LiveMore’s entire range now has no maximum age limit including its retirement interest-only and lifetime mortgages.

IMLA now has a total of 69 full and associate members.

The Society has launched new two-year and five-year products.

When interest rates were at lower levels, most buyers with a 10% or 5% deposit found mortgage payments comparable to, or less than, their current rent.

The majority of products have reduced by 10bps.

Interest-only products have seen the largest reductions.

Rates now start from 2.87%.

Victims lose £47,000 on average, but for some it’s more than £250,000.

Reductions apply across two, three and five-year fixed rates for new and existing borrowers.

Rates have increased by up to 0.20%.