The range includes fixed rate options for two, five, and 10 years, as well as a fixed-for-life rate exclusively for retirement interest-only mortgages.
Customers opting for the new product will benefit from a £500 cashback upon completion and free standard property valuations.
“We believe that everyone should be able to live in their own house, no matter their age,” said Tim Wellard (pictured), senior proposition manager at LiveMore. “The cost-of-living crisis shows no signs of abating, so we’re doing all we can to support customers, and provide more options to intermediaries.”
The decision to launch the product as a standalone offering stems from its initial success as part of LiveMore 3, introduced in February 2024, which now reverts to its original criteria. The standalone range is intended to simplify the selection process for intermediaries presenting products to clients.
LiveMore also considers applicants with adverse credit histories and accepts various income types up to the age of 80, including those from self-employment, rental, lodging, and pensions.
