LiveMore responds to UK Finance later life mortgage lending data

27 November 2025

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

“In light of the Chancellor’s budget announcement yesterday, we can expect to see later life lending continue on this upward trajectory. The highly anticipated ‘mansion tax’ will hit older homeowners considerably, leaving those who are asset-rich but cash-poor with significant outgoings. Plus, a continued freeze on income tax thresholds, will result in an ever-greater number of pensioners paying income tax on their hard-earned pension pots.

“For more and more older people, releasing funds from their home will be the best way to enjoy a stress free, supported retirement without moving. So, it’s never been more important for brokers to be aware of the options available to those looking for a later life lending product. 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. At LiveMore, we offer a full range of later life mortgage products, enabling older borrowers to free up funds with confidence and peace of mind."