Rates have reduced by up to 0.30%.
Related topic: Lifetime mortgage
Paul Glynn, CEO of Air, explores why waiting for lower later life mortgage rates could be counterproductive, and how providers are seeking to mitigate higher rates by introducing more...
The product offers interest rate discounts to clients who choose to make regular payments.
The average house price value among new lifetime mortgage customers has risen nearly five times as fast as the national average.
For the first time, there is a preference for drawdown over lumpsum plans among new customers.
The tool lists payment schedules, interest roll-up and the total amount borrowed/owed throughout the loan term.
The new reductions apply to LiveMore 2, 3 and 4 products.
Scott Burman, head of distribution at Pure Retirement, explores the differences between interest serviced lifetime mortgage and optional repayment lifetime mortgages and how advisers...
An interest serviced lifetime mortgage rewards customers with an interest rate discount while they make monthly payments on their lifetime mortgage.
While this website is checked for accuracy, Barcadia Media Limited are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances.
Barcadia Media Ltd, 14 Edward Street, Blackpool, Lancashire , FY1 1BA. Data Protection Notification No: Z162 1548.