LiveMore Capital is removing the arrangement fees on all new mortgage applications across its complete product range.
The specialist lender launched in the market last year on a mission to help order borrowers achieve their home ownership goals or use their property “to live their latest life to the full”.
Alison Pallett (pictured), sales director of LiveMore Capital, said: “We are all about driving a better deal for more mature borrowers aged over 55 and this removal of the £995 to £1,395 product fees does exactly that.
“We hope that this change will assist our brokers in offering further choice to their customers needing interest only solutions, along with a fresh approach to affordability.”