News in brief - 20 June 2025

LiveMore has made a series of rate reductions across its standard and retirement interest-only (RIO) mortgage products. The mortgage lender for people aged 50 to 90 plus has reduced most rates across its standard and RIO LiveMore 1 to LiveMore 4 products, with cuts of 0.49% on RIO and 0.43% on standard. Rates now start from 5.48% on standard mortgages.

Norton Home Loans has promoted Laura Percival to head of lending as demand continues across its residential and second-charge mortgage propositions. As part of the role, Percival will oversee the firm’s lending strategy and day-to-day underwriting operation. Percival has over a decade of experience within the Norton group, having worked across debt management, sales and lending. She joined the lending department in 2018 and has progressed from underwriter to team leader, then lending manager, before taking on her new leadership role. She most recently served as servicing team manager, where she played a key part in managing operations and internal reporting.

Skipton Building Society has launched its new bonus saver product, which is available to new and existing customers. The savings product offers a rate of 4.50%, which includes a 1.70% fixed bonus for the first 12 months. It is an easy access account, meaning that customers can deposit and withdraw at any time with no penalties and can save from £1 up to £50,000, with interest paid annually.



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