The present disclosure relates to a process for converting a combined feedstock to renewable liquid product(s), wherein the ash content of the combined feedstock of lignin feedstock and a second renewable feedstock is low. The combined feedstock is mixed with solvent, followed by solvolysis to obtain a product mix. At least part of the product mix is recirculated as the oil fraction of said solvent. The present disclosure further concerns the use of the product mix as a renewable product or use of hydroprocessed oil obtained by the process.