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LiveMore update: Reduced rates, affordability and criteria enhancements
09 April 2025
We’ve made price, affordability and criteria changes across our range, and invite you to join our webinar at 10am Wed 16th April.
⬇️Reduced rates
- All Standard and RIO LiveMore 1 to 4 rates reduced by up to 0.59% and start from 5.43%
- 🌷Spring Saver limited-edition 2-Year fixed rates from 5.78% available until 5pm 30th April 2025
✔️Affordability and criteria enhancements:
- Reversion margin – reduced from 3.50% to 3.00%
- Changes made to how different elements of income are treated
- Stress testing measures have been refined to reflect current market conditions enabling increased lending potential
➕Example
- A single applicant aged 68 earning £65k with £5k bonus and £5k shift allowance
- LiveMore 1, 5-year fixed rate product over a 10-year term
- Previous borrowing would have been £459,400
- Now it could potentially be £521,900 (uplift of £62,500 or 13.6%)
🏠Lifetime update
- Septic tanks are now acceptable under Standard criteria
🖥️Join our next LiveMore Webinar
Find out how we can support you to say ‘More Yes’ to ‘More Clients’ over 50
- 10am Wednesday 16th April 2025
- Hosted by Paul Lewis, Sales Director - Mortgages and Matt Evans, Head of Underwriting
- Receive CPD points
Any questions please get in touch
- 020 4525 7754
- sales@livemoremortgages.com
- Contact your local business development manager.
Rates as at 4 April 2025.
For intermediaries only.
