a wide range of attractive later life lending solutions to suit a variety of circumstances.”
He added: “These latest changes are only the beginning of a focus on product development over the course of the year, underlining our commitment to providing a market-leading lifetime mortgage offering.”
