LiveMore’s distribution continues to increase following a new partnership with Positive Lending.
Specialising in mortgage lending for the 50 to 90+ age group, LiveMore caters for a market that is underserved and currently offers a range of interest-only fixed-rate mortgages.
Positive Lending are a master distributor covering the whole spectrum of lending including specialist residential across all age groups supporting brokers looking for assistance to place cases.
LiveMore can cater for a wide variety of older people including some adverse credit and will consider a range of property types including modern methods of construction.
Leon Diamond, CEO at LiveMore, said: “As a relatively new lender – we are two years old – we are now building up our distribution at pace. Partnering with packagers is an important part of our journey and we look forward to a long and fruitful partnership with Positive Lending.
“We will consider complex cases, for example, where there has been some adverse credit or the property is of an unusual construction, as we manually underwrite all of our cases.”
David Coleman at Positive Lending, commented: “We are continually looking for ways to strengthen our offering with lenders who bring something new to the market and provide an alternative solution, we are delighted to welcome LiveMore onto our mortgage panel and look forward to working closely with them to support more brokers and clients in a currently underserved area of the market”
More about LiveMore
LiveMore know your customers weren’t born yesterday – in fact, they’ve managed their money for decades.
Thousands of people over 50 can afford a mortgage to live the life they deserve – yet high-street banks often take a short-sighted view, fail to recognise their wealth of life experience and refuse to lend to them.
LiveMore look beyond age to assess financial circumstances, such as credit history, income, pensions and investments – they believe people are never too old to get a mortgage that’s right for them.
Why choose LiveMore?
- Loan amounts of up to 10x income multiples based on Interest Only
- Employed/self-employed income as well as pension income and future pension income
- Easy affordability assessment
- Up to 75% LTV
- Flexible on property types (close to commercial etc)
- Purchase, remo and capital raise
- 5yr, 7yr, 10yr & 20yr & fixed for life rates with reduced ERC periods on 10yr, 20yr and fixed for life products
- Unique to market commission
To register with LiveMore, the process is simple: Simply click here to be taken to their broker portal, and you will be guided through the process.