LiveMore responds to FCA mortgage rule changes

17 December 2025

Leon Diamond CEO at LiveMore Capital, provided his reaction to the FCA’s plans to widen access to mortgage finance for older borrowers:

“I’m pleased to see the FCA has recognised the importance of the later life lending market and is committed to making borrowing more accessible. A growing number of homeowners are carrying mortgage debt later into life and hold significant housing wealth that could support a more secure retirement. These reforms have the potential to stimulate innovation in products and advice that better serve older borrowers and people unlocking equity to improve their lives.

“However, as the market evolves, it’s vital that flexibility in lending does not compromise safeguards for older consumers. The need for clear, tailored advice will be more important than ever to ensure that later-life borrowers understand the long-term implications of any financial decisions.

“At LiveMore we’re committed to providing innovative lending solutions for homeowners aged 50 to over 90, specialising in maximising affordability and non-standard cases. While equity release may be the best option for some customers, a RIO mortgage, interest-only product or lifetime mortgage may work better for others. We offer a full range of later life mortgage products, enabling older borrowers to free up funds with confidence and peace of mind. Our Mortgage Matcher® tool helps advisers find the right solution for the customer.

“We look forward to engaging with the FCA’s consultation process in early 2026 to help shape reforms that balance consumer choice, financial security in later life, and responsible lending practices.”