Legal & General Home Finance has adopted finova's Optimo decisioning solution.

The product bridges the gap between full interest serving mortgages and full roll-up lifetime mortgages.

more2life has committed to a 48-hour turnaround as part of the new service.

The new rules extend protection to mandatory payment lifetime mortgages and all advice conversations must now cover income and expenditure.

Existing customers can now access further advances up to the age of 90.

In addition to the higher LTVs, the product is now available to applicants aged 60 and above, and on both single and joint life basis.

The new product, called Interest Reward, will offer discounted rates to customers who commit to a payment plan.

L&G Home Finance has also simplified product names to help customers understand the best solution for their needs.