Over 50s mortgage lender, LiveMore, has completed its second social bond securitisation. The £215 million deal will provide flexible mortgages for older homeowners, 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 (ICMA) global principles for social bonds. It received a Second Party Opinion from ISS ESG, confirming that LiveMore’s lending qualifies as a social project focused on financial inclusion.
LiveMore is believed to be the only UK issuer currently securitising retirement interest-only (RIO) mortgages.
Simon Webb (pictured), managing director of finance and capital markets at LiveMore, commented: “Social impact isn’t an add-on - it’s our starting point. 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."
