LiveMore has launched a limited edition cashback product, handing customers £1,000 on completion.  

The later life lender says the offer is available on purchase and remortgage options, for retirement interest-only, standard capital and interest, interest-only, or part-and-part mortgages.   

Its new cashback option applies to loans of more than £100,000, while existing fee range products remain in place for loans of £100,000 or less.  

The product carries LiveMore’s standard £995 fee, which can be paid upfront or added to the loan, and the rates are the same as the current retirement interest-only and standard mortgage fee range products. 

The new cashback product includes assisted legal fees for remortgages, as per the current fee range and is available for a limited time, with applications to be submitted by 5.30pm on 31 October. 

This limited-edition launch is not available on the lender’s existing fee-assisted range, fee-assisted £500 cashback products, up to 100% debt consolidation and the lifetime (equity release) ranges. 

LiveMore chief executive Leon Diamond says: “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.”