This week, LiveMore announce that they will be reducing their ERCs on their ‘unique to the market’ long-term fixed products – with the highlight being their popular 10YR Fixed now only having an early repayment charge for 5 years.
Alison Pallett, Managing Director of Sales, LiveMore says: ‘we recognise the turbulent period we are in with interest rates, rising inflation and the need for our customers to have the peace of mind that a longer-term fixed product brings. There has never been a better time for a customer to fix; so the reduction to 5 years ERC on our 10 Year Fixed products, plus a reduction to 10 years ERC on our 20 Year Fixed and Fixed For Life products, goes some way in removing some of the barriers attributed to these longer-term products.
As with all products in the LiveMore range, all options come with the added benefit of;
- Being fully portable
- No early repayment charges in the event of major life events*
- Up to 10% capital repayment facility every year
- Payment break of up to 6 months available in the event of major life event*
*Death of a partner, or move into long term care
Pallett also says “We fully recognise the work and effort that intermediaries put in to give their customers the longer-term certainty and stability they require so our reduced ERCs, especially on our 10YR Fixed, should help benefit them even more”
View LiveMore’s products – https://assets.ctfassets.net/yxtnplm5hnjk/17CxAkzwuNFWmSdwb0cbYM/e70871e1aec8780699dbbb249ab85e2b/LiveMore_1_2_3_4_Product_Guide.pdf
Register with LiveMore today – https://portal.livemorecapital.com/bp/register/search-firms?_ga=2.94482396.1963476948.1655106345-893895218.1635761152
