LiveMore has lowered rates on all of its mortgage products by up to 0.29% in response to growing confidence in the housing market and to support more borrowers. Its lowest rates is on its five-year fixed standard interest-only mortgage, which has dropped by 0.23% to 6.15%. Its rates on its retirement interest-only mortgages now start at 6.30%, down from 6.53% on its fee range, and now starts from 6.50% on its fee-assisted range. Equity release rates have dropped by 0.10% and the lender has also lowered its 5+5-year and 10-year fixes by 0.18%, with rates now starting at 6.60% and 6.20% respectively.

Experian has launched a suite of new capabilities for Ascend, its cloud-based analytics and technology platform. The latest innovations aim to increase operational efficiency, maximise profitability and support lenders and businesses in today’s rapidly changing market conditions and evolving consumer behaviours. The new features to the platform include Ascend retro on demand, which will be the “fastest self-service retrospective data service in the market”. It can take less than four hours for customers to access up to 100,000 record retro files. Ascent Ops simplifies model deployment, allowing customers to host and deploy models, whilst key updates on soft searches and performance data have been made to its eligibility analytics, includes unique data from price comparison websites.

Together supported more than 1,000 customers in November, by delivering 1,227 loans across the group, totalling more than £233m last month. The finance group completed 550 loans in its bridging department alone, totalling £130m through its regulated and unregulated offering, with buy-to-let lending in excess of £36m in November. The group also delivered £35.2m in regulated lending, supporting over 250 personal customers with their own mortgage and property ambitions.

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