LiveMore comment on inflation

26 March 2025

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

"A slowdown in inflation is a positive sign and offers hope that financial pressures may start to ease. Compared to this time last year, we’re in a better position and this inflation reduction will support growing optimism that interest rates could continue to fall. While the impact of higher rates is still being felt, particularly by those on fixed incomes or who have moved onto standard variable rates, for older borrowers, the good news is that the mortgage market has evolved, with more flexible options available than ever before. Ensuring people aged 50 to 90+ are aware of their choices will be key to helping them navigate this period and plan for the future with confidence. Tools such as the LiveMore Mortgage Matcher® can help brokers navigate the later life market so they can find affordable solutions for clients' specific circumstances in these changing times.”

"With the Spring Statement this afternoon, we want to see the Government take meaningful steps to support mid-to-later-life borrowers, many of whom still struggle to access mainstream mortgage products. Stamp duty remains a major barrier to downsizing, preventing housing stock from circulating efficiently, and targeted reform could help older homeowners free up equity while making larger homes available for families. Modernising affordability assessments to better reflect pension income and investments would also ensure that financially responsible borrowers aren’t unnecessarily locked out of the market. A more inclusive approach to lending would benefit not just older borrowers, but the housing market as a whole."