LiveMore reaction to base rate decision

05 November 2026

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

“While the market has priced in a rate rise over recent weeks, the decision will no doubt cause concern for many borrowers.

“For older borrowers, the impact of higher rates can be particularly acute when refinancing on a retirement income, where there may be less scope to absorb higher payments.

“Many are balancing mortgage commitments against rising household costs, while others still need to borrow later in life to support their changing circumstances. This makes access to suitable mortgage options and advice increasingly important, particularly if rates remain higher for longer.

“At LiveMore, we take a broader view of income than traditional high street lenders, helping borrowers over 40 access lending solutions that reflect their individual circumstances and needs.”