LiveMore comment on UK Finance later life lending data

09 September 2025

Simon Webb, managing director of capital markets and finance at LiveMore, commented:

“The latest figures showing overall growth in later life lending underline just how vital this market has become and reflects the growth we’ve also seen at LiveMore. Between January and June 2025, LiveMore mortgage applications increased by 132% and completions by 58% versus the same time in 2024.

“With the recent interest rate cut offering a little relief for borrowers, we’re seeing more people explore the flexible mortgage options now available well into retirement. Later life lending is no longer a niche – it’s a fundamental part of the mortgage market. At LiveMore, our focus is on education and innovation, making sure advisers and their clients understand the full range of solutions beyond equity release, so older borrowers can make confident, informed choices about their financial future.”