Later life mortgage lender Livemore has lowered rates across all its products by up to 0.25%.
All retirement interest-only (RIO) rates at Livemore are falling by up to 0.25%, barring the fixed-for-life RIO deal, which is going down by 0.2%.
Standard capital and interest and standard interest-only mortgages have reduced by 0.25%.
Its standard interest-only five-year fixed fee range will begin from 6.13%, and its 10-year fixed rate will be priced from 6.03%.
The firm also lowered its lifetime mortgage, or equity release products, by 0.2%, with pricing starting from 6.38%.
Tim Wellard (pictured), 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.”
Livemore recently changed its criteria to offer 100% debt consolidation on mortgages up to £1m to help “ease pressure for older borrowers”.
The lender has been growing its team, hiring Nicola Palmer as a key account manager for the South West, Lisa Kemp as a telephone business development manager (BDM) and Samantha Ward as proposition strategy and development head.
Livemore also hired Les Pick as its director of intermediary sales earlier this year.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
