The lender has also lowered the minimum age it will accept for retirement interest-only (RIO) mortgage from 55 to 50.
This means all of Livemore’s products can now be accessed by people aged 50 and over.
Phil Quinn (pictured), head of intermediary sales at Livemore Capital, said: “We’re excited to start 2023 broadening both our product and age range for customers giving them more choice.
“The zero product fee and the free standard valuation will appeal to those customers who want to minimise upfront fees, especially given the current high cost of living.”
He added: “By lowering our minimum age for RIOs, more people can take advantage of a mortgage to meet their needs.
“This is just the beginning of a number of changes we will be making as we have new products in the pipeline which will widen our offering for the benefit of brokers and their clients.”
LiveMore is founded upon the belief that the usual high street mortgage options available when you’re 50 or over are limited and not good enough. A team of leading experts in mortgages and technology have come together to create a range of mortgages with fixed interest rates.
LiveMore works with intermediary partners to revitalise this underserved market by bringing a mix of customer care, product innovation and technology, with the intention of creating a simple and seamless journey for customers.
Read more news from bClear’s clients here: https://www.bclear.co.uk/news/