LiveMore has completed its second social bond securitisation in a deal worth £215m.

The lender said the deal would allow it to provide flexible mortgages for older homeowners, helping those overlooked by traditional lenders while giving investors the chance to support ESG-focused investments.

Through its Social Bond Framework, LiveMore enables capital markets to fund loans that promote financial inclusion, security in retirement, and access to homeownership for people who are often excluded by traditional lenders.

The securitisation, named Exmoor Funding 2025-1, is structured under LiveMore’s Social Bond Framework and aligns with the International Capital Market Association’s (ICMAs) global principles for social bonds.

“Social impact isn’t an add-on – it’s our starting point,” managing director of finance and capital markets at LiveMore, Simon Webb, commented. “We’re proud to offer one of the UK’s very few social bond RMBS transactions, showing that our purpose, responsible lending and responsible investing can go hand in hand.”

The transaction was rated by both S&P and Moody’s, received strong investor demand, and meets UK and EU criteria for simple, transparent and standardised (STS) securitisations.

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