LiveMore Capital has made reductions on all of its mortgage products by 50 basis points.

This means that, at 60% LTV, mortgages with a £995 product fee start at 6.19% and, with no product fee, 6.34%.

Meanwhile, at 85% LTV, with a £995 fee, rates start at 6.76% and, with zero fee, at 6.91%.

The lender deals exclusively in five- and 10-year fixes and with borrowers aged 50 and over.

It was late last week, 12 January, that LiveMore brought back its ‘fee-assisted’ mortgage products, which charge no fee and offer a free standard valuation.

It also dropped the minimum age for its retirement interest-only products from 55 to 50.

On its latest news, LiveMore head of intermediary sales Phil Quinn says: “It’s been a busy start to the year for us and we are gaining momentum with expanding our criteria and lowering the pricing by 50bps across our product range.

“As we move further into 2023, we will be further enhancing our product offering providing even more flexibility and choice to brokers and their clients.”